NorthAmOil - North America Oil & Gas

OFAC extends licence barring seizure of Citgo shares

The Office of Foreign Assets Control (OFAC), a division of the US Treasury Department, has extended the term of a licence that bars the seizure of shares in Citgo.

CFE, WhiteWater Midstream spar over three gas contracts

Mexico’s national power provider has been sparring publicly with Whitewater Midstream, a US-based natural gas trader and pipeline operator, over three contracts signed in 2016 and 2017.

Speculation emerges about oil sands sales

A new report has suggested that billions of dollars’ worth of oil sands assets could come up for sale as super-majors pivot to renewables.

First Nation, partners propose Canadian LNG project

The Nisga'a Nation, a First Nation in the Canadian province of British Columbia, has unveiled a proposal for the Ksi Lisims LNG project, alongside its partners Western LNG and Rockies LNG Partners.

Cheniere’s expansion plan boosted by Tourmaline deal

Cheniere Energy’s supply deal with Tourmaline Oil takes the LNG producer a step closer to sanctioning its Corpus Christi Stage III expansion project.

Greenland ends oil and gas search

US and Germany strike deal on Nord Stream 2 pipeline

Dismay in Ukraine as agreement allows controversial gas pipeline to be completed without further US sanctions.

NorthAmOil: Cheniere’s expansion plan boosted by Tourmaline deal

US LNG exporter Cheniere Energy has struck a 15-year supply deal with Tourmaline Oil, which is aimed at supporting a proposed expansion of Cheniere’s Corpus Christi LNG export terminal in Texas.

ExxonMobil signs up to Scottish CCS project

Cartel compromise: OPEC+ members reach agreement

WildFire to acquire Hawkwood in Eagle Ford deal

Private equity-backed WildFire Energy I announced this week that it had struck a deal to acquire Hawkwood Energy for roughly $650mn.

Plains, Oryx partner in Permian

Plains All American Pipeline and Oryx Midstream announced this week that they had agreed to merge their operations in the prolific Permian Basin into a new joint venture.

Penn Virginia to acquire Lonestar for $370mn

Penn Virginia announced this week that it had agreed to acquire Lonestar Resources US for $370mn in an all-stock transaction in Texas’ Eagle Ford shale play.