NorthAmOil - North America Oil & Gas

20 January 2024

Trans Mountain on track for Q1 start-up after regulator approves variance

19 January 2024

The Trans Mountain pipeline expansion has gained a key approval from the Canada Energy Regulator.

US Treasury grants Citgo temporary reprieve amidst auction proceedings

19 January 2024

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

19 January 2024

Houston-based Talos Energy will buy QuarterNorth Energy for $1.29bn cash and stock

Arctic freeze squeezes Bakken output by 40%, pushes Texas refineries offline

19 January 2024

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

18 January 2024

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

18 January 2024

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

18 January 2024

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

18 January 2024

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.