NorthAmOil Week 08
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Issue 592 27•February•2020 Week 08
Application withdrawn
Canada’s Teck Resources withdrew its application to build the Frontier oil sands mine days before a federal government decision on the project.
Profits and problems
LNG exporter Cheniere Energy has reported rising profits, but has also issued a warning about slowing demand for the fuel in Asia.
Minimising flaring
Pioneer Natural Resources’ CEO, Scott Sheffield, has called on energy investors to punish shale producers with high rates of natural gas flaring.
Struggling to survive
Chesapeake Energy’s quarterly and annual losses illustrate how the low commodity price is hammering some shale producers.
