NorthAmOil - North America Oil & Gas
Kenney dismisses idea of abandoning oil
Alberta Premier Jason Kenney has said it would be impossible for countries such as Canada to abandon fossil fuels.
US LNG players flag up current trends
US LNG producers discussed various gas market trends that are driving their plans during their second-quarter earnings calls recently.
Chesapeake returns to acquisitions with Vine deal
Chesapeake Energy announced this week that it had struck a deal to buy Haynesville shale player Vine Energy in a zero premium transaction valued at around $2.2bn.
ExxonMobil weighs net zero pledge, launches shale sale
Super-major ExxonMobil is reportedly considering making a pledge to pursue net zero greenhouse gas (GHG) emissions. This comes as the company finds itself under growing pressure from investors over its stance on decarbonisation.
House Democrats seek more clean energy spending
The US Senate has passed a bipartisan infrastructure bill with electricity grid spending – and already House Democrats are lining up to push for more clean energy spending as the legislation continues to wend its way through Congress
NRG NorthAmOil: ExxonMobil weighs net zero pledge
Super-major ExxonMobil is reportedly considering making a pledge to pursue net zero greenhouse gas (GHG) emissions. This comes as the company finds itself under growing pressure from investors over its stance on decarbonisation.
BHP approves capex spending for Trion, Shenzi North projects
Australia’s BHP has approved plans to spend more than $800mn on work at two fields in the Gulf of Mexico, Trion and Shenzi North.
Profits roll in for shale drillers
Shale drillers are reporting their results for the second quarter of 2020, and profits are piling up. This comes as a result of stronger oil demand and prices, thereby helping to lift profits.
Super-majors beat profit expectations
US-headquartered super-majors Chevron and ExxonMobil both beat analyst expectations with their latest quarterly results.
Oil sands giants report second-quarter profits
Canada’s leading four oil sands producers have posted profits for the second quarter of 2021, marking a turnaround from losses a year ago.
HollyFrontier to buy Sinclair Oil, Sinclair Transportation in $2.6bn deal
Refiner HollyFrontier announced this week that it had agreed to acquire fellow Rocky Mountain region refiner Sinclair Oil from the Sinclair Cos.
Callon acquiring Primexx in Delaware Basin boost
Callon Petroleum announced this week that it had agreed to acquire all of the leasehold interests and associated oil, gas and infrastructure assets of Primexx Energy Partners and its affiliates for $788mn.
Court orders further regulatory analysis on two Texas LNG projects
The US Circuit Court of Appeals for the DC Circuit ruled this week that the environmental analyses supporting regulatory approvals for two proposed Texas-based LNG export projects were deficient.
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