NorthAmOil - North America Oil & Gas

BP outlines Cherry Point investment plans

BP has announced that it will invest $269mn into three projects in its Cherry Point refinery in Washington State, aimed at improving the plant's efficiency, reducing its carbon dioxide emissions and increasing its renewable diesel capacity.

Ottawa invokes 1977 treaty amid Line 5 dispute

The Canadian government invoked Article Six of the 1977 Transit Pipelines Treaty on October 4 amid a dispute over Enbridge’s Line 5 pipeline with the State of Michigan.

Commodity traders reportedly face margin calls amid gas price spike

OPEC+ maintains production policy

NorthAmOil: Ottawa invokes 1977 treaty amid Line 5 dispute

The Canadian government invoked Article Six of the 1977 Transit Pipelines Treaty on October 4 amid a dispute over Enbridge’s Line 5 pipeline with the State of Michigan.

Enbridge signs RNG, hydrogen deals

Canada’s Enbridge said this week that it had signed deals on two low-carbon infrastructure partnerships, with Vanguard Renewables and Royal Dutch Shell, as it continues its push to decarbonise.

Seeking an exit

Various investors of different kinds are seeking an exit from Canada’s oil and gas industry amid improved oil and gas prices.

US sets date for next Gulf lease sale

The administration of US President Joe Biden has said it will hold an auction for drilling rights in the US Gulf of Mexico on November 17.

BP starts up Thunder Horse South Expansion Phase 2

BP announced this week that it had brought its Thunder Horse South Expansion Phase 2 project online in the US Gulf of Mexico.