NorthAmOil - North America Oil & Gas

Pace of US LNG cargo cancellations slows

LNG buyers are continuing to cancel cargoes of the super-chilled fuel that are scheduled for loading from the US, but the pace of these cancellations is reported to be slowing.

FERC approves Williams’ Leidy South pipeline

Gas infrastructure company Williams has received approval from the US Federal Energy Regulatory Commission to proceed with its Leidy South pipeline expansion project.

Hibernia production shut down after fluid spill

Output at the Hibernia oil platform offshore Newfoundland and Labrador in Eastern Canada has been temporarily shut down following a spill of drilling and production fluids on July 19.

Chevron to buy Noble in first major post-crash deal

Chevron has agreed to buy Noble Energy for $5bn in stock in the first major deal of the current oil downturn, but whether this ushers in a new wave of consolidation remains uncertain.

NRG: A global mixed bag

The global pandemic is beginning to sort the weak from the strong, with some oil and gas projects receiving continued support despite the downturn while others are being labelled “wait and see”

Pompeo paves way for more sanctions against Nord Stream 2

Cryopeak signs BC bunkering MoU

British Columbia-based Cryopeak LNG Solutions announced this week that it had signed a memorandum of understanding with marine bulk fuels transporter Island Tug & Barge to provide LNG bunkering services in the Canadian province.

Mountaineer Xpress returns to service, boosting US gas production

US natural gas production was reported to have risen slightly in the days after TC Energy’s Mountaineer Xpress pipeline was returned to service in West Virginia following unplanned maintenance.

Gulf Coast refiners making manoeuvres amid COVID-19 outbreaks

Refiners on the US Gulf Coast are trying to maintain operations and make various moves while battling coronavirus (COVID-19) outbreaks and delays related to the pandemic.

Diamondback scales back 2020 output forecast

Shale driller Diamondback Energy has scaled back its production forecast for 2020, citing higher-than-expected curtailed volumes in the second quarter of the year, and volatile crude prices.

Gas flows to US LNG terminals fall to new lows

Natural gas flows to US liquefaction terminals fell to new lows in July, having already registered a 20-month low in June.