NorthAmOil - North America Oil & Gas
Japan-US deal on carbon-neutral LNG supply chain moves forward
Houston-based Sempra Infrastructure has agreed a deal with a Japanese consortium to install a carbon-neutral LNG supply chain in the continental USA, with the end product to be shipped back to Japan.
Commonwealth LNG takes another step forward with non-binding supply agreement
US-based Commonwealth LNG announced this week that it had entered into a heads of agreement with Swiss-headquartered MET Group for the sale and purchase of 1mn tonnes per year of LNG from its planned export terminal.
In 2023, US renewable diesel production capacity surpassed that of biodiesel
In January 2023, US production capacity of renewable diesel and other biofuels reached 3bn gallons per year, surpassing US biodiesel production capacity for the first time, sad the Energy Information Administration (EIA).
VLCCs off Panama coast may offer cheaper Canadian crude shipping route to Asia-Pacific
Very large crude carriers positioned off Panama's Pacific coast could emerge as the cost-effective gateway for transporting Canadian crude to Asia-Pacific destinations as the Trans Mountain Expansion (TMX) project gears up for operation next year.
US LNG exports fall in August
US exports of LNG dipped in August with 102 vessels transporting 7.32mn tonnes of the super-chilled fuel, down slightly from the 7.51mn tonnes that were carried abroad in July, according to data from LSEG Eikon.
Woodfibre agrees to supply 100% of its LNG to BP
Pacific Energy and Enbridge-owned Woodfibre LNG signed its third long-term LNG offtake deal with British energy firm BP on September 5.
Saudi, Russian oil cuts rolled over until year-end
Saudi Arabia and Russia this week announced that they would extend the voluntary oil production cuts that were implemented in July until the end of the year.
Emissions in the spotlight for Canada’s oil and gas industry
Emissions from Canada’s conventional oil and gas production are shown to have fallen in recent years, but the bigger picture for the country’s oil industry remains more complicated
AltaGas to buy Alberta Montney midstream assets for $481mn
Canada’s AltaGas announced this week that it had agreed to buy various natural gas midstream assets in the Alberta Montney play from Tidewater Midstream and Infrastructure for CAD650mn ($481mn).
Buyers of US LNG reportedly facing higher liquefaction fees
Buyers of US LNG are reportedly agreeing to higher liquefaction fees at newer export projects in the country.
Rystad: shale reinvestment up, but not for long
The reinvestment rate for US shale producers has risen to its highest level in three years, but the trend will not last, according to a new analysis by business intelligence firm Rystad Energy.
Trans Mountain expansion faces further delays before start-up
The Trans Mountain oil pipeline expansion project from Alberta to the British Columbia coast is facing further, last-minute delays before the state-owned company building the new pipeline can bring it into service.
Chevron, Kinder Morgan take precautions ahead of Hurricane Idalia
Chevron evacuated staff from three of its offshore platforms in the US Gulf of Mexico this week, while Kinder Morgan shut certain infrastructure as precautionary measures in the face of Hurricane Idalia.
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