NorthAmOil - North America Oil & Gas
Far more energy infrastructure needed to reach net-zero emissions in 2050
The US Senate may be close to debating a $550bn infrastructure bill that includes money set aside for the grid, but far more will likely have to be invested to achieve President Joe Biden’s goal of net-zero greenhouse gas emissions by 2050.
Tellurian’s latest offtake deal almost covers Driftwood LNG first phase
US LNG developer Tellurian announced last week that it had signed a sales and purchase agreement (SPA) with Royal Dutch Shell for offtake from its planned Driftwood LNG export terminal in Louisiana.
NorthAmOil: Oil prices boost second-quarter performances
Oil and gas companies across North America are reporting improved performances for the second quarter of 2021 thanks to stronger crude and natural gas prices.
Schlumberger’s second-quarter beats expectations
Schlumberger, the world’s largest oilfield services company, exceeded analyst expectations with its results for the second quarter of 2021.
TC Energy profits from demand recovery
Canada’s TC Energy posted a net profit of CAD982mn ($790mn), or CAD1.00 ($0.80) per common share, for the second quarter of 2020.
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