Page 1 - NorthAmOil Week 42 2022
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Issue 726 20•October•2022 Week 42
Leadership change
New Alberta Premier Danielle Smith looks likely to clash more with Ottawa
on energy production and climate change than her predecessor.
Biogas acquisition
BP is buying leading Texas-based biogas producer Archaea Energy for
$4.1bn in cash and net debt as it seeks to accelerate its energy transition.
Going private
Shale producer Continental Resources will merge with Omega Acquisition, a
corporation owned by Continental’s founder, Harold Hamm.
SPR releases
The administration of US President Joe Biden has announced another 15mn
barrels of oil will be sold from the Strategic Petroleum Reserve.