NorthAmOil - North America Oil & Gas

Energy Transfer to acquire Enable Midstream

Energy Transfer has entered into an agreement to acquire Enable Midstream in an all-stock transaction valued at around $7.2bn.

Crescent Point to buy Kaybob Duvernay assets from Shell Canada

Calgary-based Crescent Point Energy has struck a deal to buy Kaybob Duvernay shale assets in Alberta from Royal Dutch Shell’s Canadian unit for CAD900mn ($707mn).

Washington draws criticism from GAO, UN for Venezuela sanctions

The US government is drawing criticism for sanctions on Venezuela and its national oil company, with US legislators, the GAO and the UN asserting that trade restrictions have intensified the South American state's humanitarian crisis.

Extreme cold causes major disruption in Texas and beyond

Below-freezing temperatures knocked 2mn bpd of US oil production offline this week and resulted in a host of other disruptions to gas supplies and power generation.

Texas grid massacre

An arctic-like and deadly deep freeze in Texas has left the grid in chaos, forcing rolling blackouts as power production plummets and residents crank up their heating and prompting conservative politicians to blame renewable energy.

Cheniere requests permission to bring Corpus Christi Train 3 online

Cheniere Energy has asked the US Federal Energy Regulatory Commission (FERC) for permission to bring the third train at the Corpus Christi LNG export terminal in Texas into service.

Another Willow setback for ConocoPhillips

A two-judge panel from the US Ninth Circuit Court of Appeals has issued an emergency order to halt winter work at ConocoPhillips' Willow site in Alaska, marking another setback at the project for the company.

NorthAmOil: Freezing US weather disrupts Texas production, refining

Below-freezing weather is disrupting both upstream and downstream operations in the US. The extreme cold is proving particularly troublesome in states such as Texas, which are unaccustomed to such weather.

Equinor suffers record 2020 losses, announces Bakken exit

Venture Global pushes forward with plans for new terminals

Venture Global LNG, which is currently building the Calcasieu Pass LNG export terminal on Louisiana’s Gulf Coast, is progressing plans to build other terminals in the region.

Chesapeake emerges from bankruptcy protection, shifts focus back to gas

Chesapeake Energy emerged from Chapter 11 bankruptcy protection this week, with a business plan that will see the company shifts its focus back to natural gas.

Pipeline battles in the spotlight

Several high-profile battles are under way to determine the fate of major oil and gas pipeline projects in the US.

Is a trade dispute brewing between the US and Mexico?

Lopez Obrador’s efforts to help CFE dominate the power sector have implications for Mexico's oil and gas industry.