NorthAmOil - North America Oil & Gas

US senator Jim Inhofe accuses Russia, Saudi Arabia of manipulating oil prices, calls for punishment and tariffs on imported oil

UPDATED: Oil prices fall to less than zero for the first time in history

Oil prices fell to less than zero for the first time in history as producers ran out of places to store crude on April 20.

LNG market bracing for inevitable shut-ins

LNG shut-ins are thought to be looming, and some regions where the fuel is produced are more vulnerable than others.

Texas approves Annova LNG project

The Texas Commission on Environmental Quality (TCEQ) has issued a state permit to the proposed Annova LNG project at the Port of Brownsville, in South Texas.

Devon amends agreement for sale of Barnett assets

US independent producer Devon Energy announced this week that it has amended an agreement it originally struck in December 2019 to sell its assets in the comparatively mature Barnett shale to Thai-backed Banpu Kalnin Ventures (BKV).