NorthAmOil - North America Oil & Gas
EU to consider investing in foreign LNG projects to combat high energy prices
The European Union is mulling making financial investments in foreign-based LNG facilities amid a push to secure more reliable suppliers of the super-chilled fuel and thereby lower energy prices.
A US state is seeking to re-label natural gas ‘green’, a possible Trump-era trend
Indiana has launched a move to categorise natgas as green, in order to access federal funding. And the gas sector is now watching to see if three of the top-five gas producing states – Texas, Louisiana and West Virginia – will follow.
Diamondback to buy Double Eagle subsidiaries in Permian deal worth $4.1bn
Diamondback Energy will acquire certain subsidiaries of Double Eagle IV Midco in a Permian Basin deal valued at around $4.08bn.
Woodside negotiating with potential partners for equity stake in Louisiana LNG
Australia’s Woodside Energy is in the midst of talks with a handful of potential purchasers of equity stakes in its Louisiana LNG project.
Venture Global to begin commercial operations at Calcasieu Pass plant in April
US LNG producer Venture Global has notified its foundation customers that the firm’s Calcasieu Pass terminal in Louisiana has set a commercial operation date of April 15.
Trump approves energy council to boost US oil and gas production
President Donald Trump has signed an executive order forming the National Energy Dominance Council, which aims to expand US oil and natural gas production.
Trump okays Texas GulfLink Deepwater Port
The Trump administration has approved a deepwater port in Texas designed to handle daily oil exports of up to 1mn barrels, the Texas GulfLink Deepwater Port.
Trump gives green light to restart LNG export permit approvals
The US LNG exports sector received long-awaited good news with the approval on February 14 of the first LNG export permit granted by President Donald Trump since his return to the White House.
Maduro’s regime seeks US help to extradite opposition figures over alleged Citgo asset theft
Venezuela’s public ministry plans to formally request legal cooperation from the US to pursue corruption charges against several opposition figures, including the former National Assembly leader, Juan Guaidó.
US midstream and other oil, gas projects may get pricier with Trump’s latest tariffs
Oil and gas drilling equipment and pipelines are made of steel and aluminium. And with Trump's latest tariffs, building new transmission lines, which are necessary for rapidly growing gas-fuelled electricity, would get more expensive.
Colombia's Ecopetrol faces production cut as Petro pushes fracking exit
Colombia’s state-run oil company, Ecopetrol, could see daily output shrink by 90,000 barrels if it withdraws from its fracking operations in the US.
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