NorthAmOil - North America Oil & Gas
Bill introduced to ban LNG exports to four countries, China included
Democratic Senators Sherrod Brown of Ohio and Jeff Merkley of Oregon have introduced the Protecting American Households From Rising Energy Costs Act.
Chevron unveils first solar-to-hydrogen production project, idles two Midwest biodiesel plants
Chevron New Energies, a division of Chevron, announced it is developing a 5-MW hydrogen production project in California’s Central Valley.
SEC issues new climate rule
A new rule in the US will require all publicly traded companies to disclose ways in which climate change poses significant risks to their business.
US supplies almost half of Europe’s LNG imports in 2023
The US was Europe’s top supplier of LNG in 2023, marking the third consecutive year it has held that title according to new data from gas intelligence firm CEDIGAZ.
Tellurian expects financing decision on Driftwood this year
Houston-based LNG developer Tellurian expects a final investment decision to be made before the end of the year on Driftwood LNG plants 1 and 2.
Venezuela grapples with shipping delays as oil exports inch up amidst US sanctions return fears
Venezuela’s oil exports edged up in February to approximately 670,000 barrels per day, yet persistent shipping delays exacerbated a backlog of tankers awaiting loading, as per documents and vessel tracking data.
Exxon, CNOOC may derail Chevron’s $53bn bid for Hess
In a surprise move, ExxonMobil and China National Offshore Oil Corp. are asserting that they have the right to pre-empt Chevron’s purchase of Hess’ stake in the prolific deep-water offshore Stabroek field off Guyana.
Trans Mountain Expansion cost estimate balloons again
The expansion of the Trans Mountain pipeline will cost around $2.3bn more than the owner had previously reported in May.
US gas prices fall to more than a quarter-century low
The US benchmark Henry Hub daily natural gas price averaged $1.50 per mmBtu on February 20.
Wall Street regulator to vote on climate disclosure rules on March 6
The US Securities and Exchange Commission will vote on March 6 on adopting a proposed new climate rule on whether companies must disclose climate risks for the first time.
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