NorthAmOil - North America Oil & Gas

Big Oil faces more heat in the US on climate

Just days after a senior Exxon lobbyist described efforts to undercut climate action in the US, the heat is being turned up on Big Oil. The US was the largest producer of oil globally in 2020, so the stakes are high.

NorthAmOil: EQT aims for net zero by 2025

Pittsburgh-based EQT, an independent natural gas producer and pipeline operator, intends to bring its net carbon emissions down to zero in just four years.

OPEC+ plans in disarray as meeting is cancelled

Delfin requests delay to FLNG plan

US-based Delfin LNG has asked federal energy regulators for more time, until September 2022, to bring the onshore facilities related to its proposed floating LNG (FLNG) export project off the coast of Louisiana into service.

North American pipeline players explore hydrogen

Several pipeline operators in North America have started experimenting with hydrogen in anticipation of its wider adoption in the future.

Chevron reportedly selling $1bn of conventional Permian assets

Super-major Chevron is selling two sets of conventional oil and gas assets in the Permian Basin, Reuters reported this week citing sources familiar with the matter.

ConocoPhillips cuts capex despite oil price increase

ConocoPhillips, the US' largest independent oil producer, has reduced its capital expenditure guidance for 2021 by $200mn to $5.3bn from $5.5bn previously.

Are US sanctions on Venezuela likely to be lifted any time soon?

Venezuelan President Nicolas Maduro is showing signs of willingness to make political concessions ahead of the November elections – and a determination to load the dice in his administration’s favour.