NorthAmOil - North America Oil & Gas

Freeport LNG announces CCS plan amid news of stake sale

Freeport LNG Development is partnering with Talos Energy to jointly develop a carbon capture and storage facility to serve its liquefaction terminal on the Texas Gulf Coast. The announcement comes as a 25.7% stake in Freeport changes hands.

Details disclosed of Cheniere’s LNG supply deal with France’s Engie

US LNG producer Cheniere Energy is reported to have struck a deal to supply the fuel to France’s Engie earlier this year.

NorthAmOil: Freeport LNG announces CCS plan amid news of stake sale

Freeport LNG Development has partnered with Talos Energy to jointly develop a carbon capture and storage (CCS) facility to serve the Freeport liquefaction terminal. Meanwhile, Global Infrastructure Partners (GIP) is selling its stake in the plant.

IGU calls for more support for renewable gases

Biden, Trudeau outline climate positions at COP26

The leaders of the US and Canada have sought to position themselves as taking a tough line on decarbonisation at the COP26 summit.

CNRL to acquire Storm Resources for $762mn

Canadian Natural Resources Ltd (CNRL) has struck a deal to acquire Montney shale gas producer Storm Resources for CAD960mn ($762mn).

RIL exits Eagle Ford with sale to Ensign

India’s Reliance Industries Ltd (RIL) is exiting the US shale industry via a sale of its assets in the Eagle Ford play in Texas to Ensign Natural Resources.