NorthAmOil - North America Oil & Gas
EIA: US rig count drops despite production soaring to record highs
The number of active oil and gas rigs in the US has fallen considerably over the past three years
Trump reopens Alaska drilling rolling back Biden-era limits
US President Donald Trump’s administration has rescinded limits in Alaska on oil and gas drilling.
US super-majors circle around Lukoil’s assets in Kazakhstan and Iraq
Exxon Mobil has reportedly joined Chevron in exploring potential acquisitions of Lukoil’s international assets since the US Treasury authorised companies to begin discussions with the sanctioned Russian oil firm.
Venture Global applies for FERC approval for expansion of Plaquemines
US LNG developer Venture Global has submitted a permit application for the expansion of its Plaquemines project with the Federal Energy Regulatory Commission.
Woodfibre LNG sues District of Squamish over approval process
Change in classification is set to raise Woodfibre LNG’s property taxes by CAD1.8mn.
Ukraine's DTEK imports first US LNG cargo
The shipment marks the first time a Ukrainian private energy company has chartered a vessel and arranged loading on FOB terms in the US.
Egypt’s imports of US LNG surge to 57.3 bcf in August
Egypt has purchased around 57.3bn cubic feet (bcf) of US liquefied natural gas (LNG) in August. The volume represents 13% of total US LNG exports for the month
Ksi Lisims LNG plant added to Canada’s major projects list
The $10bn plant in northern British Columbia would produce 12mn tonnes of LNG per year.
Canada's Frontera Energy plans infrastructure spin-off in Colombia
Canadian energy company Frontera Energy announced plans to separate its Colombian infrastructure business through a spin-off transaction creating two independent entities: Frontera Exploration & Production and Frontera Infrastructure
Shell must pay Venture Global’s court fees following arbitration loss
Shell has been ordered by an International Chamber of Commerce panel to pay Venture Global’s court fees following its unsuccessful arbitration case.
Judge rejects Venezuela and Gold Reserve bid to halt Citgo-linked auction
A US federal judge has dismissed attempts by Venezuela and miner Gold Reserve to remove him, a court-appointed officer and two advisory firms from the court-run auction of PDV Holding, the parent company of Citgo Petroleum
US imports of Iraqi crude oil fall to 149,000 bpd by mid-November
Iraq’s crude oil exports to the US declined last week, according to data released by the US Energy Information Administration (EIA)
EU LNG imports set for record high in November as US supply surges
Liquefied natural gas (LNG) imports into the European Union are on track to hit an all-time monthly high in November, driven by a sharp rise in shipments from the United States.
US supermajor Chevron outlines focus on cash flow growth
US-based supermajor Chevron unveiled its plans for the next five years at its investor day on November 12.
Venture Global announces three LNG offtake deals in a week
US LNG exporter Venture Global has struck three separate offtake agreements in the past week.
Baytex exiting Eagle Ford to focus on Canada
Canada’s Baytex Energy has agreed to sell its assets in the US’ Eagle Ford shale to an unnamed buyer for CAD3.25bn ($2.305bn) in cash.
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