ALBERTA
AB Gov’t • Getting a fair deal for Alberta: Report recommendations
Cdn Press • Enbridge offers 800 staff voluntary buyouts to cut costs
Cdn Press • CPP, equalization on the table as Alberta weighs ‘Fair Deal’ in Canada
CANADA
CBC • TC Energy’s Coastal GasLink ramps up pipeline work
CBC • Ovintiv, formerly Encana, laying off workers in Canada and US
EIA • Higher W. Cdn spot prices limit US natgas imports from Canada
FCL • Co-op Refinery and Unifor reach tentative deal after 6-mo strike
CER • On-site response to Trans Mountain Sumas incident has concluded
USA
CNN • JPMorgan thinks $190 is still possible, even after pandemic
API • Demand shows signs of recovery as states gradually reopen
Reuters • Shale producers to add 500,000 bpd of output by month-end
Reuters • Chesapeake skips interest payment; borrowing base slashed
GLOBAL
HC Tech • Sasol to discontinue oil operations in West Africa
Platts • Norwegian output slips in May but 440,000 bpd higher y/y
Bloomberg • OPEC+ finalizes deal on compensation for Iraq cuts cheating
OPEC • Market rebalancing, full commitment to conformity remains the focus