NorthAmOil - North America Oil & Gas
Alberta Petroleum Marketing Commission loses $1.4bn on Sturgeon refinery
The Alberta Petroleum Marketing Commission has disclosed that it lost CAD1.88bn ($1.43bn) in 2019 on the Sturgeon refinery, which suffered from delays and cost overruns.
Permian drillers scramble for federal permits ahead of election
Permitting on federal land in the Permian Basin has spiked ahead of the US presidential election, on concerns that Joe Biden would restrict new drilling on such land.
NRG: A sense of uncertainty
World oil markets have regained some ground, but the industry continues to experience conflict on a number of fronts.
Dramatic fall reported in Canadian oil and gas spending
Statistics Canada announced last week that capital expenditure by the country’s oil and gas industry had fallen 54% sequentially in the second quarter of 2020.
PetroChina, Ovintiv terminate Duvernay joint venture
State-run PetroChina and independent Ovintiv have terminated their eight-year old joint venture that operates assets in the liquid-rich Duvernay shale gas play in Alberta Province.
Energy sector job cuts loom in North America and beyond
A number of oil and gas companies have warned of looming job cuts in North America, as well as elsewhere in the world.
Schlumberger offloading fracking business to Liberty
Oilfield services giant Schlumberger has agreed to offload its North American hydraulic fracturing business to Liberty Oilfield Services.
US LNG exports bouncing back after Hurricane Laura disruptions
US LNG exports are expected to rebound fairly promptly after Hurricane Laura – which passed through the Gulf of Mexico and made landfall in Louisiana – disrupted operations at major export terminals last week. But some obstacles remain.
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