NorthAmOil - North America Oil & Gas
Shale drillers anticipate headwinds, remain focused on returns despite high profits
High oil prices have helped shale drillers increase their profits in the first quarter of the year, but the industry remains cautious amid rising costs.
ConocoPhillips sues Alaska to prevent well data being made public
US-based ConocoPhillips has filed a lawsuit against the State of Alaska in a bid to prevent it from publicly releasing data associated with some of its wells on the North Slope.
BP, Linde team up on Texas CCS project
Super-major BP has formed a joint venture with industrial gas supplier Linde this week to develop a carbon capture and storage facility in Texas.
Diamondback to acquire remaining publicly owned Rattler units
US independent Diamondback Energy has struck a deal to acquire all of the publicly held common units in Rattler Midstream that it does not own already.
EIA forecasts record-high Permian oil output
The US Energy Information Administration is predicting oil output from the Permian Basin, which spans Texas and New Mexico, will jump by 88,000 barrels per day on May to hit a record 5.22mn bpd in June.
Sempra, PGNiG sign preliminary deal for LNG supply from two terminals
San Diego-headquartered Sempra Energy announced this week that it had signed a heads of agreement with Poland’s PGNiG on the purchase of 3mn tonnes per year of LNG from two projects over a 20-year period.
Downstream impact
NewsBase takes a brief look at some of the economic and political fallout from the Russia-Ukraine war, with a focus on regional markets for jet fuel and diesel around the world.
Chevron sanctions Ballymore project in deepwater Gulf
Chevron announced on May 17 that it had taken a final investment decision on the Ballymore project in the US Gulf of Mexico.
NorthAmOil: Chevron sanctions Ballymore project in deepwater Gulf
Chevron announced on May 17 that it had taken a final investment decision (FID) on the Ballymore project in the US Gulf of Mexico.
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