NorthAmOil - North America Oil & Gas
Hackers reported to have targeted US LNG industry in February
Hackers are reported to have gained access to computers belonging to current and former employees of major US natural gas suppliers and exporters in mid-February.
Icahn disposes of Occidental stake, while Berkshire Hathaway boosts ownership
Activist investor Carl Icahn has sold off the remainder of his stake in Occidental Petroleum – which once amounted to 10% of the company but had been whittled down recently.
Venture Global expands supply partnership with Shell
Venture Global LNG announced on March 7 that it had struck a new long-term sales and purchase agreement with Shell for offtake from its proposed Plaquemines liquefaction terminal on Louisiana’s Gulf Coast.
Whiting, Oasis to combine in $6bn merger
US shale players Whiting Petroleum and Oasis Petroleum announced on March 7 that they had agreed to combine in a what they described as a merger of equals.
US bans imports of Russian oil and gas
US President Joe Biden announced on March 8 that his country was banning imports of Russian oil and gas, as well as coal.
NorthAmOil: US bans imports of Russian oil and gas
US President Joe Biden announced on March 8 that his country was banning imports of Russian oil and gas, as well as coal.
Pembina, KKR to combine Canadian gas-processing assets, make acquisition
Pembina Pipeline announced on March 1 that it had struck a deal with KKR to combine their respective Western Canadian natural gas-processing assets into a new joint venture.
Canada bans Russian oil in response to Ukraine invasion
Canada announced on February 28 that it would ban imports of Russian oil in response to Moscow’s decision to invade Ukraine. It is the first G7 country to impose an embargo on Russian oil.
Continental to invest in carbon capture project
Continental Resources is investing in a carbon capture and storage (CCS) project via a partnership with Summit Carbon Solutions.
PDC to buy Great Western for $1.3bn
PDC Energy announced on February 28 that it had struck a deal to buy Great Western Petroleum for $1.3bn, including net debt of around $500mn.
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