NorthAmOil - North America Oil & Gas
Royal Dutch Shell increased its production in the Permian Basin – the US’ most productive shale region – to 250,000 barrels per day in December 2019.
Suncor Energy has reported a wider quarterly loss compared to what it achieved a year ago, with the result affected by a one-time impairment charge.
US independent Noble Energy has taken a $1.16bn charge related to its assets in the Eagle Ford shale play in South Texas.
The US Department of Energy issued four licences this week covering LNG exports from proposed facilities in Texas to countries with which the US does not have a free-trade agreement.
The cost of the Trans Mountain pipeline expansion has risen two-thirds to $9.5bn following extensive delays and changes to the scope of the project.