NorthAmOil - North America Oil & Gas
Concerns voiced on viability of US-China deal’s energy trade targets
The US and China have signed a preliminary trade deal, amid concern that the energy purchase commitments set out in the agreement could be too ambitious.
Trump administration’s LNG-by-rail plans run into opposition
A proposal by the government of US President Donald Trump to allow transportation of LNG by rail is encountering opposition at the state level.
Texas regulators processing drilling permits in record time
Staff at the Railroad Commission of Texas – the agency that regulates oil and gas activity in the state – have set a historic record of taking just two days on average to process standard drilling permits in both 2018 and 2019.
EIA raises oil price forecast
The US Energy Information Administration has raised its 2020 forecasts for both Brent and West Texas Intermediate.
Cenovus sets 30% GHG reduction target for 2030
Canada’s Cenovus Energy has set a target of reducing its per-barrel greenhouse gas (GHG) emissions by 30% by the end of 2030.
Bad news, good news for Canadian producers
There are concerns that differentials between Western Canadian crude prices and WTI could blow out again, but news that TC Energy is restarting pre-construction work on Keystone XL comes as a positive development for regional producers.
Crude exports out of Corpus Christi hit record high
An infrastructure build-out is helping to push crude exports from Corpus Christi on the Texas Gulf Coast to new record highs.
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