NorthAmOil Top Story archive

25 May 2017, Week 20, Issue 459

The US executive has called for the sale of 270 million barrels of oil from the Strategic Petroleum Reserve (SPR) in its proposed 2018 budget. This, the White House said, would leave around half...

18 May 2017, Week 19, Issue 458

Enbridge is investing C$1 billion (US$735 million) in the expansion of its natural gas pipeline system in British Columbia. The move comes in response to increased demand for takeaway capacity...

11 May 2017, Week 18, Issue 457

Suncor Energy, Canada’s largest oil and gas producer, says that this year it will apply to the province’s regulatory authorities to build a new thermal oil sands project. The Lewis project could...

04 May 2017, Week 17, Issue 456

Canadian midstream operator Pembina Pipeline is buying rival Veresen for C$9.7 billion (US$7.0 billion) including debt in a deal, announced on May 1, that will create one of the largest energy...

27 April 2017, Week 16, Issue 455

California Resources and Macquarie Infrastructure and Real Assets (MIRA) have agreed to a US$160 million joint venture to expand oil and gas activity in California.

20 April 2017, Week 15, Issue 454

The Alaska LNG project has filed an application with the US’ Federal Energy Regulatory Commission (FERC). The Natural Gas Act Section 3 filing was lodged by the Alaska Gasline Development Corp. (...

13 April 2017, Week 14, Issue 453

Midstream operator NuStar Energy has struck a deal, worth US$1.48 billion, to expand into assets in Texas’ Midland Basin. Announcing the agreement on April 11, NuStar said it would buy Navigator...

06 April 2017, Week 13, Issue 452

Malaysia’s Petronas is considering building its stalled Pacific NorthWest LNG export facility at the site of an abandoned Royal Dutch Shell LNG project in British Columbia, Canada.

30 March 2017, Week 12, Issue 451

ConocoPhillips has struck a deal to sell its stake in the Foster Creek Christina Lake (FCCL) oil sands partnership, plus most of its gas assets in Western Canada, for US$13.3 billion to Cenovus...

23 March 2017, Week 11, Issue 450

TransCanada is seeking federal approval to move ahead with a pipeline that would service the planned Pacific Northwest LNG export project in British Columbia.

16 March 2017, Week 10, Issue 449

Spain’s Repsol, together with US partner Armstrong Energy, has announced a major conventional oil discovery on Alaska’s North Slope – a region has long been seen as being in severe decline.

09 March 2017, Week 09, Issue 448

A three-year pilot project that produced Alberta oil sands bitumen with no water and resulted in low emissions has been dubbed a success by the company leading it.

02 March 2017, Week 08, Issue 447

EOG Resources has increased its capital expenditure for 2017 as it benefits from lower costs and higher prices. Announcing its full-year 2016 results on February 27, the company said it had...

23 February 2017, Week 07, Issue 446

ConocoPhillips has taken a major write-down on its Canadian oil sands reserves as a result of lower prices. At the end of 2015, proven undeveloped reserves were 3.02 billion barrels. By the end...

16 February 2017, Week 06, Issue 445

The almost C$2 billion (US$1.5 billion) price hike at Suncor Energy’s Fort Hills oil sands project is a result of construction delays triggered by the 2016 wildfires as well as changes in its...

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