NorthAmOil - North America Oil & Gas
Cheniere produces LNG at Sabine Pass Train 6, strikes another offtake deal
Cheniere Energy has produced its first LNG at Train 6 of its Sabine Pass liquefaction terminal on the Louisiana Gulf Coast, and, separately, has also struck a long-term supply deal with Chinese natural gas distribution company Foran Energy Group.
NextDecade applies to build CCS facility at Rio Grande LNG
US LNG developer NextDecade has applied to the US Federal Energy Regulatory Commission to incorporate a carbon capture and storage system into its proposed Rio Grande LNG project in Brownsville, Texas.
US, Canada, Mexico talk up joint methane strategy plans
The first trilateral North American summit in five years ends with a pledge from Biden, Trudeau and Lopez Obrador to establish a North American strategy for methane and carbon emissions.
LNG trade booms ahead of winter
The global LNG trade is booming ahead of the Northern Hemisphere winter, with Asia’s leading buyers ramping up deliveries, in competition with Europe.
US confirms co-ordinated SPR release
The US has teamed up with China, India, South Korea, Japan and the UK to co-ordinate releases from their strategic petroleum reserves.
NorthAmOil: US confirms co-ordinated SPR release
The US announced this week that it would release 50mn barrels of crude from its strategic petroleum reserve (SPR). The move will be co-ordinated with China, India, South Korea, Japan and the UK in a bid to provide relief from high oil prices.
ConocoPhillips not deterred by legal challenges to Alaska’s Willow project
ConocoPhillips is pushing ahead with its Willow project on Alaska North Slope, undeterred by recent legal challenges.
Northern to buy Permian assets from Veritas for $406.5mn
Northern Oil and Gas has agreed to buy substantially all of the non-operated Permian Basin properties owned by affiliates of Veritas Energy in its largest acquisition to date.
Flooding disrupts Western Canadian pipelines
Heavy rain and flooding disrupted oil and gas pipeline operations in Western Canada this week.
Double E pipeline enters service
Summit Midstream Partners announced on November 18 that its Double E natural gas pipeline, which serves the Permian Basin, had entered service.
US seeks Asian allies for SPR strategy
The US wants to co-ordinate with major Asian crude buyers to oversee the release of strategic reserves in order to bring prices down.
Gulf lease sale attracts $192mn in high bids
The federal US Gulf of Mexico lease sale held this week attracted $191.7mn in high bids for 308 blocks. It was the most active lease sale since 2014 in terms of the number of leases sold, and the amount raised was the highest since 2019.
Follow us online