NorthAmOil - North America Oil & Gas

US slaps broader sanctions on Russia's Nord Stream 2 gas pipeline

NRG: Challenges ahead

Certain developments in recent days illustrate the scale of ongoing challenges for the oil and gas industry, but various players are forging ahead undeterred.

IEA dismisses near-term peak in oil demand, sees firm outlook for gas

Unplanned outages plague LNG plants

A handful of liquefaction terminals around the world are dealing with unplanned outages.

ConocoPhillips reportedly in talks to take over Concho

According to a Bloomberg report, ConocoPhillips is in talks to acquire shale producer Concho Resources, with a deal potentially coming in the next few weeks.

Diamondback’s third-quarter update shows output bottoming

Diamondback Energy released an operational update on its third-quarter performance this week. The results show that the company’s production fell slightly on the previous quarter to 287,300 barrels of oil equivalent per day.

Some construction allowed to resume on Mountain Valley pipeline

The US Federal Energy Regulatory Commission (FERC) has given Equitrans Midstream permission to resume some construction on the Mountain Valley pipeline from Virginia to West Virginia.

US oil and gas operations recover from latest hurricane-related outages

Oil and gas production was coming back online in the US Gulf of Mexico this week following the latest weather-related disruptions, this time caused by Hurricane Delta.

Recovery remains elusive for Alberta

Alberta’s oil output remains below what it was prior to the COVID-19 pandemic and the path forward looks increasingly challenging for the province’s producers.