NorthAmOil - North America Oil & Gas
ExxonMobil posts strong second-quarter earnings driven by Guyana assets
ExxonMobil announced its second-quarter 2024 earnings, reporting $9.24bn for the quarter and $17.5bn for the year to date.
Chevron to move to Texas, earnings miss projections, Guyana arbitration delayed
US oil supermajor Chevron will move its head office from California to Texas after repeated warnings that California regulations are too tough for its business to thrive.
Colombia’s Ecopetrol will not buy $3.6bn Permian shale stake
Colombia's state oil company Ecopetrol will not buy a $3.6bn share in Permian Basin assets from Occidental Petoleum.
Canada’s oil, gas industry emitted 2.6mn tonnes of methane in 2021, says study
New peer-reviewed research released this week reveals that in 2021 Canada's oil and gas sector emitted 2.6mn tonnes of methane, accounting for more than 2% of the country’s total methane emissions.
CVR Energy and creditor group lead in $21bn Citgo auction
The hotly contested auction for Citgo Petroleum, Venezuela's prized US refining asset, has entered its final stages with two leading bids ranging between $8bn and $9bn, according to people familiar with the matter.
Cheniere signs 20-year LNG supply deal with Galp
US LNG producer Cheniere Energy has agreed to a 20-year LNG supply deal with Portugal’s Galp Energia.
Venture Global sues contractor Kiewit alleging disclosure of confidential documents
US LNG upstart Venture Global LNG is taking legal action against Kiewit, a construction contractor, alleging the company shared confidential information with Shell.
Citgo sale faces fresh hurdle as court official seeks extension
The contentious auction of Venezuela's prized US refining asset Citgo Petroleum has hit another snag, with the court-appointed overseer requesting additional time to scrutinise bids, potentially delaying the high-stakes sale by a month.
ExxonMobil and QatarEnergy delay Golden Pass LNG following contractor’s bankruptcy
Joint partners ExxonMobil and QatarEnergy are pushing back the start-up of the Golden Pass LNG facility until late 2025.
US LNG exports shift from Europe to Asia in July
US LNG exports are increasingly being bought up by Asian purchasers at the expense of European buyers data for July deliveries revealed.
Eco Atlantic agrees to sell 1% interest in 3B/4B Block offshore South Africa to Africa Oil
Oil, gas exports increasingly fuelling Canadian economy
In the last 20 years, energy has become Canada’s leading export sector, mainly because of higher oil production volumes, rising hydrocarbon exports, and still-robust global demand for fossil fuels.
BP gives go-ahead for sixth operated hub in US Gulf of Mexico
Oil major BP has taken a final investment decision on the offshore Kaskida project in the US Gulf of Mexico.
Golden Pass LNG to pick new contractor as Zachry Holdings exits project
Golden Pass LNG is searching for a new construction contractor after Zachry Holdings exited the project.
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