Page 1 - NorthAmOil Week 10 2022
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Issue 694 10•March•2022 Week 10
Canadian crunch
Planned maintenance is anticipated to take roughly 5% of Canadian crude
production offline this spring, adding to supply worries.
Indigenous ownership
Pipeline operator TC Energy has signed option agreements to sell a 10%
interest in the Coastal GasLink gas pipeline to indigenous communities.
Major merger
US shale players Whiting Petroleum and Oasis Petroleum have agreed to
combine in a what they described as a merger of equals.
Import ban
US President Joe Biden announced on March 8 that his country was banning
imports of Russian oil and gas, as well as coal.
