NorthAmOil - North America Oil & Gas
QatarEnergy to partner in two ExxonMobil offshore blocks off Canada
QatarEnergy has agreed to partner on two promising ExxonMobil deepwater exploration blocks off Newfoundland and Labrador in Atlantic Canada.
Enbridge may delay Line 5 tunnel under Great Lakes
Enbridge Inc. has said that construction of a new tunnel for its ageing Line 5 natural gas liquids and oil pipeline in Michigan may be delayed until 2026.
Pieridae Energy abandons plans to transport gas from Western Canada to Nova Scotia
The company is seeking to build a facility to export LNG from Nova Scotia, on Canada’s East Coast, to Europe.
Energy Transfer to acquire Lotus Midstream for $1.45bn
Energy Transfer will acquire Lotus Midstream in a deal valued at around $1.45bn cash and stock.
Baker Hughes selected as main supplier of equipment for Port Arthur LNG
Houston-headquartered energy technology company Baker Hughes was selected by construction firm Bechtel on March 27 to serve as the main supplier of liquefaction equipment for Sempra Infrastructure’s Port Arthur LNG Phase 1 project.
US to issue ultimatum as Mexico reverses energy reform
The administration of US President Joe Biden will issue an “act now or else” missive in the next few weeks to Mexico over the two countries’ energy trade dispute.
Crescent Point to buy $1.2bn Montney assets from Spartan
Crescent Point Energy Corp of Calgary has agreed to purchase $1.24bn in oil-and liquids-rich assets in the Montney shale play from Spartan Delta Corp.
Rio Grande LNG suffers another setback with Societe Generale withdrawal
French bank Societe Generale revealed on March 28 that it pulled out of NextDecade’s Rio Grande LNG project in Texas last year. It is the first time the bank has disclosed that it withdrew from the long-delayed LNG facility.
Freeport LNG experiences rocky restart, cancels several March cargoes
Freeport LNG has cancelled up to four LNG cargoes scheduled to be delivered in March as the US’s second-largest export plant encounters bumps on its road back to full production after an eight-month long outage.
US Department of Justice recovers more than $53mn in Nigerian oil corruption cases
The US Department of Justice (DOJ) has reached a final resolution in two civil cases related to profits obtained through bribes paid to Nigeria’s former Minister for Petroleum Resources.
US replaces Russia as Europe's top oil supplier in December
The US has replaced Russia as Europe’s main oil supplier, according to data published by Eurostat on March 28, accounting for 18% of EU crude imports.
IPC calls on Canadian federal government for more CCS incentives
International Petroleum Corp (IPC), an oil sands producer, has called on the federal government of Canadian Prime Minster Justin Trudeau for more incentives for carbon capture and storage.
ConocoPhillips to delay minor construction at Willow
ConocoPhillips has agreed to delay some construction at the Willow oilfield on Alaska ‘s North Slope until April 4 while a federal court considers whether to halt the work this winter.
Spain’s Repsol scraps plans for LNG terminal on Canada’s east coast
Madrid-based Repsol has decided against developing an LNG terminal on Canada’s east coast. The terminal would have been exported LNG from Saint John in New Brunswick, Canada across the Atlantic to Europe.
Canada may not need more major oil pipelines, says senior executive
A senior oil executive has said that Alberta may not need more major pipelines once the Trans Mountain expansion has been built.
Construction delayed for NextDecade’s Rio Grande LNG facility
NextDecade’s Rio Grande LNG terminal in Texas has suffered a setback with construction pushed back as the company is now expecting a final investment decision before the end of the second quarter.
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