NorthAmOil - North America Oil & Gas
Canada’s leading producers buoyed by high oil prices
Canada’s leading oil sands producers have posted major increases in profits thanks to high oil prices, but still have various challenges to contend with.
ConocoPhillips shareholders reject Scope 3 emissions target proposal
ConocoPhillips shareholders voted to reject a proposal to include Scope 3 emissions into the company’s overall greenhouse gas reduction targets at its annual meeting on May 10.
Seneca selling California oil assets to Sentinel Peak
Seneca Resources, a unit of National Fuel Gas, has agreed to sell its entire portfolio of Californian oil and gas assets to Sentinel Peak Resources California.
SK E&S invests in US CCS project
Summit Carbon Solutions’ carbon capture and storage (CCS) project in North Dakota received a boost this week on the announcement that South Korean power utility and gas provider SK E&S would invest $110mn in the scheme.
Venture Global announces offtake agreements with ExxonMobil, Petronas
US-based Venture Global LNG announced this week that it had struck separate sale and purchase agreements with ExxonMobil LNG Asia-Pacific and Malaysia’s Petronas.
Gasunie secures Netherlands’ second FSRU
The Netherlands’ Gasunie is to charter an FSRU from New Fortress Energy for five years as part of plans to develop up to 8 bcm per year of LNG import capacity.
Sources: US government asked Petrobras to raise oil output in March
US officials reportedly met with representatives of Brazil’s Petrobras in March to request that the South American country increase crude output in response to the Russian invasion of Ukraine.
Canada in talks on expediting East Coast LNG exports
The Canadian government is in talks with the developers of two proposed LNG export terminals on Canada’s East Coast to see whether it can help expedite those projects, it emerged last week.
NorthAmOil: Canada in talks on expediting East Coast LNG exports
The Canadian government is in talks with the developers of two proposed LNG export terminals on Canada’s East Coast to see whether it can help expedite those projects, it emerged last week.
World Bank report: 10 oil-producing countries account for 75% of global gas flaring
A report from the World Bank's Global Gas Flaring Reduction Partnership (GGFR), says gas flaring resulted in nearly 400mn tonnes of carbon dioxide (CO2) equivalent emissions in 2021.
ExxonMobil, Chevron post first-quarter profits
US super-majors ExxonMobil and Chevron have both posted multi-billion-dollar profits for the first quarter of 2022, but some aspects of their performance fell short of expectations.
Whistler Pipeline partners reach FID on expansion project
The partners in the Whistler Pipeline in Texas have announced a final investment decision on an expansion of the project, which carries gas from the prolific Permian Basin.
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