NorthAmOil - North America Oil & Gas

Commonwealth LNG tries new approach to contracting

Commonwealth LNG is prioritising flexibility in its newly launched tender for offtake from its planned facility in Louisiana.

Halliburton sees bright spots amid fourth-quarter loss

Oilfield service provider Halliburton reported a net loss for the fourth quarter of 2020, but said that its revenue rose on a sequential basis, with its North American revenue showing the largest increase.

Keystone XL’s fate sealed as Biden takes office

New US President Joe Biden took immediate steps to cancel the Keystone XL pipeline upon taking office this week, despite operator TC Energy’s last-ditch efforts to save the pipeline.

Tellurian hopes to start Driftwood construction this summer

US LNG developer Tellurian is hoping to start construction on its proposed Driftwood LNG terminal in Louisiana this summer, even though a final investment decision (FID) has not been made on the project yet.

US rejoins global Paris Accord in bid to tackle climate crisis

President Joe Biden, sworn into office on 20 January, immediately ordered the US to rejoin the all-important global Paris climate pact. Fighting climate change is a major policy plank of the new president.

Kosmos announces Gulf discovery

Kosmos Energy announced this week that an oil discovery had been made in the US Gulf of Mexico with the Winterfell well, in which it holds a 17.5% interest.

NRG: LNG spikes, political swings and new technologies

NextDecade deal for Irish LNG supply falls through

Summit cleared to proceed with Double E construction

Summit Midstream Partners announced this week that it had been granted its notice to proceed with construction of the Double E gas pipeline in the Permian Basin by the US Federal Energy Regulatory Commission (FERC).

CAPP forecasts 14% increase in Canadian upstream investment

The Canadian Association of Petroleum Producers (CAPP) said this week that it expected investment in upstream oil and gas in the country to rise by 14% in 2021.

Enbridge battles over pipelines on two different fronts

Canada’s Enbridge has been battling over two separate issues related to its Mainline oil pipeline system and its Line 5 pipelines in the Straits of Mackinac in Michigan.

What’s next for the Venezuelan sanctions regime?

The incoming Biden administration is likely to take a softer approach to Venezuelan sanctions, but opposition leader Guaido will continue to play a role in US policy discussions .