NorthAmOil - North America Oil & Gas
Southwestern strikes deal to supply RSG to Uniper
Natural gas producer Southwestern Energy announced on June 14 that it has signed a multiyear deal to supply certified responsibly sourced gas (RSG) to the North American subsidiary of Germany’s Uniper.
Chevron expands renewable fuels business with closing of REG acquisition
Chevron has completed its previously announced acquisition of Renewable Energy Group (REG), expanding its renewable fuels business.
Danos to support PDC, Petrofac on Gulf decommissioning project
Oilfield services provider Danos said on June 14 that it had been selected by the Promethean Decommissioning Co. (PDC) and Petrofac to support their work decommissioning several facilities in shallow-water fields in the US Gulf of Mexico.
Hamm offers to take Continental private
US shale producer Continental Resources revealed on June 14 that it has received an all-cash offer from the family trust of its billionaire founder, Harold Hamm, to take the company private.
Cheniere signs LNG supply agreement with Equinor
US LNG producer Cheniere Energy has signed an LNG sales and purchase agreement with Norway’s Equinor.
NorthAmOil: BP exits oil sands, enters Bay du Nord via Cenovus deal
BP announced this week that it had reached an agreement with Cenovus Energy that will see it relinquish its 50% stake in the Sunrise oil sands venture while farming into the undeveloped Bay du Nord project offshore Newfoundland and Labrador.
BP exits oil sands, enters Bay du Nord via Cenovus deal
BP announced this week that it had reached an agreement with Cenovus Energy that will see it relinquish its 50% stake in the Sunrise oil sands venture while farming into the undeveloped Bay du Nord project offshore Newfoundland and Labrador.
SPR release takes a toll on Canadian crude
Releases from the US Strategic Petroleum Reserve mean that the Gulf Coast is dealing with a glut of heavy crude and that appetite for Canadian oil is reduced.
Desert Peak Minerals, Falcon Minerals merge to form Sitio Royalties
Denver-headquartered Desert Peak Minerals announced this week that it had successfully merged with New York-based Falcon Minerals to form Sitio Royalties.
Callon raises capex amid high oil prices, rising costs
Houston-headquartered Callon Petroleum has joined a number of exploration and production companies in raising its capital expenditure budget.
US launches $8bn programme for clean hydrogen hubs
The US Department of Energy (DoE) released a notice of intent on June 6 to fund the Bipartisan Infrastructure Law’s $8bn programme to develop clean hydrogen hubs (H2Hubs) across the country.
Devon to acquire RimRock’s Williston assets for $865mn
Devon Energy has announced this week that it has agreed to acquire RimRock Oil and Gas’ Williston Basin assets in North Dakota for $865mn in cash.
Follow us online