NorthAmOil - North America Oil & Gas
Leadership change in Alberta could cause headaches for Ottawa
New Alberta Premier Danielle Smith looks likely to clash more with Ottawa on energy production and climate change than her predecessor
NorthAmOil: Continental to be acquired by Hamm family in sweetened $4.3bn deal
Shale producer Continental Resources will merge with Omega Acquisition, an Oklahoma corporation owned by Continental's founder, Harold Hamm.
Report: TC Energy could sell Keystone oil pipeline, say analysts
TC Energy Corp. of Calgary could sell billions of dollars in assets for partially funding projects in Western Canada and Mexico and may even seek the divestiture of the Keystone oil pipeline to the US Gulf Coast, according to Bloomberg.
More SPR releases possible, Biden confirms, as midterms loom
The administration of President Joe Biden has announced that another 15mn barrels of oil will be sold from the Strategic Petroleum Reserve (SPR), with the president confirming that more releases may occur in an attempt to rein in petrol prices.
BP to acquire biogas producer Archaea for $4.1bn
bp is buying leading Texas-based biogas producer Archaea Energy for $4.1bn in cash and net debt.
Continental Resources to be acquired by Hamm family in a sweetened $4.3bn deal
Shale producer Continental Resources will merge with Omega Acquisition, an Oklahoma corporation owned by Continental's founder, Harold Hamm. The company, one of the US’s largest independent oil companies, will become private.
New Jersey sues five oil and gas companies over climate claims
The State of New Jersey has sued five oil and gas companies over allegations that they made false climate claims that misled the public.
Canadian oil prices see widening discount
Western Canadian Select crude prices have fallen to their widest discount to US benchmark prices since 2018, but this is not being attributed to takeaway capacity shortages.
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