NorthAmOil - North America Oil & Gas
US grants additional LNG export approvals to Cheniere
The US Department of Energy has authorised additional exports from Cheniere Energy’s two LNG terminals in a move that could benefit Europe.
Canada considers ways to boost crude exports
Canada is examining ways of boosting exports of crude in a bid to help supply challenges caused by countries trying to reduce their reliance on Russian oil.
Range, US Well Services agree to electric fleet extension
US Well Services (USWS), a provider of hydraulic fracturing services, said on March 14 that it had finalised a deal with Appalachian producer Range Resources to extend an existing electric fleet contract that is due to expire this year.
LNG Canada receives first major inlet facilities module
LNG Canada has announced that the first inlet facilities module has arrived at its project site in Kitimat, British Columbia.
ConocoPhillips cuts output at Alaska site on ongoing gas leak
An uncontrolled leak of natural gas at an oil production site operated by ConocoPhillips in Alaska has remained ongoing as of March 16 after being discovered on March 4.
Petroecuador’s oil trading manager says US buyers are eyeing Ecuadorean crude
Ecuador’s national oil company Petroecuador says that the US government’s decision to ban imports of Russian crude has generated new interest in Ecuadorean feedstock among US refiners and traders.
Duque says Colombia can supply oil to US
Colombian President Iván Duque met with US President Joe Biden in Washington last week to discuss energy security amid the ongoing Russian military incursion in Ukraine.
US continues to explore sanctions relief for Venezuela
In an effort to secure new supply sources and mitigate the rapid rise in oil prices, the administration of US President Joe Biden has continued to explore the possibility of easing sanctions on Venezuela.
ExxonMobil reportedly considering Bakken sale
ExxonMobil is reportedly considering a sale of its assets in North Dakota’s Bakken play.
China resells US LNG cargoes to Europe
China is reported to have resold a handful of US LNG cargoes to Europe as price trends and Russia’s war in Ukraine continue to reroute trade flows.
NorthAmOil: ExxonMobil reportedly considering Bakken sale
ExxonMobil is reportedly considering a sale of its assets in North Dakota’s Bakken play.
Russia-Ukraine conflict triggers a change in US-Venezuela relations
US sanctions on Venezuela may be on the chopping block as Washington looks for ways to make more oil available.
TC Energy offers 10% Coastal GasLink stake to indigenous groups
Canadian pipeline operator TC Energy announced on March 9 that it had signed option agreements to sell a 10% interest in the Coastal GasLink gas pipeline, which is being built to serve the LNG Canada export terminal, to indigenous communities.
Canadian maintenance plans add to supply jitters
Planned maintenance is anticipated to take roughly 5% of Canadian crude production offline this spring, adding to supply worries as crude prices hit multi-year highs.
EIA makes major upward revision to oil price outlook
The US Energy Information Administration (EIA) has made a major upward revision to its oil price forecast in its latest Short-Term Energy Outlook (STEO).
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