NorthAmOil - North America Oil & Gas
Canada’s oil sands producers form net-zero alliance
Five major Canadian producers announced this week that they were forming an alliance that will work together to achieve net-zero greenhouse gas (GHG) emissions from the country’s oil sands by 2050.
FERC approves two gas pipeline projects
The US Federal Energy Regulatory Commission (FERC) has approved two new natural gas projects, plus upgrades to existing infrastructure on a third.
Consolidation wave shows no signs of slowing
The wave of consolidation sweeping the US oil and gas industry shows no sign of slowing, with yet more new deals announced in recent days.
TC Energy officially cancels Keystone XL
Canada’s TC Energy has officially cancelled its Keystone XL oil pipeline, which was effectively killed off in January when new US President Joe Biden revoked the cross-border permit for the project.
NorthAmOil: Consolidation wave shows no signs of slowing
The wave of consolidation sweeping the US oil and gas industry shows no sign of slowing, with yet more new deals announced in recent days by shale producers.
IGU upbeat on global LNG outlook
The International Gas Union’s annual LNG report is upbeat on the outlook for global LNG, and has talked up the role the fuel will play in post-pandemic recovery and the energy transition.
Chevron CEO signals willingness to sell oil sands stake
Chevron’s CEO, Mike Wirth, has made comments suggesting that his company would consider selling its 20% stake in the Athabasca project, a Canadian oil sands mine.
Southwestern strikes $2.7bn deal to buy Indigo
Appalachian Basin-focused producer Southwestern Energy has announced that it is acquiring Indigo Natural Resources in a $2.7bn deal that will give it a position in Louisiana’s Haynesville shale gas play.
Steps forward, steps back for Alaskan oil and gas
The administration of US President Joe Biden has backed the earlier approval of ConocoPhillips’ Willow project, but has subsequently opted to suspend leases in the Arctic National Wildlife Refuge.
Tellurian announces another supply deal
US-based Tellurian has finalised two sales and purchase agreements (SPAs) with commodity traders for 3mn tonnes per year (tpy) each of LNG from its planned Driftwood LNG project on the Louisiana Gulf Coast over a 10-year period.
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