NorthAmOil - North America Oil & Gas

14 December 2022

Biden administration seeks to halt SPR sales

10 December 2022

The administration of President Joe Biden wants to stop sales from the Strategic Petroleum Reserve (SPR) that have been mandated by Congress. The Biden administration wants to refill the SPR when oil reaches $70 a barrel.

Los Angeles bans new oil wells, to close existing wells

10 December 2022

Los Angeles city councillors have voted unanimously to ban existing oil wells within city boundaries immediately, and to phase out existing ones within 20 years.

US proposes higher renewable fuel blending

9 December 2022

The US Environmental Protection Agency (EPA) has proposed expansions of obligations for refiners who must blend renewable fuels into their gasoline.

CNRL targets 4% production growth in 2023

9 December 2022

Canadian Natural Resources (CNR) targets 4% production growth in 2023 compared with 2022. The Calgary-based company’s production growth would amount to 56,000 barrels of oil equivalent per day.