NorthAmOil - North America Oil & Gas
Canada’s oil and gas industry reacts to Ottawa's share buyback tax plan
Canada’s oil and gas industry is assessing the potential impact of Ottawa’s plan to tax share buybacks but is unlikely to be deterred from further buybacks in the future.
Saudi, UAE ministers deny talks of output increase
China, US lock horns over climate commitments
APA mulls selling acreage in SE Texas
APA, formerly known as Apache, is considering selling some 85,790 hectares of shale play in south-east Texas, reports Reuters. The land is in the Eagle Ford and Austin Chalk shale plays, said the news service, citing a document it has seen.
Oil producer Diamondback to acquire Lario Permian for $1.5bn
Oil and gas producer Diamondback Energy is on a buying spree. It is to buy all leasehold interest and related assets of Lario Permian, a subsidiary of Lario Oil & Gas for some $1.5bn in shares and cash.
Biden announces tighter methane rule for US oil and gas industry
GHG emissions cap for Canada’s oil and gas by end of 2023, says minister
National regulations will be completed in 2023 for a cap on greenhouse gas emissions from the Canadian oil and gas sector, said Environment Minister Steven Guilbeault in an interview with Canadian Press at COP27, the UN climate summit in Egypt.
Canada’s oil sands producers continue to profit from price trends
Canada’s leading oil sands producers have reported another set of profits for the third quarter of 2022 as higher oil prices continued to bolster their performance
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