Page 1 - NorthAmOil Week 50 2021
P. 1
Issue 684 16•December•2021 Week 50
Spending up
Oil sands producers Suncor Energy and Cenovus Energy anticipate increases
in capital spending and production in 2022.
Half capacity
Around half of the US’ oil pipeline capacity is currently unused, as
production remains below pre-pandemic levels despite rebounding recently.
IPO plan
The private equity firms that own Colgate Energy Partners III are reportedly
planning an initial public offering for the tight oil producer.
GMT2 online
ConocoPhillips has announced this week that it has begun production at the
Greater Mooses Tooth 2 project in the National Petroleum Reserve-Alaska.
