NorthAmOil - North America Oil & Gas

15 October 2020

Options for Permian Basin gas

14 October 2020

The Permian Basin is set to experience a net decline in production this year and does not need as much pipeline capacity as anticipated, but it is exporting more gas to Mexico and deliveries may continue to increase.

NextDecade targets carbon neutrality at proposed Rio Grande LNG project

14 October 2020

Houston-based NextDecade announced last week that it would be targeting carbon neutrality at its proposed Rio Grande LNG project in Brownsville, Texas.

NRG: Countervailing forces

13 October 2020

Oil prices and energy demand are under pressure on both sides from storms, COVID-19 outbreaks and climate concerns.

Cameron LNG re-opens only to shut again ahead of Hurricane Delta

8 October 2020

An LNG cargo was shipped from Sempra Energy’s Cameron LNG terminal in Louisiana on October 5, the first since it was shut down in response to Hurricane Laura. However, the terminal is now being shut again ahead of Hurricane Delta.

Pioneer cuts more jobs

8 October 2020

Pioneer Natural Resources, a leading Permian Basin-focused shale driller, has reportedly laid off 300 more people this week.

Chevron edges ahead of ExxonMobil to become largest US oil company

8 October 2020

Chevron has overtaken ExxonMobil to become the US’ largest oil and gas company by market capitalisation. Chevron was valued at $142bn on October 7, edging ahead of ExxonMobil at $141.6bn.

Deals close as US industry consolidation gains momentum

8 October 2020

The closing of Chevron’s acquisition of Noble Energy comes as M&A activity in the US energy industry appears to be picking up.