NorthAmOil - North America Oil & Gas

5 September 2024

Golden Pass LNG seeks three-year construction extension

4 September 2024

Golden Pass LNG has asked the Federal Energy Regulatory Commission for a three-year extension to finish building its 18mn tonnes per year facility in Sabine Pass, Texas.

EIA: LNG export capacity in North America on course to double by 2028

4 September 2024

Export capacity of LNG is slated to more than double by 2028 from 2023 levels, the US Energy Information Administration predicts.

US greenlights Mexico’s Altamira LNG as first non-FTA permit since pause

4 September 2024

Mexico’s Altamira LNG export facility has become the first terminal to be granted approval by the US Department of Energy to ship abroad LNG cargoes to countries that do not hold a Free Trade Agreement with the US since President Biden's pause.

Marathon Oil shareholders approve ConocoPhillips merger

4 September 2024

In May, ConocoPhillips had announced it has agreed to buy Houston-based Marathon Oil Corp. for $22.5bn in an all-stock deal inclusive of $5.4bn of net debt.

Sinochem mulling leaving US shale JV with ExxonMobil, says report

4 September 2024

China’s state-backed Sinochem is considering divesting its 40% stake in a shale joint venture in the US with ExxonMobil.

US oil production may settle at 13.9mn barrels per day by year-end

3 September 2024

US crude oil production had dropped by 100,000 bpd during the week ending August 23, according to weekly estimates published by the US Energy Information Administration.

Midstream operator ONEOK to grow in Permian with deals worth $5.9bn

3 September 2024

Pipeline operator ONEOK has announced it will acquire midstream assets worth $5.9bn from investor Global Infrastructure Partners (GIP).

Well productivity contributes to Permian gains, says EIA

29 August 2024

Crude oil output in the US is projected to reach an average of 13.7mn barrels per day in 2025, while marketed natural gas production is expected to hit an average of 114.3bn cubic feet, or 3.24bn cubic metres, per day.