NorthAmOil - North America Oil & Gas
Matador exits Eagle Ford to focus on Delaware Basin amid “turbulent times”
Matador Resources has sold its remaining two acreage positions in the Eagle Ford shale.
Chinese buyers resell US LNG cargoes amid tariff war
Chinese purchasers of LNG are reselling cargoes shipped from US LNG terminals as trade tensions escalate between Washington and Beijing.
Asia’s thirst for LNG to drive global demand rise
Global LNG demand is set to soar over the next two decades, sparked by Asia’s growing appetite for the super-chilled fuel.
INTERVIEW: US LNG enters pivotal stage
Charlie Riedl, executive director of the US LNG Center, speaks with us about the outlook for America's LNG sector as Donald Trump begins reshaping the US oil and gas industry and global trade.
Woodside sells 40% stake in Louisiana LNG to investor Stonepeak for $5.7bn
Australia’s Woodside Energy has reached agreement to sell a 40% interest in its Louisiana LNG facility to infrastructure investor Stonepeak for $5.7bn.
Mexico explores fracking expansion to cut US gas dependence
Mexico has begun preliminary discussions with private sector companies about increasing fracking to reduce its reliance on US natural gas amid growing trade tensions between the two countries, Reuters reported on April 8.
Mexico’s LNG ambitions face risks from US policy, weather and market volatility
Mexico's booming liquefied natural gas (LNG) industry risks disruption from forces outside its control, including extreme weather and US regulatory decisions.
OPINION: Europe eager to avoid swapping dependence on Russian gas for overreliance on US LNG amid Trump volatility
Europe is caught in a bind: unwilling to commit to gas in the long term, but still heavily reliant on it in the short term; eager to reduce Russian influence, but wary of handing leverage to Washington.
Oil falls 3.75% amid global trade war recession fears
Oil prices fell 3.75% on April 7, continuing last week's losses, as escalating trade tensions between the United States and China fuelled fears of an economic recession that could reduce crude demand.
No new US tariffs on Canada, Mexico oil or gas
President Donald Trump unveiled his “Liberation Day” tariffs on April 2, and the US, Canadian and Mexican oil and gas industries breathed a sigh of relief. No new tariffs have been imposed on oil or gas imports from Canada or Mexico to the US.
US revokes foreign firms’ Venezuela oil licences, Maduro urges them to stay
US authorities have revoked Spanish oil company Repsol's licence to export oil from Venezuela. Similar notifications have been delivered by the Office of Foreign Assets Control to France's Maurel et Prom and Italy's Eni.
Venezuela is latest US-China battleground for oil as Trump unveils more tariffs
Mixed reports have emerged on China's crude oil trade with Venezuela following Trump's directive that any country purchasing Venezuelan oil would face a 25% tariff
Canada's Trans Mountain pipeline to ship less crude than expected
Canada's Trans Mountain oil pipeline will ship less oil than expected from Alberta to the Pacific Coast over the next three years.
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