NorthAmOil - North America Oil & Gas

Ecopetrol considering $3.6bn investment in US shale

Colombian energy company Ecopetrol is in talks with Occidental Petroleum to purchase a significant stake in CrownRock, a US shale oil producer.

Halliburton, SLB report strong global demand, softer North American results

US oilfield service firms Halliburton and SLB, formerly Schlumberger, reported higher quarterly profits in the second quarter that analysts said were aided by stronger worldwide demand.

Colombia’s Ecopetrol may buy $3.6 bn CrownRock Permian stake from Occidental

Occidental Petroleum is in talks to sell a 30% stake in shale producer CrownRock to Colombia’s state-owned Ecopetrol.

Wildfires threaten 10% of Alberta’s oil output, says report

Wildfires in Canada’s oilpatch, Alberta, are threatening almost 10% of output.

NorthAmOil: Wildfires threaten 10% of Alberta’s oil output, says report

FTC scrutinises US oil executives’ texts for alleged shale cartel

Executives at Hess, Occidental and Diamondback are having their texts and emails reviewed by the Federal Trade Commission for possible collusion with OPEC, said Bloomberg citing anonymous sources.

Woodside to buy troubled LNG developer Tellurian for $900mn

Sempra selects Bechtel for construction of phase 2 of Port Arthur LNG

Sempra Infrastructure has signed an agreement with Bechtel Energy for a fixed-price engineering, procurement, and construction contract for Phase 2 of the Port Arthur LNG project in Texas.

Freeport LNG cancels 10 cargoes following shutdown from Hurricane Beryl

The US’s second largest LNG export terminal, Freeport LNG, canceled at least 10 cargoes for export in August following the plant’s shutdown as Hurricane Beryl made landfall on the Texas coast.