NorthAmOil - North America Oil & Gas
Brookfield appears to have won Inter Pipeline bidding war
Inter Pipeline has changed course to say it now favours the bid for it put forward by Brookfield Infrastructure Partners, causing Pembina Pipeline to abandon a previously agreed takeover.
China denies launching cyberattacks on US gas pipelines
The Chinese government has rejected US claims that it was behind multiple cyberattacks targeting US natural gas infrastructure dating back a decade.
Lime Rock buying $508mn worth of Delaware Basin assets
Lime Rock Resources announced this week that it had agreed to acquire producing oil and gas properties in the Permian Basin’s Delaware sub-basin for $508.3mn from an unnamed private seller.
Port Arthur LNG plans suffer another blow with PGNiG moves
Poland’s PGNiG has terminated a sale and purchase agreement with US-based Sempra Energy for LNG that would have been supplied from the proposed Port Arthur LNG project.
Shell announces new Gulf FID with Whale
A Royal Dutch Shell subsidiary announced this week that it had made a final investment decision on the Whale project in the US Gulf of Mexico.
NorthAmOil: Shell announces Whale FID
A Royal Dutch Shell subsidiary announced this week that it had made a final investment decision on the Whale project in the US Gulf of Mexico.
US legislators urge Biden to examine Mexican energy policy
Twenty US legislators have urged President Joe Biden to take a closer look at the Mexican government’s approach to competition in the energy sector in light of the challenges faced by US companies working in Mexico.
Kinder Morgan to buy Kinetrex for $310mn
Pipeline operator Kinder Morgan announced last week that it had struck a deal to buy Kinetrex Energy from an affiliate of Parallel49 Equity for $310mn.
New data show strength of US crude exports
Data from the US Energy Information Administration (EIA) and the Port of Corpus Christi illustrate the resilience of the country’s crude oil exports in the face of the ongoing coronavirus (COVID-19) pandemic.
Halliburton beats expectations with second-quarter results
Oilfield services firm Halliburton reported this week that it had achieved net income of $227mn, or $0.26 per share, in the second quarter of 2021.
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