NorthAmOil - North America Oil & Gas
Canada’s oil sands emit much more pollution than official estimates, says report
Canada’s vast oil sands emit far more air pollution than was previously thought, says a new study. The currently estimated carbon-based pollution is dozens of times higher than official estimates, said the research.
US LNG trade to Asia being slowed by Panama Canal congestion
LNG vessels using the Panama Canal have been suffering lengthy delays according to the International Energy Agency.
Japan expresses concern over US pause of LNG export permits
Japan has raised the alarm over US President Joe Biden’s decision to temporarily halt US LNG export permits with Industry Minister Ken Saito vowing that the country will take all the necessary actions to guarantee stable energy supply.
Biden orders pause of LNG export approvals amid pressure from environmentalists
US President Joe Biden announced on January 26 that approvals of pending and future applications to export LNG from new projects are being temporarily halted.
NorthAmOil: Biden orders pause of LNG export approvals amid pressure from environmentalists
Biden suspends four LNG export licences to burnish his green credentials
The Biden administration has temporarily frozen approvals of all new licences for the export of US LNG to assess their environmental impact in a move that could disrupt global energy markets.
US judge greenlights Altana's $530mn claim in Citgo ownership battle
A federal judge in Delaware last week greenlit Altana Credit Opportunities Fund's pursuit of proceeds from a share auction of Citgo Petroleum's parent company, potentially heralding a shift in ownership for the US' seventh-largest oil refiner.
Tellurian hires investment banker in effort to find equity partners for Driftwood LNG plant
US LNG developer Tellurian announced on January 25 that it has hired investment banker Lazard to support its quest to obtain investors and customers for its Driftwood LNG export terminal in Lake Charles, Louisiana.
ExxonMobil sues ESG investors to block shareholder climate petition
ExxonMobil has filed a lawsuit in federal court in Texas court to try to stop activist investors from bringing a climate proposal to a vote at its annual shareholder meeting on May 29.
$14bn of deals in record 4Q23 for US upstream M&A
The most recent quarter saw a record $144bn in US upstream mergers and acquisitions (M&As), said Enverus Intelligence Research (EIR) in a new report
Schlumberger, Halliburton beat profit estimates with strong global demand
Oilfield services giant Schlumberger beat profit estimates for its fourth quarter 2023 growth with strong global demand.
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