NorthAmOil - North America Oil & Gas
Northern Oil and Gas bulks up in Permian
Northern Oil and Gas announced this week that it had entered into three definitive agreements to acquire non-operated interests across roughly 2,900 net acres (12 square km) in New Mexico’s portion of the Permian Basin.
Pembina, TC Energy partner on Alberta carbon transportation and sequestration system
Canadian midstream firms Pembina Pipeline and TC Energy announced this week that they were joining forces to develop a carbon transportation and sequestration project in Alberta.
Tourmaline continues Montney consolidation with Black Swan acquisition
Canada’s Tourmaline Oil announced last week that it had struck a deal to acquire privately owned Black Swan Energy for CAD1.1bn ($897mn).
Judge blocks Biden’s oil and gas leasing moratorium
A federal judge has blocked US President Joe Biden’s moratorium on new oil and gas leasing on federal land and in federal waters.
Minnesota court upholds Line 3 replacement permit
The Minnesota Court of Appeals upheld this week a state regulator's approval for Enbridge’s Line 3 oil pipeline replacement project, in a decision that eliminates a potential delay for the pipeline.
Shell reportedly weighing Permian sale
Royal Dutch Shell is reportedly weighing a sale of some or all of its assets in the US’ Permian Basin.
Biden mulling relief for US oil refiners from biofuel quotas
President Joe Biden’s administration is considering giving oil refiners more relief from biofuel mandates, said anonymous sources quoted by Reuters in an exclusive.
NorthAmOil: Shell reportedly weighing Permian sale
Royal Dutch Shell is reportedly weighing a sale of some or all of its assets in the US’ Permian Basin.
Clean LNG initiatives accelerate
New initiatives related to clean LNG and decarbonisation appear to be accelerating, with more developments announced in recent days.
Occidental agrees to sell non-core Permian assets for $508mn
Occidental Petroleum announced this week that it has agreed to sell certain non-strategic assets in the Permian Basin to an affiliate of Colgate Energy Partners III for $508mn.
Takeover battle for Inter Pipeline heats up
A battle to take over Canada’s Inter Pipeline has escalated between Pembina Pipeline and Brookfield Infrastructure Partners.
Enbridge to sell Noverco stake for $943mn
Canada’s Enbridge announced on June 7 that one of its subsidiaries had struck a deal to sell its 38.9% non-operating interest in Noverco, a Montreal-based natural gas distributor, to majority owner Trencap.
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