NorthAmOil - North America Oil & Gas
Civitas to enter Permian by buying $4.7bn worth of assets
Civitas Resources announced on June 20 that it had signed two definitive agreements to acquire oil-producing assets worth a combined $4.7bn in the Permian Basin.
Cheniere, Equinor sign LNG offtake agreement
A subsidiary of US LNG producer Cheniere Energy has signed a sale and purchase agreement with Norway’s Equinor.
LNG Canada takes a step forward with all 192 modules for Phase 1 completed
The Shell-led LNG Canada project has reached another key milestone with all 192 modules for the first phase of the project completed, Upstream reported on June 16.
TotalEnergies to buy 17% stake in NextDecade
French energy major TotalEnergies has revealed it will purchase a 17.5% interest in US LNG developer NextDecade at a cost of $219mn.
US buys 3.1mn barrels for SPR, to seek 3mn more
Five companies have been awarded supply contracts for a total of 3.1mn barrels of oil for the Strategic Petroleum Reserve (SPR) stockpile.
Seneca, Northeast join CG Hub’s certified gas trading platform
CG Hub, the world’s first commodities trading platform focused exclusively on certified gas and certified gas certificates, has announced that Seneca Resources and Northeast Natural Energy have joined its certified gas platform.
FLNG export facility proposed in US Gulf of Mexico
A floating LNG export facility has been announced 21 km off Grand Isle, Louisiana. The facility, by Grand Isle LNG, will have a smaller environmental footprint than land-based LNG and will produce competitively priced US LNG for export.
BP completes upgrades at Cherry Point refinery
Supermajor BP has completed a $269mn investment at Cherry Point refinery near Bellingham, Washington in the Pacific Northwest.
Couche-Tard, Suncor, Cenovus are possible suitors for Irving Oil
Couche-Tard, Suncor and Cenovus are considered possible suitors for Irving Oil, the private New Brunswick company that may be for sale.
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