NorthAmOil - North America Oil & Gas
Trump U-turns on $5bn offshore wind farm off New York in return for gas deal
The Trump administration has reversed its decision and is now allowing oil giant Equinor’s under-construction $5bn Empire Wind 1 project to proceed off New York.
Trump U-turns on $5bn offshore wind farm off New York in return for gas deal
The Trump administration has reversed its decision and is now allowing oil giant Equinor’s under-construction $5bn Empire Wind 1 project to proceed off New York.
TotalEnergies agrees to 20-year LNG purchase deal with Canada’s Ksi Lisims
Canada’s fledgling LNG sector has scored another win, with the proposed Ksi Lisims LNG project taking a key step forward after the announcement on May 19 of a 20-year offtake agreement with TotalEnergies.
DOE completes LNG study, signalling restart of non-FTA export permits
The US Department of Energy released its final study on the impact of additional LNG exports, ending the temporary pause on approval permits for new projects exporting to non-Free Trade Agreement countries.
Japan under pressure from US over investment in Alaska LNG pipeline
Japan’s participation in the $44bn initiative remains far from assured. Concerns persist within the energy sector over both the commercial feasibility and the long-term viability of the pipeline.
Strathcona to sell Montney assets while buying Hardisty rail terminal
Canada’s Strathcona Resources has agreed to sell its assets in the Montney shale play in three separate transactions worth a combined CAD2.84bn ($2.03bn), while buying the Hardisty rail terminal.
ConocoPhillips warns of risk of output cuts amid ongoing portfolio optimisation push
ConocoPhillips has warned that producers could scale back oil output if crude prices remain low.
Shell reportedly delays start-up of two additional Perdido wells
Shell has delayed the start-up of two out of three additional wells designed to boost production from its Perdido development in the deepwater US Gulf of Mexico.
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