NorthAmOil - North America Oil & Gas
Fire disrupts operations at Marathon refinery in Louisiana
A fire broke out at a refinery operated by Marathon Petroleum in Garyville, Louisiana last week, resulting in the facility’s operations being disrupted.
ExxonMobil says world will fail to meet Paris goal in 2050
Oil supermajor ExxonMobil says that the world will fail to meet the Paris Agreement goal to keep global warming below 2 degrees Celsius by 2050.
Terra Nova FPSO returns to site offshore Newfoundland and Labrador
The floating production, storage and offloading (FPSO) vessel serving the Terra Nova project offshore Newfoundland and Labrador, in eastern Canada, has returned to its offshore location after four years offline.
Permian Resources to buy Earthstone in $4.5bn deal
Permian Resources is buying Earthstone Energy in a $4.5bn deal that illustrates some of the shifts in consolidation patterns across the US shale patch
EQT closes Tug Hill, XcL acquisition following FTC approval
Shale gas producer EQT announced this week that has closed its previously announced acquisition of THQ Appalachia I Midco (Tug Hill) and THQ-XcL Holdings I Midco (XcL Midstream).
ConocoPhillips on divestment watch among pension funds following oil sands acquisition
US independent ConocoPhillips is reported to have been put on divestment watch by some of Europe’s largest pension funds after using the proceeds from a recent debt financing to expand its oil sands operations.
EY: US energy firm shareholder payouts exceed investment in new production
A new report by EY shows that the leading US oil and gas producers paid out more of their earnings to shareholders last year than they invested in new production. This is the first time this has happened.
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