NorthAmOil - North America Oil & Gas
Brazil's oil exports may be hit quickly by US tariffs
A US-Brazil tariff war has the potential to impact Brazilian oil exports quickly and raise Brazil’s diesel prices, says Marcus D'Elia, partner at Leggio Consultoria.
Argentina fires more than 60 staff over leaks in YPF compensation case, will not negotiate with Burford
Argentina's National Treasury Attorney General's Office has dismissed more than 60 employees
Venezuela taps fuel stockpiles to offset Chevron exit and sustain oil output
Venezuela’s oil sector has proved more durable than anticipated following Chevron Corp.’s forced withdrawal, with emergency purchases of key blending agents helping maintain production near 1.1mn barrels per day through June and July
Venezuela defies sanctions with stable oil output and pivot to China
The expiry of wind-down periods for some sanctioned customers in late May prompted PDVSA to swiftly redirect cargoes, mostly to Chinese buyers, sidestepping restrictions through intermediaries
Mexico Pacific requests DoE for 7-year extension for Saguaro Energia LNG plant
Mexico Pacific Limited has filed an application for a seven-year extension of the export deadline for its Saguaro Energia LNG plant with the US Department of Energy.
Freeport LNG granted 40-month extension for Train 4
Freeport LNG has obtained a 40-month extension from US federal regulators to finish construction of its Train 4.
India’s GAIL opens discussions with Alaska LNG
GAIL throws its hat in the ring with over 50 other companies that have expressed interest in buying LNG from Glenfarne’s proposed facility.
Venture Global inks 20-year LNG supply deal with Italy’s Eni
US LNG giant Venture Global has agreed to supply Italian energy firm Eni with 2mn tonnes per year of LNG over a 20-year contract.
Sanctions-dodging 'ghost fleet' moves Venezuelan oil in shadowy operations
A new investigation by NGO Transparencia Venezuela reveals how a shadow fleet of tankers is facilitating covert oil exports from Venezuela, bypassing US sanctions through deceptive maritime tactics
Outlook improves for US Northeast gas pipeline development
The outlook has improved for new pipeline plans in the US Northeast following several challenging years.
ConocoPhillips asks to expand oil exploration in NPR-A
ConocoPhillips filed applications on July 14 to explore for more oil in the National Petroleum Reserve-Alaska.
Mars crude contamination causes brief supply disruption
A brief supply disruption related to a zinc contamination issue in the Mars crude stream appears to have been resolved.
Bondholders move to derail Venezuela-owned Citgo sale over disputed collateral rights
A group of creditors holding defaulted Venezuelan bonds is moving to block a $7.4bn offer to acquire Citgo Petroleum Corp.’s parent company.
Brazil seeks to negotiate Trump's threatened tariffs but oil exports could be unscathed, say analysts
Argentina receives temporary relief in YPF case as Trump offers support
Argentina has secured a brief reprieve from a US court ruling that would force the government to surrender its controlling stake in national oil company YPF.
Venezuela criticises energy sanctions at OPEC seminar in Vienna
Venezuela's Vice President Delcy Rodriguez has used a major oil industry gathering to condemn international sanctions on energy producers again, warning they threaten global supply security and undermine investment in the sector.
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