NorthAmOil - North America Oil & Gas
Halliburton, Baker Hughes express cautious optimism following first-quarter results
Oilfield services firms Halliburton and Baker Hughes have reported their first-quarter results this week, and comments from the companies’ executives illustrate a cautious optimism that is tempered by short-term warnings.
BP aims to eliminate onshore US flaring by 2025
BP has unveiled a new target to phase out routine flaring of associated natural gas across its onshore US operations – primarily in the prolific Permian Basin – by 2025.
ExxonMobil proposes giant carbon storage project
Super-major ExxonMobil has proposed a giant carbon storage project for the US Gulf Coast. However, the plan is a costly one, that would require $100bn or more from companies and government agencies.
NextDecade advances clean LNG plans
It has been another busy week for US-based LNG developer NextDecade, which announced two separate partnerships in recent days that are geared towards bolstering Rio Grande LNG’s green credentials.
NorthAmOil: Permian Basin developments make headlines
Various developments have emerged from the prolific Permian Basin in recent days, illustrating the region’s ongoing dominance of the US oil and gas industry.
Enbridge, TC Energy upgrading gas pipelines
Canadian pipeline giants Enbridge and TC Energy are both in the process of upgrading their gas pipeline networks.
Biden seeks to reshape US energy landscape
US President Joe Biden’s recently unveiled infrastructure plan seeks to make sweeping changes to the country’s energy industry.
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