NorthAmOil - North America Oil & Gas
Canadian producers hit by heavy crude price collapse at Cushing
The price of Canadian heavy oil has fallen at the Cushing hub in Oklahoma as refiners have been increasingly turning their backs on heavy and higher-sulphur crude.
Shell targets Ursa restart in November
Royal Dutch Shell is reportedly hoping to bring its Ursa platform in the US Gulf of Mexico back online in the first half of November, after the facility was shut down as a result of Hurricane Ida in late August.
Hilcorp to take over operatorship of Point Thomson field
Hilcorp Energy is set to take over the operatorship of the Point Thomson field on Alaska’s North Slope from ExxonMobil, it has emerged. The super-major will remain the majority owner of the field.
Pioneer filing shows $501mn of third-quarter hedging losses
Pioneer Natural Resources lost $501mn on hedging in the third quarter of 2021, according to a securities filing.
Midstream players strike midstream mega-deals
Two major US shale midstream deals have been announced over the past week.
QatarEnergy, ExxonMobil partner to explore offshore Eastern Canada
QatarEnergy – recently renamed from Qatar Petroleum – has announced that it has signed an agreement with ExxonMobil to farm into an exploration licence offshore Newfoundland and Labrador in Eastern Canada.
Venture Global makes progress ahead of Calcasieu Pass start-up
Venture Global LNG is preparing to begin commissioning on its Calcasieu Pass liquefaction plant in Louisiana after striking three supply deals with China’s Sinopec.
Cheniere, Glencore strike long-term LNG supply deal
Cheniere Energy has struck a long-term deal to supply LNG to commodity trading and mining firm Glencore.
NorthAmOil: QatarEnergy, ExxonMobil partner to explore offshore Eastern Canada
QatarEnergy – recently renamed from Qatar Petroleum – has announced that it has signed an agreement with ExxonMobil to farm into an exploration licence offshore Newfoundland and Labrador in Eastern Canada.
ConocoPhillips, Biden administration miss deadline for Willow appeal
ConocoPhillips and the administration of US President Joe Biden have both missed a deadline for appealing against a court ruling that threatens to stall the US company’s development of the Willow project in Alaska for several years.
Canada’s oil industry under new environmental pressure
Calls for Canada’s oil and gas industry to take a more aggressive approach to decarbonisation are intensifying on several fronts.
ExxonMobil to boost CCS capacity at Wyoming’s LaBarge
ExxonMobil announced this week that it was taking steps to expand carbon capture and storage (CCS) capacity at its LaBarge natural gas field in Wyoming.
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