NorthAmOil - North America Oil & Gas
Hess still targets Guyana’s Stabroek, block is central to contested Chevron acquisition
Hess Corp. directed most of its capital and exploratory expenditures to Guyana in Q1 2025, the company has announced, underscoring the South American nation's growing significance in the company's global portfolio.
Venture Global’s CP2 gets environmental approval, FID expected mid-year
US LNG giant Venture Global’s Calcasieu Pass 2 project has been given the go-ahead from federal regulators in a final environmental report for the megaproject.
Glencore finalises 20-year supply deal with Commonwealth LNG
Multinational commodity trader and mining firm Glencore has agreed to a 20-year offtake contract with Commonwealth LNG.
Aramco signs MoU with NextDecade and Sempra
State-run Saudi Aramco has agreed to a memorandum of understanding with US LNG producers Sempra and NextDecade.
Expansion of Cedar LNG appears likely amid strong demand for Canadian LNG
Canada’s Cedar LNG is experiencing strong interest from Asian buyers, with early-stage negotiations pointing to a possible expansion terminal being added to the project.
Japan’s Eneos pivots investment from hydrogen to LNG
Japanese energy company Eneos Holdings will shift investment from hydrogen to LNG and sustainable aviation fuel.
BLOG: Don't be afraid of the great gas glut
We are on the brink of a serious glut in global LNG supply – some will say. Global gas prices are indeed set to fall and the market loosen over the coming years, thanks mainly to the US and Qatar.
ExxonMobil, Marubeni sign offtake agreement for low-carbon ammonia
ExxonMobil and Japan’s Marubeni have signed a long-term offtake agreement for the supply of roughly 250,000 tonnes per year of low-carbon ammonia from ExxonMobil's planned facility in Texas.
US industry group reportedly calls for LNG exemption from Trump’s new rules for exports
A US energy industry group is reportedly asking the administration of US President Donald Trump to exempt LNG tankers from new rules that will require producers to transport an increasing percentage of their exports on US-built vessels.
Crescent Energy reportedly weighing asset sales
US oil and gas producer Crescent Energy is reported to be considering the disposal of some of its non-core assets.
ExxonMobil, Chevron report reduced profits, brace for market volatility
Supermajors ExxonMobil and Chevron both reported lower first-quarter profits compared with a year ago, while bracing for the impact of tariffs and low crude prices
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