NorthAmOil - North America Oil & Gas
US ANWR auction receives no bids
A Congressionally mandated oil and gas lease sale in Alaska’s Arctic National Wildlife Refuge (ANWR) received no bids.
Shell starts production from deepwater Whale platform in Gulf of Mexico
Shell Offshore announced last week that it had started production from the deepwater Whale floating production facility in the US Gulf of Mexico.
US Department of Energy predicts 8% slide in Brent price in 2025
The US Department of Energy expects Brent crude oil prices to decline to an average of $74 per barrel in 2025, an 8% drop from 2024 levels.
Citgo's strategic role underscored amid challenges for PDVSA
Petróleos de Venezuela’s (PDVSA) ad hoc board of directors has unveiled its 2024 performance report, highlighting the pivotal role of Citgo, its US-based refining subsidiary, as a cornerstone asset for the state-owned enterprise.
Mexico braces for Trump’s return but 25% tariffs not necessarily likely
As Mexico braces for a critical year in 2025, economic and political challenges loom large under the pending new U.S. administration led by Donald Trump.
Mexico braces for Trump’s return but 25% tariffs not necessarily likely
As Mexico braces for a critical year in 2025, economic and political challenges loom large under the pending new US administration led by Donald Trump.
US gas power boom highlights emissions milestone in 2024
Carbon dioxide (CO2) emissions from US natural gas power plants exceeded 1bn tonnes in 2024, for the first time. This marks a significant milestone for the leading global producer and consumer of natural gas.
Venezuelan oil continues to flow to the US after Maduro’s disputed inauguration
The United States will preserve Chevron's operating licences in Venezuela despite mounting tensions over President Nicolas Maduro's controversial January 10 inauguration, highlighting Washington's delicate position.
Venture Global to begin pitching investors for $110bn IPO valuation
US LNG developer Venture Global is set to commence pitching investors for its long rumoured initial public offering.
Glenfarne’s Alaska LNG project takes key step forward
Glenfarne’s $44bn Alaska LNG project has moved closer to fruition after the Alaska Gasline Development Corporation agreed to enter an exclusive partnership with the firm to develop the project.
Oil up as China, India set to feel effects of US sanctions on Russia
Oil prices have risen for a third straight session as the price of Brent surpassed $81 per barrel on October 13. This is its highest level in over four months.
Trump’s advisers push for patience in lifting LNG approvals ban
President-elect Donald Trump is being cautioned by his advisors against attempting to restart LNG approval permits too quickly.
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