NorthAmOil - North America Oil & Gas

Progress in US-China LNG trade as first new deal is unveiled

China’s Foran Energy Group has agreed to buy 26 cargoes from US LNG exporter Cheniere Energy in a move that signals improving trade relations between the two countries.

EIA: Value of US petroleum exports to Mexico approached record high in 2019

US producers exported almost $34bn worth of crude oil, petroleum products and natural gas to Mexico last year, slightly lower than the record high registered in 2018, according to Census Bureau data cited by the US Energy Information Administration.

ICE signs MoU to consider using Murban futures for US crude sales to Asia

The Intercontinental Exchange (ICE) has signed a memorandum of understanding with Chevron, Occidental Petroleum and Trafigura on using the upcoming Murban futures contract to price US crude oil being sent to Asia.

NRG: COVID-19 vaccine lifts hopes

Uncertainty for oil and gas as US awaits election result

Democrat Joe Biden was narrowly in the lead as of November 5, but the outcome of the US presidential election remained uncertain