NorthAmOil - North America Oil & Gas

EOG Resources announces new acquisition in the Utica, to drill 20 wells in 2023

Shale producer EOG Resources has announced a new position in the Utica Combo in Ohio and will drill about 20 wells there in 2023. Development is already under way.

Continental Resources reports third-quarter production rise

Shale producer Continental Resources has reported that it increased production in the third quarter against the previous quarter.

NorthAmOil: Biden unlikely to change course even with a Republican-led congress

Biden administration unlikely to change course even with a Republican-led Congress: API lobbyist

President Joe Biden and his administration are unlikely to change course if there is a divided government following the midterm elections on November 8, says a leading oil lobbyist.

Dominion Energy may sell stake in Cove Point LNG facility

Dominion Energy may divest its 50% stake in the Cove Point liquefied natural gas (LNG) terminal in Maryland, according to Bloomberg, citing knowledgeable sources.

Targa Resources to build Daytona NGL pipeline in Texas

Targa Resources says it will build the Daytona NGL pipeline from the Permian Basin to north Texas. The pipeline is expected to be in service by the end of 2024 at an estimated cost of approximately $650mn. Targa will construct and operate it.

US reportedly discussing Trinidad and Tobago’s plan to use Venezuelan gas for Atlantic LNG

The US government has reportedly agreed to discuss Trinidad and Tobago’s request for a waiver from sanctions on Venezuela’s oil sector in order to secure more feedstock for Atlantic LNG.

DTE Energy to spend $9bn in 10 years on 5.4 GW of renewables, storage, coal-to-gas switch

US company DTE Energy plans to add some 4.4 GW of solar, 1 GW of wind and 750 MW of storage within 10 years. Along with switching most coal power-plant generation to natural gas, this plan will cost some $9bn.