NorthAmOil Week 17
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Issue 601 30•April•2020 Week 17
Cuts continue
Canadian energy companies continue to cut spending and production, but dry gas producers could benefit as associated gas output drops.
Revised terms
BP has renegotiated the financial terms of the deal to sell its Alaska business to Hilcorp Energy in response to the current market volatility.
Diamond in the rough
Houston-based Diamond Offshore Drilling has filed for Chapter 11 bankruptcy protection.
Helping hands
ExxonMobil has reconfigured its manufacturing operations in Louisiana to make medical-grade hand sanitiser for donation to the coronavirus fight.