NorthAmOil - North America Oil & Gas
Canada's Gas Liquids Engineering completes detailed engineering for Alberta CCS hub
Gas Liquids Engineering (GLE) has finished detailed engineering work on Enhance Energy's Origins carbon capture and storage (CCS) hub near Clive, Alberta, the Calgary-based company said in a press release distributed via PR...
US LNG firm Venture Global targets up to 10 GW of behind-the-meter power at own sites
Venture Global (NYSE: VG) has signed frame agreements with GE Vernova and Baker Hughes Energy Services for up to 16 new 720 MW power island units, the US liquefied natural gas (LNG) exporter said in a statement on October 15.
US firms plan offshore gas-powered data centre platforms
Riverway Group and Offshore Data Center, two Houston-based companies, will jointly design offshore platforms that burn stranded natural gas to run data centres sited at the wells, the firms announced in a press release on...
US oil producer Matador completes Ridge Runner acreage deal
Matador Resources Company (NYSE: MTDR) has closed its purchase of about 13,600 net acres from Ridge Runner Resources II, LLC.
Shell to buy into Equinor’s Bay du Nord project offshore Canada
Norway’s Equinor has signed an agreement whereby Shell will acquire a 30% interest in the Bay du Nord project.
Devon to exit Eagle Ford with $4.2bn sale to Crescent
Devon Energy has struck a deal to sell its Eagle Ford assets to Crescent Energy, which is backed by KKR & Co., for around $4.2bn in cash.
Cenovus agrees to acquire Athabasca as part of oil sands consolidation trend
Cenovus Energy has struck a deal to acquire Athabasca Oil in a deal valued at $4bn.
Coinbase co-founder bets on Venezuela oil revival
Fred Ehrsam, the billionaire co-founder of Coinbase, is backing a new oil venture in Venezuela, betting that private capital and technical expertise can revive production in a country with some of the world’s largest petroleum reserves
Primavera recruits oil industry veterans to prepare for Venezuela field operations
Primavera is assembling an experienced management team as the Houston- and Caracas-based company prepares to begin operating Venezuelan oil fields under agreements signed with the country’s hydrocarbons ministry and state oil company
New charges deepen legal jeopardy for Venezuela’s former oil chief El Aissami
Tareck El Aissami, once one of Venezuela’s most influential officials, faces an expanding criminal case as speculation grows that the government of interim President Delcy Rodríguez could transfer him to US custody
Venezuela banks on oil and mining to finance debt restructuring
Venezuela is looking to oil and mineral revenues to finance an economic recovery and prepare for a potential restructuring of between $150bn and $200bn in external debt, according to a plan presented to the International Monetary Fund
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