NorthAmOil - North America Oil & Gas

ConocoPhillips’ Willow project in Alaska on path to approval

ConocoPhillips’ proposed Willow project, on Alaska’s North Slope, is set for federal approval after the US Bureau of Land Management published its final environmental review of the plan last week.

Chevron’s latest moves illustrate diversification push

Chevron is engaging more in renewables and nuclear power at the same time as it continues to pursue new oil and gas opportunities around the world.

China ramps up US crude purchases

China is stepping up its purchases of US oil ahead of a preliminary trade deal between the two countries coming up for review.

NRG: All the news at your fingertip

Chevron eyes Nassiriya deal as it continues spending

Small-scale LNG touted as solution to Permian’s flaring problem

A handful of players are touting small-scale LNG as a solution to the flaring of associated natural gas production in the US' Permian Basin, and recent policy developments may help to spur this approach.

Tellurian reduces cost of Driftwood Phase 1 by 30%

US-based Tellurian has amended the plan for the first phase of its proposed Driftwood LNG project, with the changes allowing the company to reduce the capital cost of Phase 1 by around 30%.

Occidental hit by $8.4bn loss

Occidental Petroleum has reported a net loss of $8.4bn for the second quarter of 2020, joining a handful of super-majors in writing down the value of its oil and gas properties by billions of dollars.

EOG joins ranks of shale producers to report second-quarter loss

EOG Resources has joined the growing ranks of shale producers to report a loss for the second quarter of 2020. The company swung to a net loss of $909mn, from a net profit of $848mn in the second quarter of 2019.

US Army Corps of Engineers given deadline to identify next steps for Dakota Access

A federal judge has given the US Army Corps of Engineers until the end of August to detail the options for how to proceed with the Dakota Access pipeline after it lost a permit to operate.

Canada preps for hydrogen push

Canada is in the process of developing a national hydrogen strategy, and as with oil, Alberta hopes to lead the way.