NorthAmOil - North America Oil & Gas

Biden proceeds on auction in Alaska wildlife refuge but limits size

The administration of Joe Biden has announced that rights to drill in the northwest Arctic National Wildlife Refuge in Alaska will be auctioned on January 9, on the eve of the pro-drilling president-elect Donald Trump taking office.

US oilfield service sector to continue consolidating in 2025, says Deloitte

America’s oilfield service sector is set to continue consolidating in 2025, says Deloitte's 2025 Oil and Gas Industry Outlook.

US-Canada trade war looming?

President-elect Donald Trump has said he will impose an across-the-board 25% tariff on all Canadian exports to the US. Oil will apparently be included. Canada is the largest exporter of oil to the US.

NorthAmOil: US-Canada trade war looming?

Energy Transfer okays $2.7bn gas pipeline from Permian Basin

Energy Transfer LP says it has reached a positive final investment decision for the construction of a $2.7bn intrastate gas pipeline connecting Permian Basin production to what it says are premier markets and trading hubs.

AI finds hundreds of orphaned wells in the US, say researchers

Chevron CEO warns of Russia-China takeover risk in Venezuela if forced to quit

Chevron Corp. has not discussed its Venezuela operations with President-elect Donald Trump's team, chief executive officer Michael Wirth said on December 6, highlighting uncertainty over the oil giant's future in the sanctions-hit country.

OPEC+ extends delay to easing restrictions

OPEC+ has further delayed its plan to ease oil production quotas

Fortis applies for environmental assessment for Tilbury Phase 2 LNG expansion project

Canadian natural gas utility Fortis BC has applied for an environmental assessment with British Columbia regulators for the Tilbury Phase 2 LNG expansion project.

Court dismisses suits against Zachry Industrial over fire at Freeport LNG terminal

A US court has thrown out two lawsuits by Allianz Global Risks US Insurance Co. against Zachry Industrial and its joint venture partners, which sought damages of $1.3bn stemming from a fire and explosion at the Freeport LNG terminal in Texas.