NorthAmOil - North America Oil & Gas
Trans Mountain on track for Q1 start-up after regulator approves variance
The Trans Mountain pipeline expansion has gained a key approval from the Canada Energy Regulator.
US Treasury grants Citgo temporary reprieve amidst auction proceedings
The US Treasury Department announced on January 16 the extension of temporary protection for Citgo Petroleum, shielding it from creditors until mid-April.
Talos to purchase QuarterNorth for $1.29bn
Houston-based Talos Energy will buy QuarterNorth Energy for $1.29bn cash and stock
NorthAmOil: Talos to purchase QuarterNorth for $1.29bn
Arctic freeze squeezes Bakken output by 40%, pushes Texas refineries offline
America’s Arctic freeze has shut in crude output in North Dakota, pushed refineries offline on the Gulf Coast and reduced LNG feedgas.
Biden proposes methane fees for oil and gas facilities
In a ground-breaking move, the Biden administration has proposed fees for oil and gas companies to address excessive methane emissions.
Tourmaline signs long-term LNG deal with Trafigura
Calgary-headquartered Tourmaline has reached a long-term LNG deal with commodity trading firm Trafigura, the two companies revealed on January 16.
US LNG exports to Asia stymied by Panama Canal drought, Red Sea attacks
LNG exports from the US to Asia are facing longer journeys because of limited shipping through the drought-stricken Panama Canal and Houthi attacks on cargo ships in the Red Sea.
Mexico Pacific inks additional long-term sales and purchase deal with ExxonMobil
LNG developer Mexico Pacific agreed with US oil major ExxonMobil to an additional long-term sales and purchase agreement on January 16 for a further 1.2mn tonnes per year of LNG from its Saguaro Energia project.
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