NorthAmOil - North America Oil & Gas
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.
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.
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.
Several pipeline operators in North America have started experimenting with hydrogen in anticipation of its wider adoption in the future.
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, the US' largest independent oil producer, has reduced its capital expenditure guidance for 2021 by $200mn to $5.3bn from $5.5bn previously.
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.