NorthAmOil - North America Oil & Gas
Cameron LNG enters full commercial operations with Train 3 start-up
Sempra Energy announced on August 10 that its Cameron LNG export terminal in Hackberry, Louisiana had entered full commercial service with the start-up of the third liquefaction train.
Occidental decides against selling Algerian assets
Occidental Petroleum (US) has decided against selling the Hassi Berkine natural gas field and other assets in Algeria, the head of the company told analysts in a conference call earlier this week.
CNRL to acquire debt-laden Painted Pony
Canadian Natural Resources Ltd (CNRL) announced this week that it had agreed to acquire Painted Pony Energy for CAD461mn ($347mn) including debt.
NRG: Bad news, good news
Amid bad news including the explosion in Lebanon and concerns about security at storage facilities in Libya, progress is being made elsewhere, with a licensing round launched in Somalia and a major acquisition announced in Canada.
Cheniere’s earnings top estimates as LNG exports pick up
Leading US LNG producer Cheniere Energy’s second-quarter earnings beat analyst expectations, with the results coming out as the country’s LNG exports are forecast to rise for the first time in six months.
Second-quarter losses pile up
The earnings season is in full swing, and North American oil and gas producers across the board are reporting second-quarter losses as expected, with majors not immune to the trend.
Range to exit Louisiana with sale to Castleton
Shale gas driller Range Resources has struck a deal to sell its Terryville gas assets in Northern Louisiana to Castleton Resources – a joint venture between Castleton Commodities International and Tokyo Gas – for $245mn.
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