NorthAmOil Week 34
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Issue 568 27•August•2019 Week 34
Moving forward
Venture Global’s FID on its Calcasieu Pass terminal shows that the second wave of US LNG terminal construction is gaining momentum.
Oil storage bet
Canada’s Pembina Pipeline has struck a deal to buy Kinder Morgan’s Canadian subsidiary and the US portion of the Cochin pipeline for $3.29bn.
Muted interest
e latest lease sale in the US Gulf of Mexico generated nearly $159.4mn in high bids for 151 tracts, representing just over 1% of the acreage on o er.
Curtailment extension
e government of Alberta has extended its mandatory programme of curtailments on oil production in the province until the end of 2020.
