NorthAmOil - North America Oil & Gas

War in Ukraine continues to influence global LNG flows

China is snapping up discounted Russian LNG, while also diverting some cargoes to other countries, and the US continues to target European buyers.

Judge rules Line 5 can stay open despite trespassing on tribal land

A US federal judge has ruled that Enbridge’s Line 5 pipeline is allowed to remain open, despite trespassing on tribal land in Wisconsin.

EPA denies Cheniere request for exemption from pollution rule

The US Environmental Protection Agency said this week that it had denied a request from LNG producer Cheniere Energy to exempt turbines at its two liquefaction terminals from a pollution rule.

Sitio to buy Brigham in $1.5bn mineral and royalty merger

Sitio Royalties announced this week that it had agreed to acquire Brigham Minerals in an all-stock merger valued at around $1.5bn.

EQT announces $5.2bn Appalachian acquisition

Shale gas producer EQT said this week that it had entered into an agreement with THQ Appalachia I and THQ-XcL Holdings I to acquire Tug Hill’s upstream operations and XcL’s midstream gathering and processing assets.

OPEC+ reverses recent addition with first cut in 18 months

NorthAmOil: Cheniere outlines further expansion plans for Corpus Christi LNG

Cheniere Energy intends to add further capacity to its Corpus Christi LNG export terminal in Texas, beyond the 10mn tonne per year expansion that is currently under construction at the plant.

Texas family reportedly considering sale of Permian land

The family that owns the 70,000-acre (283-square km) Mabee Ranch in Texas is reportedly exploring options for the land, including a sale.

US DoI awards initial funds for plugging of orphan wells

The US Department of the Interior announced this week that it had awarded an initial $560mn to 24 states from funds allocated under the Bipartisan Infrastructure Law for work on plugging, capping and reclaiming orphan wells.