NorthAmOil - North America Oil & Gas
Construction preparations are moving ahead for the Woodfibre LNG project in Squamish, British Columbia. Woodfibre LNG has issued a notice to proceed to contractor McDermott International, covering site preparation for the project.
The administration of US President Joe Biden announced on April 15 that it was restarting oil and gas leasing on federal land.
China’s CNOOC is reportedly preparing to exit its operations across the US, Canada and the UK on fears that its assets could become subject to sanctions
The US Energy Information Administration is projecting that US natural gas production will average 97.41bn cubic feet (2.76bn cubic metres) per day in 2022, marking an upward revision of its previous projections.
Canada’s leading banks more than doubled their financing of oil sands operations in 2021 to $16.8bn.
LNG player Excelerate Energy launched the US’ largest initial public offering (IPO) since January this week, with its listing priced at the top of a marketed range to raise $384mn.
Murphy Oil has achieved first oil at the Khaleesi, Mormont and Samurai field development project in the deepwater US Gulf of Mexico.
Delek Logistics is expanding its midstream presence in the Delaware Basin in New Mexico – part of the prolific Permian Basin – with the acquisition of 3Bear Energy for $624.7mn.
ConocoPhillips is reportedly seeking to sell some of its Eagle Ford shale assets in Texas.
RimRock Oil & Gas has reportedly been put up for sale by its owner, private equity firm Warburg Pincus.
Ottawa has unveiled details of its long-awaited tax incentives to help fund carbon capture projects in Canada.