NorthAmOil - North America Oil & Gas
Just 111 of the world’s biggest companies are causing $28 trillion worth of climate damage, says study
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
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
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
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
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
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
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
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
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
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
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
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.
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