NorthAmOil - North America Oil & Gas

Tellurian allowed to begin site preparation work for Driftwood LNG

Tellurian has been given the go-ahead by US regulators to start preparation work at the site of its proposed Driftwood LNG terminal in Louisiana, on the Gulf Coast.

Kinder Morgan closes deal to exit Canada

Pipeline operator Kinder Morgan has closed a deal worth over $2.5bn to sell its Kinder Morgan Canada and cross-border Cochin Pipeline subsidiaries to Calgary-based Pembina Pipeline.

EIA forecasts only modest shale production increase in January

The US Energy Information Administration has forecast that the leading seven shale regions in the US will experience an increase of only 30,000 barrels per day, or less than 1%, in January compared with the projected figure for December.

Talos goes on Gulf shopping spree

Houston-based Talos Energy has entered into a series of definite agreements to acquire a “broad portfolio” of assets in the US Gulf of Mexico from affiliates of ILX Holdings, Castex Energy and Venari Resources.

Chevron sanctions Anchor project in Gulf

Chevron has made a final investment decision on its Anchor project in the US Gulf of Mexico.

WPX buying Permian player Felix for $2.5bn

Oklahoma-based WPX Energy is expanding its Permian Basin footprint with the purchase of Felix Energy for $2.5bn.

ExxonMobil wins New York securities fraud lawsuit

ExxonMobil has won a case brought against it by the New York attorney general alleging that the company had misled investors on the costs of climate change, but looks set to remain under pressure.

One step forward, two steps back for Kitimat LNG

Chevron has said it could sell its entire stake in the Kitimat LNG project, within days of receiving an expanded export licence for the facility.

Chesapeake makes debt financing moves

Chesapeake Energy announced a series of debt financing moves last week.

Freeport LNG marks milestones

McDermott International, Chiyoda International and Zachry Group, the engineering, procurement and construction contractors on the Freeport LNG export project in Texas, have announced two milestones on the development of the terminal.

US regulators approve New Jersey LNG-by-rail plan

Federal regulators in the US have approved the use of trains to ship LNG to Gibbstown, New Jersey, from Wyalusing in north-eastern Pennsylvania.

Suncor forecasts 2020 production increase

Canadian producer Suncor Energy has forecast that its oil output will rise by 5% in 2020, despite uncertainty relating to mandatory production curtailments imposed by Alberta’s provincial government.

Enterprise, Enbridge partner on crude export terminal offshore Texas

US-based Enterprise Products Partners and Canada’s Enbridge have signed a letter of intent to jointly develop a crude export terminal in the US Gulf of Mexico, offshore Freeport, Texas.

Shale receives a short-term boost

The decision by OPEC and its partners to extend and deepen production cuts, at least in the short term, comes as a boost to the US shale industry.

Chevron gains expanded export licence for Kitimat LNG

Chevron has been granted an expanded export licence for its proposed Kitimat LNG export project, in a boost to Canada’s nascent LNG industry.

Brouillette replaces Perry as US Energy Secretary

The US Senate has confirmed Dan Brouillette as the new federal Secretary of Energy in a bipartisan vote of 70-15. Brouillette replaces Rick Perry, who officially left his post on December 1.

Canadian regulator forecasts nearly 50% oil output growth by 2040

The Canada Energy Regulator released a long-term outlook this week, which forecasts that the country’s oil production will grow by nearly 50% to about 7mn barrels per day by 2040.

Energy Transfer, Shell release Lake Charles LNG tender

Energy Transfer and Royal Dutch Shell have released a commercial tender package for the Lake Charles LNG project, which they are proposing to build in Louisiana.

McDermott, Chiyoda introduce feed gas to Cameron LNG Train 2

McDermott International and Chiyoda International, the joint venture contractors on the Cameron LNG export project in Louisiana, have introduced feed gas to the second train at the terminal.

Halliburton to cut over 800 jobs, shut facilities in Oklahoma

Oilfield services provider Halliburton said this week that it planned to close an office in El Reno, Oklahoma, with the move set to result in 808 jobs being cut.

US becomes net exporter of crude and products in September

The US reported its first full month as a net exporter of crude and petroleum products in September, and while the country’s producers are bracing for a slowdown in growth, subsequent months could show a similar trend.

Pipeline progress heralds relief for Canada’s oil sands producers

Enbridge has started up the Canadian portion of its Line 3 replacement, while other efforts to add to Western Canadian takeaway capacity are also underway.

NuStar building up infrastructure in Texas

Pipeline operator NuStar Energy is in the process of expanding its infrastructure in Texas as it seeks to accommodate rising volumes of crude and products.

Kosmos comes up dry with Resolution well

Kosmos Energy has announced that the Resolution exploration well, which it drilled in the US Gulf of Mexico in a 50:50 partnership with BP, has turned out to be a dry hole.

Gunvor to market all LNG from Louisiana’s Commonwealth project

Gunvor Group agreed this week to double the maximum amount of LNG that it would buy from the proposed Commonwealth LNG project in Lousiana, on the US Gulf Coast, as well as marketing the remainder of the facility's output.

ConocoPhillips unveils plans for Alaska investment, asset sale

ConocoPhillips announced last week that it wanted to sell a stake in some of its Alaskan oil projects in a bid to offset risk and share the costs of developments it is planning in the state over the coming years.

FERC approves four Texas LNG projects

The US Federal Energy Regulatory Commission has granted approvals for the construction of four LNG projects in Texas – comprised of three greenfield ventures and one expansion of an existing facility.

Canadian rail strike brought to an end

A tentative agreement has brought a week-long rail strike to an end, allowing crude shipments – among others – on Canadian National Railway trains to resume.

Market oversupply causes Pavilion to cancel cargo

Oversupply in the global market has led Singapore’s Pavilion Energy to cancel the loading of a US LNG cargo, and more such moves could follow.

HollyFrontier to build biodiesel plant in New Mexico

US-based refiner HollyFrontier has unveiled plans to build a new biodiesel plant as it seeks to meet its requirements under the Renewable Fuel Standard.

BP Midstream considering Mars pipeline expansion

BP Midstream Partners is considering expanding its Mars crude oil pipeline to accommodate new offshore output from the US Gulf of Mexico.

Encana shareholder to vote against relocation

Letko, Brosseau & Associates, a shareholder in Encana, has said it will vote against the Calgary-based company’s proposed relocation of its corporate domicile from Canada to the US.

Callon reduces offer for Carrizo, resulting in new support

Callon Petroleum has amended the terms of its agreement to acquire Carrizo Oil & Gas. As a result of these amendments, parties that had previously opposed the merger have now come out in support of it.

Ecopetrol, Occidental finalise Permian joint venture agreement

Colombia’s Ecopetrol and US-based Occidental Petroleum have completed a previously announced transaction to form a joint venture focused on the Permian Basin.

Warnings abound of shale slowdown

Some US shale drillers have already set out plans to reduce capital spending in 2020, as shale activity slows down on persistently low crude prices and a challenging operating environment.

Bailout of Canada’s energy industry playing out with little transparency

A package of funds set aside by Ottawa last year to help Canada’s struggling energy industry is being paid out, but with limited transparency over its recipients.

Permian flaring reaches new high

The flaring and venting of natural gas has reached a new all-time high in the Permian Basin, where it is a by-product of drilling for oil.

Occidental reportedly seeking to sell Anadarko’s Wyoming, Colorado assets

Occidental Petroleum is reportedly soliciting bids for oil and gas assets in Wyoming and Colorado that it acquired through its takeover of Anadarko Petroleum.

Eagle Ford infrastructure beefed up as Equinor exits

Harvest Midstream has started construction on the Ingleside pipeline and the Harvest Midway terminal to serve customers in the Eagle Ford shale, while Norway's Equinor has announced its exit from the play.

Alberta’s Houston Oil & Gas ceases operations

Calgary-based Houston Oil & Gas has gone into receivership, becoming the latest Canadian oil company to fall victim to unfavourable operating conditions caused by low oil and gas prices.

Repsol looks to Canadian oil

Spain’s Repsol is reportedly looking at Canadian heavy crude as a source of feedstock for its European refineries.

Suncor, Microsoft partner in first for oil sands

Suncor Energy has partnered with Microsoft in a deal focused on digital transformation that has been described as a first for the oil sands industry.

Permian players turning to renewable power

Drillers in the prolific Permian Basin are increasingly turning to renewable energy to power their operations.

Magellan to redesign Voyager pipeline

Magellan Midstream has unveiled plans to redesign its proposed Voyager pipeline in a bid to lower costs.

EPIC launches third open season for crude pipeline

EPIC Crude Holdings announced last week that it was launching a third open season for the EPIC crude pipeline from the Permian Basin to the Texas Gulf Coast.

Encana announces name change, relocation of headquarters

Calgary-based Encana has unveiled plans to be rebranded as Ovintiv and establish corporate domicile in the US.

Alberta to keep carbon tax, with some adjustments for large emitters

The government of Alberta has said it will keep its provincial carbon tax at CAD30 ($23) per tonne. However, new legislation will replace the previous government's rules for most large greenhouse gas emitters in the province.

Hess announces Esox-1 discovery in deepwater Gulf

Hess has announced a discovery with the Esox-1 well offshore Louisiana in the deepwater Gulf of Mexico.

Permian boosts super-majors’ third-quarter performances

ExxonMobil and Chevron both recorded third-quarter drops in their earnings, but saw their performances boosted by activity in the Permian Basin.

Keystone spill puts more pressure on Alberta producers, new pipelines

An outage on the Keystone pipeline system has put more pressure on Alberta’s producers, as well as on operator TC Energy as it tries to win final approval for its Keystone XL expansion.

ExxonMobil reportedly seeking buyer for Billings refinery

ExxonMobil is reportedly seeking a buyer for its Billings, Montana refinery, which processes roughly 60,000 barrels per day, though a company spokesman has dismissed the suggestion.

C&J, Keane shareholders approve $1.8bn merger

Oilfield services firms C&J Energy Services and Keane Group have announced that the shareholders of both companies have approved their proposed all-stock merger.

Equinor contracts DNV GL for Bay du Nord infrastructure certification

Norway’s Equinor has awarded the certifying authority and classification contract for its Bay du Nord field offshore Eastern Canada to DNV GL.

ExxonMobil climate change trial continues

The State of New York’s lawsuit against ExxonMobil, alleging that the super-major knowingly misled investors about the impact of climate change on its business, has entered its second week.

Sempra, Mitsui sign MoU on LNG

Sempra Energy has entered into a memorandum of understanding with Japan’s Mitsui & Co. that covers the latter's participation in two LNG project expansions.

Shale drillers’ access to capital shrinking further

Shale drillers could encounter new challenges as borrowing base redeterminations by banks are expected to shrink the amount of capital available to them further still.

US regulators propose rules for shipping LNG by rail

The US Department of Transportation is moving ahead with a proposal to allow LNG to be shipped by rail in DOT-113 tanker wagons.

DTE buying Haynesville gathering system, pipeline

DTE Midstream, a subsidiary of DTE Energy, has agreed to buy a natural gas-gathering system and pipeline in Louisiana’s Haynesville shale play.

Carlyle Group quits proposed Texas oil export project

Private equity asset management firm the Carlyle Group has dropped out as a participant in Lone Star Ports, which is proposing to build a $1bn crude oil export terminal near Corpus Christi, Texas.

Perry to step down as US Energy Secretary

US Secretary of Energy Rick Perry will step down at the end of the year, after becoming embroiled in the impeachment inquiry being carried out into President Donald Trump's dealings with Ukraine.

Schlumberger, Halliburton report losses as shale slowdown bites

Leading oilfield services firms Schlumberger and Halliburton have both reported declines in quarterly profits, with performance taking a hit in part as a result of the slowdown in shale drilling.

Canada’s energy industry concerned by election result

Canada’s Liberal Party has narrowly held on to power, but will have to rely on the support of the NDP, and potentially the Green Party, in a result that is causing worry for the country’s energy industry.

Pieridae moves closer to building East Coast LNG terminal

Pieridae Energy has completed the purchase of assets from Shell, which secures the majority of the natural gas needed to supply the first train at its proposed Goldboro LNG terminal.

Canadian First Nations show interest in LNG

Four Canadian First Nations in north-west British Columbia have partnered in a climate change initiative that wants to buy into the country’s nascent LNG industry.

All Elba Island units to be in service by mid-2020

Kinder Morgan has said it expects all units at its Elba Island LNG export terminal – which was reported to have entered commercial service last week after several delays – are due to be operational by the first half of 2020.

Goodnight Midstream announces $500mn capital boost

Water infrastructure operator Goodnight Midstream has announced that it has closed a capital investment and an incremental commitment from private equity firm Tailwater Capital.

Indigenous coalition seeking to buy 51% stake in Trans Mountain

The Western Indigenous Pipeline Group, which represents 55 First Nations, has said that it wants to buy a 51% stake in the Trans Mountain pipeline project from the Canadian government.

BP warns of impairment charge related to shale asset sale

Super-major BP has reported that it will record an impairment charge of up to $3bn after agreeing to sell a shale gas asset for less than it was valued on the company’s books.

Norwegian pension fund pulls back from Canada’s oil sands

Norway’s largest pension fund, Kommunal Landspensjonskasse, has dropped four more Canadian energy firms from the list of companies it invests in.

Parsley buying Jagged Peak in Permian mega-merger

Parsley Energy is buying Jagged Peak Energy in a $2.3bn transaction that stands out as one of only a small handful of shale deals this year.

Chevron sets out plan to cut emissions

Chevron has set out new goals to reduce greenhouse gas (GHG) emissions from both its crude oil and natural gas operations.

Investors reportedly interested in Coastal GasLink stake

Potential investors are reportedly showing an interest in buying a stake in TC Energy’s Coastal GasLink pipeline project.

Newfoundland and Labrador boosts offshore resource assessment

The Canadian province of Newfoundland and Labrador has raised its estimate of oil and gas reserves in its waters following the latest independent assessment of its resource potential.

Kinder Morgan starts up first Elba Island unit

Elba Liquefaction, a joint venture between Kinder Morgan and EIG Global Energy Partners, has brought the first unit at its Elba Island LNG project in the US state of Georgia online.

EP Energy files for bankruptcy protection

EP Energy has filed for Chapter 11 bankruptcy protection, aiming to cut $3.3bn in debt under a proposed deal with Apollo Global Management and Elliott Management.

Occidental opens solar facility to power oil operations

Occidental Petroleum has started up a solar facility in Texas that will power an enhanced oil recovery project in the Permian Basin’s Goldsmith field.

USGS boosts Marcellus, Utica reserve estimate

The US Geological Survey has increased its estimate of recoverable reserves in the Marcellus and Utica plays, but producers appear increasingly likely to take a slower approach to tapping these volumes.

BP replaces CEO

Sempra announces potential LNG supply deal with China

Sempra Energy’s MoU with a Chinese company over potential LNG supply co-operation suggests growing optimism that an end to the US-China trade war may be coming

EnCap moves into renewables investments

Houston-based private equity firm EnCap Invesments has launched a new team that will invest in renewables projects.

Gulf Coast Express brought into service ahead of schedule

Kinder Morgan announced last week that the Gulf Coast Express gas pipeline from the Permian Basin to the Texas Gulf Coast was entering service slightly ahead of schedule, on September 25.

NextEra buying Meade Pipeline for $1.37bn

Independent power producer NextEra Energy Partners has agreed to buy Meade Pipeline, which owns a 39.2% interest in the Central Penn Line in Pennsylvania.

Alberta raises oil production limits again

The government of Alberta has once again raised provincial oil production limits, to 3.80mn barrels per day in November and 3.81mn bpd in December.

One step forward, two steps back for Enbridge

Pipeline operator Enbridge has encountered setbacks on several different fronts in recent days, but continues to push ahead with its plans.

Annova LNG pushes FERC for permit decision

Exelon-backed Annova LNG is pushing the US Federal Energy Regulatory Commission to make a decision on a permit for the company’s proposed export terminal at the Port of Brownsville, Texas.

Enterprise to expand Acadian system

Enterprise Products Partners has announced that it will expand and extend its Acadian pipeline system to boost deliveries of gas from the Haynesville shale to the Gulf Coast.

NextDecade, Enbridge partner on Rio Bravo pipeline

LNG developer NextDecade has announced that it has partnered with midstream operator Enbridge to develop the Rio Bravo pipeline project.

Occidental pushing on with asset sales following Anadarko takeover

Occidental Petroleum has started taking steps to shed non-core assets as it seeks to reduce debt after its acquisition of Anadarko Petroleum, and has said it would sell off its stake in Plains All American Pipeline.

Chevron approves waterflood project at St Malo field

Chevron has sanctioned a waterflood project aimed at boosting recovery from the St Malo field in the deepwater US Gulf of Mexico.

Energy firms dropped from Canadian equity index as industry woes continue

Eight energy companies have been removed from Canada’s main equity index, illustrating the beleaguered industry’s ongoing woes in the current economic environment.

India’s Petronet buys into Tellurian’s Driftwood LNG

Tellurian’s agreement with India’s Petronet brings the company a step closer to an FID on its Driftwood LNG project, and may be one of the largest ever LNG supply deals in US history.

IOC looks to up US oil imports

State-run Indian Oil Corp. (IOC) has said it is willing to increase crude imports from the US once export bottlenecks have been resolved.

TPI urges fossil fuel industry to face up to climate change

EVX builds largest water-gathering system in Eagle Ford

EVX Midstream Partners has “significantly completed” the first phase of its water-gathering system in the Eagle Ford shale play in Texas.

ExxonMobil reportedly in talks to sell Gulf assets to Repsol

ExxonMobil is reportedly in talks to offload some of its assets in the US Gulf of Mexico.

Cheniere, EOG strike gas agreement

Subsidiaries of Cheniere Energy have struck long-term gas supply agreements with shale producer EOG Resources to support the LNG exporter’s Corpus Christi liquefaction project.

Enbridge asks regulator not to intervene in Mainline allocation overhaul

Pipeline operator Enbridge has asked the Canada Energy Regulator not to intervene in its plan to overhaul capacity allocation on its Mainline system.

GE cuts down Baker Hughes stake

Conglomerate GE has offloaded another portion of its stake in Baker Hughes, taking its interest in the oilfield services company to below 50%.

Alberta may exempt crude-by-rail shipments from output curtailments

The Alberta government is considering allowing producers to exceed the province’s output restrictions if they are able to ship the additional barrels by rail.

Trump considers SPR release amid fallout from Saudi attack

The US is considering releasing crude from its Strategic Petroleum Reserve after an attack on oilfield facilities in Saudi Arabia took half the kingdom’s production offline.

Valero, Darling to build renewable diesel refinery in Texas

Valero Energy and Darling Ingredients said on September 9 that they are planning to build a renewable diesel refinery in Port Arthur, Texas, through their 50:50 Diamond Green Diesel joint venture.

Canadian court allows new challenges to Trans Mountain expansion

Canada’s Federal Court of Appeal has agreed to hear appeals against the approval of the Trans Mountain pipeline expansion project.

Crescent Point sells all Uinta assets, some in Saskatchewan

Crescent Point Energy has agreed to sell all of its assets in the Uinta Basin, as well as some in Saskatchewan, to several parties for a combined CAD912mn ($693mn).

Freeport LNG secures over $1bn for Train 4

Freeport LNG Development announced on September 9 that it has struck a deal with Westbourne Capital under which the latter and its co-investors will provide $1.025bn in the form of a mezzanine loan.

Permian dynamics change as new takeaway capacity comes online

New oil pipelines out of the Permian are providing relief to producers in the region in an operating environment that remains difficult, while new gas capacity is also being prepared to come online

Shell, Energy Transfer ask for extension on Lake Charles LNG

Royal Dutch Shell and Energy Transfer have asked US regulators for more time to complete the Lake Charles LNG export project.

Poland transfers US LNG to Ukraine

New warnings come over Permian challenges

A new study has said the Permian Basin will struggle with a number of issues in the near future, including the glut of associated natural gas production.

Texas storage operator plans IMO-compliant processing facility

Texas International Terminals has confirmed plans for a crude processing facility that will be compatible with International Maritime Organization low-sulphur requirements.

Plains drops plan for Cactus II surcharge

Plains All American Pipeline has dropped a proposal to impose a surcharge of $0.05 per barrel for shipments of crude on its Cactus II pipeline after the plan led to a backlash from producers.

BP exiting Alaska with sale to Hilcorp

Super-major BP has struck a deal to sell the whole of its Alaska business to privately owned Hilcorp Energy for $5.6bn.

Canadian regulator undergoes overhaul

Canada has overhauled and renamed its energy regulator under a new bill that is not popular with supporters of the oil industry.

Canadian regulator seeks comments on Enbridge’s Mainline proposal

In an early test, the newly renamed Canadian Energy Regulator has asked for comments on a change proposed by pipeline operator Enbridge to contracts on its Mainline system.

Cheniere receives approval for Corpus Christi Train 2 start-up

US LNG export pioneer Cheniere Energy has received regulatory approval this week to bring the second train into commercial service at its Corpus Christi LNG export project on the US Gulf Coast.

Alberta extends oil curtailments until end of 2020

The government of Alberta has extended its mandatory programme of curtailments on oil production in the province until the end of 2020.

Nebraska court affirms new Keystone XL route

A court in Nebraska has affirmed an alternative route through the state for the Keystone XL oil pipeline being developed by TC Energy.

PDC to expand in Wattenberg through SRC acquisition

PDC Energy has announced this week that it is buying SRC Energy in an all-stock deal worth $1.7bn, including the assumption of the latter’s $685mn of net debt.

BHP makes highest bid in Gulf lease sale

Lease Sale 253, held in New Orleans on August 21, generated nearly $159.4mn in high bids for 151 tracts.

Pembina makes oil sands bet with purchase of Kinder Morgan assets

Canada’s Pembina Pipeline has struck a deal to buy Kinder Morgan’s Canadian subsidiary and the US portion of the Cochin pipeline for a total of CAD4.35bn ($3.29bn).

Venture Global announces Calcasieu Pass FID

Venture Global’s final investment decision on its Calcasieu Pass terminal shows that the second wave of US LNG terminal construction is gaining momentum.

Motiva to buy Port Arthur chemical plant

Refiner Motiva Enterprises is buying a chemical plant in Port Arthur, Texas, from an affiliate of Flint Hills Resources.

Start-up milestones for Cameron LNG, Freeport LNG

The first liquefaction train at Sempra Energy’s Cameron LNG terminal on the US Gulf Coast has started commercial service, while Freeport LNG confirmed on the same day that it had also entered production.

Power outage results in Hibernia spill

A power outage on the Hibernia oil production platform offshore Eastern Canada occurred over the weekend of August 17-18, resulting in a spill of 2,200 litres of oil into the Atlantic Ocean.

Woodfibre LNG preparing to proceed with construction

News that construction could soon begin on Woodfibre LNG is a further sign of progress, however slow, for Canada’s nascent LNG industry.

Second-quarter results show shale struggles

The tough operating environment shale drillers find themselves in is being illustrated by a number of companies’ second-quarter results.

EPIC begins Permian crude shipments

EPIC Midstream Holdings has started crude shipments from the Permian Basin to the Texas Gulf Coast.

US regulators approve Caesar-Tonga stake sale

The US Bureau of Ocean Energy Management has approved Royal Dutch Shell’s sale of its 22.45% stake in the Caesar-Tonga oilfield in the US Gulf of Mexico to Norway’s Equinor.

Koch exits oil sands

Koch Industries has confirmed that recently sold off its upstream leases and abandoned licences in Alberta’s oil sands.

Oil shipments begin on Cactus II

Commodity trader Trafigura announced on August 12 that it has started shipping oil on the Cactus II pipeline out of the Permian Basin.

Occidental closes Anadarko acquisition

Occidental Petroleum closed its acquisition of Anadarko Petroleum last week and is now figuring out the next steps to take with the latter’s assets.

US shale bankruptcies continue for Halcon, Sanchez

Over the past week, both Halcon Resources and Sanchez Energy have separately filed for Chapter 11 bankruptcy protection.

Cheniere ups volumes, losses

Murphy reports Gulf push

US independent Murphy Oil has announced that it is proceeding with three new projects in the deepwater US Gulf of Mexico.

Occidental sells $13bn of bonds to fund Anadarko acquisition

Occidental Petroleum has sold $13bn of bonds to help finance its $38bn acquisition of Anadarko Petroleum.

Chevron’s profit up, ExxonMobil’s down in second quarter

Chevron has reported strong profits for the second quarter of 2019, while rival super-major ExxonMobil reported a year-on-year drop owing to low weaker natural gas prices and higher maintenance costs.

Plains completes Cactus II as new partners buy into project

Plains All American Pipeline has completed its Cactus II pipeline from the Permian Basin in West Texas to the Corpus Christi area on the Texas Gulf Coast.

Turkey’s Tupras reports 15% y/y decline in Q2 profit

Q2 profit significantly above market average expectation mainly thanks to hefty deferred tax gain recorded by oil refiner.

Canadian pipeline operators add capacity for more crude to reach US refiners

Pipeline operators are finding ways of sending more Canadian oil to US refiners, despite the fact that no major new pipelines are coming online, and any proposals tend to be held up by regulatory delays and litigation.

Shell approves PowerNap tieback in deepwater Gulf

Shell Offshore has made a final investment decision for the PowerNap deepwater project in the US Gulf of Mexico.

US authorises Gulf LNG exports

The US Department of Energy has approved exports from Kinder Morgan’s Gulf LNG project, which would be located in Jackson County, Mississippi.

US becomes third largest LNG exporter as first wave nears completion

The US is now the world’s third-largest LNG exporter but the US-China trade war still threatens further expansion