NorthAmOil - North America Oil & Gas

Output growth expected in western Canada with more takeaway

Alberta's oil sands production is once again challenging the existing pipeline capacity, especially to the Pacific Coast. This is a familiar scenario for Canadian producers, but will soon change.

Gulf of Mexico spill shuts in seven producers, 3% of the region’s production

An oil spill in the Gulf of Mexico is now estimated at 1.1mn gallons or more, and it has shut in six producers.

NorthAmOil: Gulf of Mexico spill shuts in seven producers, 3% of the region’s production

Kimmeridge backs Chesapeake acquisition of Southwestern

Kimmeridge Energy Management, an active and outspoken US oil and gas investor, said a merger of Chesapeake Energy and Southwestern Energy would create one of the industry’s most sought-after stocks.

ConocoPhillips seeks more time for possible Willow pause

ConocoPhillips Alaska is seeking more time if there is a halt of the company’s Willow project in Alaska.

Freeport LNG receives federal approval to restart full operations

US LNG producer Freeport LNG was granted approval by the Federal Energy Regulatory Commission on November 22 to return to service its Phase II infrastructure.

Karoon to acquire stake in Gulf of Mexico assets for $720mn

Australia-based Karoon Energy has announced deals worth $720mn to purchase stakes in offshore oil and gas fields in the US Gulf of Mexico from LLOG Exploration.