NorthAmOil - North America Oil & Gas
Two South Korean companies signed sale and purchase agreements (SPAs) this week to buy LNG from international sellers – France's TotalEnergies and the US' Cheniere Energy.
Massachusetts’ top court rejected a bid this week from ExxonMobil to dismiss a lawsuit accusing the firm of misleading consumers and investors about the fossil fuel industry’s role in climate change.
Private equity firms Kayne Anderson Capital Advisors and Warburg Pincus are reportedly considering selling Terra Energy Partners.
Dallas-headquartered EnLink Midstream said on May 19 that, together with its partners, it would move forward with building the Matterhorn Express gas pipeline from the Permian Basin to the Houston area of Texas.
US Secretary of the Interior Deb Haaland has confirmed that a new five-year plan for federal offshore oil and gas development would be proposed by June 30, the expiry date for the current plan.
Centennial Resource Development and Colgate Energy Partners III have agreed to combine in the largest shale merger of the year to date.
Sempra Infrastructure has signed a participation agreement with TotalEnergies, Mitsui & Co. and Mitsubishi to develop the proposed Hackberry Carbon Sequestration project in Louisiana to capture emissions from the Cameron LNG terminal.
US-based Venture Global LNG has made a final investment decision (FID) and closed the project financing for the first phase of its planned Plaquemines LNG export terminal on Louisiana’s Gulf Coast.
The US government appears to be moving towards loosening restrictions on trade with Venezuela, at least partly out of a desire to address disruptions on the European oil market.
Centennial Resource Development and Colgate Energy Partners III announced on May 19 that they had agreed to combine in what the companies described as a merger of equals.
The US government is reportedly gearing up to ease sanctions on Venezuela’s national oil company PdVSA in order to facilitate deliveries to Europe.
Transocean recently held a naming ceremony for its Deepwater Atlas drillship in Singapore. The company posted about the ceremony on LinkedIn this week, noting that the Deepwater Atlas was the world’s first eight-generation drillship.