NorthAmOil - North America Oil & Gas

US DoE issues non-FTA export permit for second phase of Port Arthur LNG

The US Department of Energy has approved exports from the planned second phase of the Port Arthur LNG terminal to countries with which the US does not have a free-trade agreement.

Trump administration cancels over $3.7bn in clean energy funding

The administration of US President Donald Trump has cancelled over $3.7bn of funding for clean energy projects that had been awarded by the previous administration under Joe Biden.

Wildfires temporarily knock out oil sands production

Wildfires in the Canadian province of Alberta have resulted in more than 344,000 barrels per day of oil sands production being disrupted.

Viper to buy Sitio for $4.1bn in Permian boost

Diamondback’s Viper Energy subsidiary is expanding its minerals and royalties presence via the $4.1bn acquisition of Sitio Royalties

Petronas denies Canada exit, reaffirms commitment to LNG investment

Malaysian energy giant Petroliam Nasional Bhd (Petronas) has rejected claims that it is planning to exit Canada, asserting its long-term commitment to the country’s energy sector

EOG to expand in Utica with $5.6bn Encino acquisition

EOG Resources has struck a deal to acquire Encino Acquisition Partners from the Canada Pension Plan Investment Board and Encino Energy for $5.6bn.

IGU on LNG risks and opportunities

Venture Global begins site work at CP2 after federal approval

Ambitious US LNG producer Venture Global has reached another milestone announcing that it has broken ground on Calcasieu Pass 2 its third LNG facility.

Nigeria increases crude exports to US following technical issues at Dangote refinery

Nigeria has increased its crude exports to the US to 364,000 barrels per day from 358,000 bpd following a reduction of daily fuel production at 650,000 bpd Dangote refinery between April and May.

Japan’s JERA expresses interest in Alaska LNG project

Japan’s largest oil and gas trader, JERA, has indicated it is interested in purchasing LNG from the proposed Alaska LNG project, as a delegation of top energy and government officials prepares to travel to the US for negotiations.

Iraqi-US relations sour following deal with Kurdistan Regional Government

Iraq’s position on the US oil sector investment has soured, with the country filing a lawsuit on May 26 that accused the US government of allowing companies under its control to agree to oil exploration and production deals directly with the KRG.

Chevron shareholder votes illustrate declining appetite for investor resolutions

Chevron shareholders have rejected three stockholder proposals, illustrating the declining investor appetite for proposals on ESG matters.

Glenfarne selects Worley for additional Alaska LNG pipeline work

Glenfarne Alaska LNG announced on May 27 that it had selected Worley to carry out additional engineering work and prepare a final cost estimate for the planned Alaska LNG pipeline.

Cheniere strikes deal to buy gas from CNRL

US LNG exporter Cheniere Energy has struck a deal to buy natural gas from Canadian Natural Resources Ltd (CNRL).

Chevron ends Venezuelan oil production, investment, exports

Chevron has ended its oil production contracts in Venezuela, after its US licence to operate there was cancelled.

Chevron ends Venezuelan oil production, investment, exports

Chevron has ended its oil production contracts in Venezuela, after its US licence to operate there was cancelled.