NorthAmOil - North America Oil & Gas

British Columbia adjusts net-zero requirements for Canadian LNG projects

The British Columbian provincial government on Canada’s west coast has downgraded its net-zero requirements for planned LNG projects in the wake of mounting uncertainty surrounding hydroelectricity supplies.

Mubadala Energy enters US LNG sector with purchase of stake in Kimmeridge

Abu Dhabi-headquartered Mubadala Energy has expanded its footprint to the US by purchasing a 24.1% stake in alternative asset manager Kimmeridge’s SoTex.

TotalEnergies agrees to buy LNG from NextDecade in 20-year deal

French firm TotalEnergies has applied its LNG purchase option for Train 4 of NextDecade’s Rio Grande LNG plant.

Pakistan weighs first-ever US crude imports to ease trade imbalance

Pakistan is considering sourcing crude oil from the United States for the first time, as part of efforts to reduce its trade imbalance with Washington

Mexico suspends Valero fuel import permits

Mexico's tax authority SAT suspended US refiner Valero's fuel import permits on April 9, the company said on April 11, Argus Media reported.

Managing methane emissions in the Trump era: interview

Beyond an earnest desire to minimise the environmental impact of operations, it also pays for investors to take the issue seriously, Clayton Nash, the director of emissions solutions at Colorado-based Tegre, tells Newsbase.

Taiwan looks to cut US trade deficit with more LNG imports

As with most other US trading partners, Taiwan has been hit with an increase in tariffs by US President Donald Trump. To avoid those tariffs, Taiwan is proposing larger purchases of US LNG.

Canada's Poilievre pledges rapid resource project approvals as industry treads cautiously

The leader of Canada’s Conservative Party, Pierre Poilievre, who is running for Prime Minister, pledged this week to “rapidly” approve 10 major resource projects in the country if he is elected.

Venezuela’s oil sector navigates US sanctions, tariffs

Brookfield to buy Colonial Pipeline for $9bn

Brookfield Infrastructure Partners has struck a deal, alongside its institutional partners, to acquire 100% of the midstream asset portfolio Colonial Enterprises, including Colonial Pipeline, for $9bn.

Chevron reportedly planning to triple-frack half of Permian wells

US supermajor Chevron is reportedly planning to use a technique known as triple-frack, which allows it to fracture three wells at a time, across a growing share of its Permian Basin operations.

Taiwan eyes Alaska LNG project with investment limit

Taiwan is evaluating a potential investment in an Alaskan liquefied natural gas (LNG) project, with any stake limited to below 50%, according to Minister of Economic Affairs Kuo Jyh-huei.

Trump pauses tariffs for 90 days, Colombia still vulnerable

Although oil had been exempted from the 10% tariff on Colombia’s US imports, the Latin American country remains vulnerable.

Mexico explores fracking expansion to cut US gas dependence amidst tense trade relations

Mexico is considering boosting domestic fracking to cut its heavy reliance on US natural gas imports amid tense trade relations