NorthAmOil - North America Oil & Gas
Tellurian agrees to $1bn deal for Driftwood LNG project land
US LNG developer Tellurian has reached an agreement with an unnamed New York-based institutional investor to sell around 800 acres in Louisiana where it is building its Driftwood LNG project, the company revealed on April 6.
Ovintiv expands in Permian with $4.3bn purchase
US shale producer Ovintiv has acquired $4.3bn of oil and gas assets in the Permian Basin in Texas from private equity firm EnCap.
ExxonMobil – decarbonisation business could outgrow oil and gas
ExxonMobil and Linde have signed a long-term agreement for the offtake of carbon dioxide (CO2) at Linde’s proposed clean hydrogen production plant in Beaumont, Texas.
KBR awarded engineering contract for Equinor’s $9bn Bay du Nord
KBR Industrial Canada has received a letter of intent from Equinor Canada for the front-end engineering design (FEED) of the topside facilities of the proposed Bay Du Nord project.
US appeals court again blocks Mountain Valley pipeline
Equitrans Midstream’s Mountain Valley pipeline (MVP) has again been blocked by a federal court.
Judge rejects injunction against ConocoPhillips’ Willow
A federal judge has rejected a plea to halt construction at ConocoPhillips’ Willow project on the North Slope of Alaska.
Yara, Enbridge plan $2.9bn blue ammonia plant in Texas
Yara Clean Ammonia and Enbridge Inc. will jointly develop and construct a $2.9bn low-carbon blue ammonia production facility in Texas.
Cheniere seeks permit for Corpus Christi LNG plant expansion
Cheniere Energy has filed an application with US regulators for another expansion of its Corpus Christi LNG export plant in Texas.
Global gas flaring drops 3% in 2022
The global oil and gas industry managed to reduce gas flaring by 3% last year to 139 bcm, from 144 bcm in the previous year, the World Bank reported on March 29 in its new Global Gas Flaring Report (GGFR), despite oil output rising by 5% to 80mn bpd.
US LNG exports reach record high in March, elevated by Freeport’s return to full power
US LNG producers recorded a record month in March, shipping 7.73mn tonnes of the super-chilled fuel, according to data from Refinitiv Eikon. The figure surpasses the country’s previous record high of 7.67mn tonnes exported in March 2022.
Venture Global to make repairs at Calcasieu Pass, delaying start of commercial operations
US LNG company Venture Global LNG will make repairs at the Calcasieu Pass export plant in Louisiana, delaying the start of the facility’s full commercial operations, the company revealed on March 31.
OPEC+ announces surprise output cut
OPEC and several of its partners in the OPEC+ group made a surprise announcement over the weekend, declaring that they would make a voluntary oil production cut of 1.15mn barrels per day, which will run until the end of the year.
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