NorthAmOil - North America Oil & Gas
White House permitting rule adds “roadblocks” for fossil fuel projects
The Biden administration’s Council on Environmental Quality has completed a rule to streamline the environmental review process – including for energy projects – under the National Environmental Protection Act.
How well thought-out is a US ban on LNG exports to China?
In a recent analysis it was speculated that a recent understated move by the US Department of Energy could signify a significant shift in American policy regarding trade, energy, and its relationship with China.
Venture Global to begin LNG production at Plaquemines in summer
US LNG upstart Venture Global LNG is planning to begin production of the super-chilled fuel at its Plaquemines export facility in southern Louisiana by mid-year.
Regulators okay Exxon’s $60bn Pioneer buy, Chevron expects Hess deal to close by year-end
Exxon Mobil’s $60bn purchase of Pioneer Natural Resources has been approved by the US Federal Trade Commission (FTC) as long as Pioneer's former CEO does not join Exxon's board.
ExxonMobil, Chevron miss estimates, bet on Permian and Guyana
The two largest US oil and gas heavyweights, ExxonMobil and Chevron, may have been hit hard by weak gas prices and refining margins. The duo released their first quarter earnings results on April 26, with Exxon falling short of estimates.
US LNG exports soar to record highs
US LNG exports have reached record highs in the first four months of 2024 amid skyrocketing natural gas production.
EQT seeks to expand Mountain Valley Pipeline
EQT has announced that it will expand capacity of the Mountain Valley Pipeline (MVP) to 70.8mn cubic metres per day from 56.6 mcm per day once the company has acquired the pipeline’s operator, Equitrans Midstream.
US coal, new gas power plants must meet new GHG pollution targets
The Biden administration is taking steps to tackle the issue of planet-warming pollution from the nation’s electricity sector. These mandates, which target coal and natural gas plants, are likely to push for the closure of coal plants.
LNG Energy Group strikes deal to revamp Venezuela oil fields amid US sanctions uncertainty
LNG Energy Group, backed by Texas oil magnate Rod Lewis, inked a pact with Venezuela's state-run oil giant PDVSA to revitalise five ageing oil fields, positioning itself for potential growth in a market grappling with a tumultuous political landscape
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