NorthAmOil - North America Oil & Gas
US seizure of Venezuelan tanker escalates standoff with Maduro
Trump offered no details on the ship’s destination or cargo but warned that “there are other things happening, you’ll see them later”
Russian gasoline prices now 8% pricier than US
Russian gasoline becomes 8% more expensive than US fuel as Moscow takes 60% of pump prices in taxes and levies.
Trump’s new Monroe Doctrine push puts Venezuela’s oil future at centre of market risks
Wood Mackenzie analysts said Venezuelan output could recover relatively quickly if operational support and financing improved
US pressure on Maduro revives trading frenzy in Venezuela’s defaulted PDVSA bonds
Escalating US pressure on Nicolás Maduro’s government has reignited investor attention on Venezuela’s long-defaulted sovereign and oil company debt
Western majors lobbying Ukraine to stop attacks on CPC oil export route, says analyst
Kazakhstan agrees new deal to pipe crude to China in response to drone raid that damaged Black Sea shipment terminal.
US threat spurs potential Venezuela supply shock, lifting heavy crude prices
A potential US military intervention in Venezuela could materially lift global oil benchmarks by removing a significant source of heavy crude from the market, according to analysis from Rystad Energy
US Chevron negotiates with Iraq to take over West Qurna-2 from Lukoil
Iraq has held discussions with US major Chevron over potential cooperation in developing the country’s oil and gas sector, as Baghdad moves to identify an operator to replace Russia’s Lukoil at the giant West Qurna-2 oilfield
Northern Iraqi oil arrives in US amid hope of energy market stability
Crude from the Kurdistan region has arrived in the US after months of shutdown, following a hard-won deal to reopen the strategic pipeline.
New Fortress Energy and Puerto Rico finalise seven-year LNG deal
US LNG developer New Fortress Energy has received final approval from Puerto Rico authorities to conclude a seven-year LNG supply deal.
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