NorthAmOil - North America Oil & Gas

ConocoPhillips' Alaska Willow project okayed, more of Arctic off-limits to oil leasing

The Biden administration has approved a scaled-back version of ConocoPhillips’ $7bn Willow project in Alaska, the US Department of Interior said on March 13.

NorthAmOil: ConocoPhillips' Alaska Willow project okayed, more of Arctic off-limits to oil leasing

Ottawa orders Imperial to halt leak at Kearl oil sands mine

Canadian federal inspectors have ordered Imperial Oil immediately to halt seepage from a tailings pond at its Kearl oil-sands mine. The inspectors have said that the leak has likely been harmful to wildlife.

Biden’s budget seeks to end oil and gas subsidies

US President Joe Biden's 2024 budget seeks to end oil and gas subsidies. The president’s budget, however, is a proposal and would have to be accepted by both houses of Congress, which is unlikely.

Cost of Trans Mountain oil pipeline rises by 44% in a year

The estimated cost of the Trans Mountain oil pipeline expansion in Canada has risen by 44% to an estimated $22.35bn. This is according to the owner, the government’s Trans Mountain Corp.

Venture Global moves ahead with second phase of Plaquemines LNG

Venture Global LNG will proceed with the second phase of the Plaquemines LNG export terminal in Louisiana, the company revealed on March 13. Having secured $7.8bn in project financing a final investment decision (FID) was made.

Company seeks $20bn compensation from Canada for LNG terminal denial

The companies behind the $10.1bn GNL Québec and Gazoduq projects in Québec are seeking $20bn in compensation from the federal government of Canada for turning down an LNG terminal, Énergie Saguenay.

Shell announces final investment decision on Dover in US Gulf of Mexico

Shell has announced the final investment decision for Dover, a planned subsea tieback to the Shell-operated Appomattox production hub in the US Gulf of Mexico.

Pembina and Haisla Nation’s Cedar LNG project in Canada receives environmental approval

The proposed $2.4bn Cedar LNG project to be developed by the Haisla Nation indigenous group and Pembina Pipeline in Kitimat, British Columbia has been granted environmental approval by the provincial government.

Qilak LNG plans $5bn LNG facility in Alaska

Qilak LNG has revealed it is seeking to build a 4mn tonne per year LNG export terminal in Alaska’s North Slope to be completed by the end of the decade.

Freeport LNG receives restart approval for final liquefaction train

Freeport LNG, the US’s second-largest LNG export terminal, was granted regulatory approval for the restart of liquefaction train 1 on March 8. It was the only remaining liquefaction train that had not been restarted yet at the 15mn tpy facility.