NorthAmOil - North America Oil & Gas
Chesapeake agrees to 15-year LNG supply deal with Vitol
US oil and gas company Chesapeake Energy revealed that it has signed a heads of agreement deal with Switzerland-based energy and commodity trader Vitol to supply it with LNG for 15 years, beginning in 2028.
Freeport LNG receives approval to begin commissioning second jetty
Freeport LNG was granted permission by federal regulators on October 27 to start commissioning its second LNG jetty.
Baker Hughes on track to record almost $9bn worth of orders for LNG equipment in 2022/2023
Houston-headquartered energy services company Baker Hughes revealed it is on track to bring in almost $9bn in LNG equipment sales orders between 2022 and 2023, during a third-quarter earnings call.
Chevron to buy Hess for $53bn as majors bet on fossil fuels
In the latest in a series of massive US upstream transactions, Chevron has agreed to buy Hess, a US exploration-and-production independent, for $53bn in an all-stock transaction.
Devon mulls buying Marathon, ConocoPhillips eyes CrownRock
As part of an expected trend of more mergers and acquisitions in the US upstream sector, Devon Energy is mulling buying Marathon Oil, while ConocoPhillips is now eyeing CrownRock.
Trans Mountain pipeline may need new funds for completion
The Canadian government corporation building the Trans Mountain pipeline – which is scheduled to come online by the end of Q1 2024 – may need external financing to complete the project, auditor says.
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