Page 1 - NorthAmOil Week 18 2022
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Issue 702 05•May•2022 Week 18
Super-major profits
ExxonMobil and Chevron both posted multi-billion-dollar profits for the
first quarter, but some aspects of their results fell short of expectations.
Expansion FID
The partners in the Whistler Pipeline in Texas have announced a final
investment decision on an expansion of the gas project.
Multi-decade high
Canada’s Imperial Oil posted net income of CAD1.2bn ($914mn) in the first
quarter of 2022, representing its highest total in 30 years.
More offtake
US LNG developers NextDecade and Energy Transfer have announced new
offtake agreements with buyers over the past week.