NorthAmOil - North America Oil & Gas

ConocoPhillips expands in Montney

ConocoPhillips’ $375mn purchase of Montney shale acreage comes despite the headwinds that North American shale drillers are currently experiencing.

NRG: Beyond oil

Kinder Morgan ready to start up seventh Elba Island train

US infrastructure operator Kinder Morgan has requested regulatory permission to put the seventh liquefaction train into service at the Elba Island LNG export terminal in Georgia.

Two more producers file for bankruptcy protection

Last week’s announcement that California Resources was filing for Chapter 11 bankruptcy protection was followed by news this week that Bruin E&P Partners was following suit.

Halliburton posts $1.7bn loss in warning sign for earnings season

Oilfield services firm Halliburton has reported a $1.7bn loss for the second quarter of 2020, compared with a loss of $1.0bn in the first quarter of this year and a $75mn profit during the same quarter a year ago.

US, India take steps towards oil reserve co-operation

Officials representing the US and India have signed a memorandum of understanding on co-operation relating to emergency crude reserves.

Okra Energy subsidiary to deliver LNG to Mexico’s Énestas

A subsidiary of US-based Okra Energy has announced plans to deliver LNG to a customer in Mexico.