NorthAmOil - North America Oil & Gas
Enbridge to sell stakes in seven pipelines to indigenous groups for $828mn
Canada’s Enbridge announced on September 28 that it had agreed to sell an 11.57% interest in seven pipelines to 23 First Nation and Metis indigenous communities for CAD1.12bn ($828mn).
NorthAmOil: TotalEnergies unveils plan to spin off oil sands operations
France’s TotalEnergies has unveiled plans to spin off its oil sands operations in Canada into a new company as those assets do not align with its energy transition goals.
TotalEnergies unveils plan to spin off oil sands operations
France’s TotalEnergies has unveiled plans to spin off its oil sands operations in Canada into a new company, as those assets do not align with its energy transition goals.
Setbacks for Tellurian’s Driftwood LNG
Tellurian’s Driftwood LNG project in Louisiana is facing new uncertainty after the company withdrew a $1bn bond sale and had two offtake agreements terminated.
OPEC+ makes 2mn bpd cut, angering the US
Months of badgering by Western leaders counted for nought this week as OPEC+ announced a 2mn bpd quota reduction that serves to bolster prices and cover up issues raising production.
Woodside’s exit a blow to Newfoundland and Labrador exploration
Woodside Energy is reported to be relinquishing its exploration licences offshore Newfoundland and Labrador, in a blow to the province’s hopes for further oil and gas development.
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