NorthAmOil - North America Oil & Gas

ExxonMobil cuts capex amid $17-20bn write-down

ExxonMobil unveiled reduced capital expenditure plans for the coming years this week, as it warned of write-downs worth $17-20bn on assets across the Americas in its fourth-quarter earnings.

Sempra to combine US, Mexican LNG subsidiaries

California-based Sempra Energy has announced this week that it is simplifying its energy infrastructure business – a plan that entails combining its two LNG subsidiaries into a single unit.

Pioneer sets emissions reduction targets

Pioneer Natural Resources, one of the US’ largest independent shale producers, has unveiled new targets for reducing its greenhouse gas (GHG) emissions.

Shale producers pivot towards gas

Certain major US shale producers are sharpening their focus on natural gas production on a stronger outlook for gas prices while the country’s oil industry remains under greater pressure.

Tellurian withdraws application for Permian gas pipeline

LNG developer Tellurian has asked US federal energy regulators to withdraw its application to build the Permian Global Access gas pipeline, which would connect to its proposed Driftwood LNG terminal in Louisiana.

NRG: While OPEC meets, life goes on

OPEC rift delays talks with partners

Enbridge begins work on another solar-powered compressor station

Enbridge announced last week that it had broken ground on the Heidlersburg solar project – the company’s second solar facility that will be built to supply part of the power needs for a compressor station serving one of its pipelines.

Shell reportedly ready to begin Louisiana refinery shutdown

Royal Dutch Shell may begin the permanent shutdown of its refinery in Convent, Louisiana next week, according to sources familiar with the plant’s operations that were cited by Reuters.

Chesapeake, Williams resolve midstream contract dispute

Pipeline operator Williams said this week that it had reached a resolution with Chesapeake Energy, which is currently in Chapter 11 bankruptcy protection.

Suncor to assume Syncrude operatorship by end of 2021

Canada’s Suncor Energy has said it will become the operator of the Syncrude Canada joint venture by the end of 2021.