NorthAmOil - North America Oil & Gas

10 July 2025

Just 111 of the world’s biggest companies are causing $28 trillion worth of climate damage, says study

8 July 2025

Just 111 of the world’s largest fossil fuel companies are collectively responsible for an estimated $28 trillion in climate-related economic damage, and just ten of those companies are responsible for half of that total.

Trump administration grants final window for Venezuelan LPG trade

8 July 2025

The US has provided a final grace period for companies to complete liquefied petroleum gas shipments from Venezuela, extending authorisation until September 5 for cargoes loaded before this week's deadline.

Gold Reserve emerges as top bidder in Venezuela’s Citgo auction with $7.38bn offer, bondholders object

7 July 2025

Canadian mining firm Gold Reserve has been selected as the leading bidder in the court-supervised auction of Citgo Petroleum’s parent company, PDV Holding, according to documents cited by Reuters

US LNG exports drop in June

4 July 2025

Exports of LNG from the US dipped in June to 8.4mn tonnes falling from 8.9mn tonnes in May.

Golden Pass asks US regulators for permission to export LNG in the fall

4 July 2025

ExxonMobil and QatarEnergy’s joint venture Golden Pass LNG has requested permission from US regulators to re-export LNG beginning in October.

Global LNG liquefaction capacity to grow 37% by 2028: GIIGNL

4 July 2025

Global LNG liquefaction capacity is expected to grow by 37% to over 672.1mn tonnes per year by 2028 as producers commission around 180mn tpy of new capacity.

Venture Global raises concern with US regulators over Commonwealth LNG’s waterway plan

4 July 2025

Letter to regulators warns that existing plants could face shipping difficulties if new facility gets the green light.

Venture Global signs 20-year LNG supply deal with Petronas

4 July 2025

US LNG producer Venture Global has agreed to sell 1mn tonnes of LNG over a 20-year contact to Malaysia’s state-owned oil and gas company Petronas.

ARC closes $1.2bn acquisition as Strathcona exits Montney

3 July 2025

Canada’s ARC Resources has completed its acquisition of Montney shale assets in the Kakwa region of Alberta from Strathcona Resources.

Supreme Court to decide on where Line 5 case should be heard

3 July 2025

The Supreme Court this week has agreed to hear whether a lawsuit over Enbridge’s Line 5 pipeline belongs in federal or state court.

Hopes and fears for Permian associated gas amid oil pullback

3 July 2025

Producers in the Permian Basin could start turning their attention to natural gas, but the picture is complicated.

Gold Reserve-led group to secure Venezuela's Citgo parent in Delaware court auction

3 July 2025

A consortium led by Gold Reserve Ltd. is set to be recommended as the top bidder for the parent company of Citgo Petroleum Corp., marking a key milestone in Venezuela’s prolonged creditor dispute.