NorthAmOil - North America Oil & Gas

24 July 2025

Brazil's oil exports may be hit quickly by US tariffs

23 July 2025

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

23 July 2025

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

23 July 2025

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

23 July 2025

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

23 July 2025

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

21 July 2025

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

20 July 2025

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

20 July 2025

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

18 July 2025

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

17 July 2025

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

17 July 2025

ConocoPhillips filed applications on July 14 to explore for more oil in the National Petroleum Reserve-Alaska.

Mars crude contamination causes brief supply disruption

17 July 2025

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

17 July 2025

A group of creditors holding defaulted Venezuelan bonds is moving to block a $7.4bn offer to acquire Citgo Petroleum Corp.’s parent company.

Argentina receives temporary relief in YPF case as Trump offers support

17 July 2025

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

17 July 2025

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.