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Issue 716 11•August•2022 Week 32
Devon’s Eagle Ford expansion
Devon Energy will nearly double its Eagle Ford production in the first billion-dollar deal in the play since 2018.
Freeport LNG’s force majeure retraction Freeport LNG is reported to have retracted the force majeure it had declared after an explosion at the liquefaction and export facility in June.
ExxonMobil considers trading push ExxonMobil is reportedly considering expanding its trading operations globally amid elevated commodity prices.
Alberta production record
Alberta’s oil production hit a new record of 3.6mn bpd on average in the first half of 2022, according to ATB Economics.