NorthAmOil - North America Oil & Gas

Chevron-PDVSA joint venture launches new drilling drive in Venezuela

Petroindependencia, a joint venture between Venezuelan national oil company PDVSA and US oil behemoth Chevron, has initiated a fresh drilling campaign, as disclosed by PDVSA in a statement on April 1.

SLB to buy ChampionX for $8bn

Oilfield services company SLB will buy smaller rival ChampionX in an all-stock deal valued at $7.75bn. It is the largest purchase for SLB since the company acquired oilfield gear maker Cameron International for $14.8bn in 2016.

White House rejects GOP proposal to tie Ukraine aid to reversal of LNG pause

Officials in the Biden administration have shot down the possibility of a deal linking aid for Ukraine with reversing the pause on new US LNG export approvals.

NorthAmOil: White House rejects GOP proposal to tie Ukraine aid to reversal of LNG pause

US LNG exports dip slightly in March

US LNG exports slipped in March to 7.61mn tonnes from 7.73mn tonnes in February.

Mitsubishi makes strategic investment in MidOcean Energy

Japan’s Mitsubishi Corp has placed a strategic investment in global LNG firm MidOcean Energy.

Energy Minister: Canada not interested in subsidising future LNG projects

Canada is not planning to invest in or subsidise future LNG projects, the country’s energy and natural resources minister Jonathan Wilkinson told Canadian network CTV.

Moldova to deliver US LNG to consumers for first time

Moldova’s domestic gas supplier Energocom has said it will deliver test volumes of US LNG imported via a Greek regasification terminal on April 1-2 for the first time.