NorthAmOil - North America Oil & Gas
Citgo auction extended as Venezuela's PDVSA wins key US court battle in $1.5bn debt dispute
A US federal judge has extended the deadline for bidding on Citgo Petroleum's parent company until June 2, following a significant New York court ruling that has reduced litigation risks surrounding Venezuela's most valuable overseas asset.
Quebec reconsiders reviving LNG export terminal in eastern Canada
Quebec finds itself in a seesaw battle as the province weighs whether to push ahead with the revival of the Energie Saguenay LNG project.
Venezuela's Citgo auction extended as US court ruling reduces litigation risk
A US federal judge has extended the bidding deadline for the sale of shares in Citgo Petroleum, Venezuela’s most valuable foreign asset, granting prospective buyers until June 2, 2025, to submit revised proposals
Woodfibre LNG receives first modules from China
Canada’s Woodfibre LNG project has reached another milestone with the delivery of the first seven modules to the location site.
South Africa proposes buying LNG from US as part of bilateral trade deal
South Africa has offered to buy liquefied natural gas (LNG) from the United States over a 10-year period as part of proposals to secure a trade deal, according to a ministerial statement posted on the government news agency SA News' website.
US invites Japan, South Korea and Taiwan to Alaska for energy talks amid trade tensions
Donald Trump has long urged allies including Japan and South Korea to increase purchases of American energy, frequently tying these demands to tariffs and broader trade discussions.
INTERVIEW: Revamping oil and gas learning
The University of Calgary, located in Canada’s oil and gas heartland of Alberta, will relaunch its oil and gas engineering major this September, after suspending the programme in 2021 because of dwindling enrolment numbers.
BLOG: Efforts to tackle methane emissions continue, despite Trump’s regulatory rollback
Momentum behind improved methane monitoring, quantification and mitigation continues to build in the US – even without the same regulatory pressure.
Renewables could cut Mexico's dependence on US gas imports, study shows
Mexico could reduce reliance on imported US natural gas by 20% through renewable energy expansion, achieving Mexican President Claudia Sheinbaum's target of 45% clean electricity generation by 2030
Enbridge selling $516mn stake in Westcoast pipeline to indigenous groups
Canada’s Enbridge has struck a deal to sell a 12.5% stake in its Westcoast gas pipeline system to Stonlasec8 Indigenous Alliance, a group representing 36 First Nations in British Columbia, for CAD715mn ($516mn).
Continental files lawsuit against Hess, alleging fraud
Privately owned shale producer Continental Resources has filed a lawsuit alleging that it has been defrauded out of up to $69mn through a series of deals that Hess had made with its subsidiaries.
China’s Guangdong Pearl River strikes LNG deal with ConocoPhillips
China’s Guangdong Pearl River Investment Management Group has signed a 15-year LNG sale and purchase agreement with ConocoPhillips, with supply thought likely to be coming from the US.
US shale producers pull back as oil prices languish
US shale producers are talking about scaling back activity, and while this comes as a response to lower oil prices, there is broader speculation about shale peaking
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