Page 1 - NorthAmOil Week 09 2023
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Issue 743 02•March•2023 Week 09
Price pressure
US shale producers’ planned deals and drilling strategies are being
complicated by volatile natural gas prices.
Spending up
Occidental Petroleum will hike its capital spending to $6.2bn in 2023 from
$4.5bn in 2022, including on its direct air capture project.
Beating targets
Canada’s MEG Energy will likely exceed its 2023 annual average production
target according to a company executive.
Offtake agreements
Venture Global LNG has struck new LNG sales and purchase agreements
with China Gas Holdings and Excelerate Energy.
