NorthAmOil - North America Oil & Gas
Technip wins Commonwealth LNG EPC contract
Technip Energies has been awarded an engineering, procurement and construction contract by the Commonwealth LNG project.
Oxford sees oil firms’ return as lifeline for Venezuela’s economy but warns bonds still risky
Oxford Economics says the re-entry of Chevron and other international oil companies into Venezuela could stabilise crude output and ease currency pressures
Chevron, Valero move to restart Venezuelan heavy crude supply after new US licence
Chevron and Valero Energy are advancing talks to reinstate a supply agreement for Venezuelan heavy crude oil destined for US refineries, sources familiar with the matter said, following the issuance of a fresh licence to Chevron
Venezuelan oil exports slip 10% in July as Chevron awaits full US approval
Venezuela’s crude shipments declined nearly 10% in July from the previous month as key partners of state oil company PDVSA awaited expanded authorisations from Washington, according to vessel tracking and internal documents
Venezuela downplays Chevron’s role as US licence limits operations in the country
Venezuelan Minister of Interior Diosdado Cabello dismissed concerns over the future of Chevron’s operations in the country, asserting that the nation is not dependent on the US oil major
EU-US $750bn energy deal will undermine bloc's climate targets
The EU’s plan to invest approximately €700bn in oil, natural gas and nuclear imports from the US over the next three years has raised concerns that it could undermine the bloc’s climate targets for 2030.
LNG Canada awards engineering contract for plant’s expansion
LNG Canada has taken another key step forward towards sanctioning Phase 2 with the announcement on August 1, that it has awarded a front-end engineering and design contract for the project’s expansion.
Canada’s Woodfibre LNG grapples with rising costs
Canada’s Woodfibre LNG project is battling with climbing costs, stakeholder Enbridge revealed on a conference call.
PDVSA Ad Hoc board faces scrutiny over legal spending and worker claims
Venezuelan economist Francisco Rodríguez has accused PDVSA’s US-based Ad Hoc Administrative Board, led by Horacio Medina, of diverting significant resources to contest legal claims by more than 20,000 former oil workers in US courts
Chevron’s Venezuela oil restart stalls as refineries await shipments
Chevron Corp. has yet to dispatch any Venezuelan crude to US refiners nearly a week after receiving authorisation from the Trump administration to resume production, leaving Gulf Coast processors in limbo amid tight global supplies
Venezuela insists Chevron must pay despite sanctions restrictions
Venezuelan Interior Minister Diosdado Cabello dismissed suggestions that Chevron's renewed operations in the country would allow the US oil major to extract crude without paying royalties
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