NorthAmOil - North America Oil & Gas
US lawmakers made a last ditch effort to kill off Russia’s recently completed Nord Stream 2 gas pipeline, which is now completed but not yet in operation.
Downstream player Phillips 66 may be forced to idle a refinery in Louisiana as a result of severe damage from Hurricane Ida, which hit the state at the end of August.
The first train at the Golden Pass LNG terminal, which is under construction in Texas, is scheduled to enter service in 2024.
Two separate announcements have come from ExxonMobil and Seneca Resources since the start of this month on the companies’ efforts to certify their natural gas production from some of their respective assets.
Blackstone-backed Haynesville shale gas producer GeoSouthern is reportedly exploring options that include a sale of its acreage for $2bn.
Suncor Energy has announced two separate moves relating to the Terra Nova and West White Rose projects, bolstering the prospects for Eastern Canadian offshore production.
Canada’s Enbridge announced this week that it had struck a deal with private equity firm EnCap Flatrock Midstream to acquire Moda Midstream Operating for $3.0bn in cash, giving it ownership of the largest crude export terminal in North America.
US LNG producer Cheniere Energy said this week that its board of directors has approved a long-term capital allocation plan.
Super-major Chevron is seeking a sale of its assets in the Eagle Ford shale play in Texas, as part of efforts to regularly review its portfolio.