NorthAmOil - North America Oil & Gas
Halliburton eyes Venezuela return as oil sector reopens
Halliburton Co. has entered talks with customers over a potential return to Venezuela, signalling renewed activity in the country’s oil services sector amid shifting political and regulatory conditions
Phillips 66, Kinder Morgan to proceed with Western Gateway pipeline
Phillips 66 and Kinder Morgan announced this week that they had secured enough shipper commitments to move forward with development of the Western Gateway refined product pipeline.
Brazil’s Alvorada expands Venezuela bet as sanctions easing fuels oil ambitions
A Brazilian oil firm is accelerating its push into Venezuela, wagering that looser US sanctions and shifting political conditions will unlock growth in one of the world’s largest hydrocarbon basins
Venezuela creditors engage Trump officials as debt talks loom
Discussions also touched on attempts to restore output in key sectors such as oil, gas and mining, highlighting the importance of energy in any recovery plan
Venezuela oil output rebounds in March, exports climb
Venezuela’s oil production rose sharply in March, signalling a recovery in the sector following disruptions earlier in the year, according to the International Energy Agency.
Oil price divergence in a time of crisis
Machado courts Spanish backing, eyes energy investment in Venezuela
Machado argued that global developments have underscored the importance of reliable partners in the West, pointing to the country’s capacity in oil, gas and electricity
Proposed LNG export terminal in Manitoba contingent on start-up by 2030
A proposed LNG export facility in the northern Manitoban community of Churchill needs to be operating by 2030 if it is to get any federal support.
Edison warns that QatarEnergy may extend force majeure past mid-June
Italian energy firm Edison is cautioning that QatarEnergy may need to prolong its force majeure on gas deliveries beyond its earlier set timeline of mid-June.
Energy-hungry Europe considers buying Canadian LNG shipped via the Panama Canal
European LNG buyers were already exploring options to buy LNG from Canada amid the US’s tariff threats, but the Middle East conflict has turbocharged the pursuit.
Carney leads middle power coalition drive as CANZUK gains traction
Canada's Mark Carney is driving a middle power alliance push through CANZUK and a wider variable-geometry foreign policy, backed by NATO 2% defence spending this year and plans for a Defence, Security and Resilience Bank.
Venezuela engages oil majors ConocoPhillips and ExxonMobil, Repsol inks agreement
Delcy Rodríguez said authorities have been holding discussions with multiple companies and recently signed an agreement with Chevron to expand its operations
Trump issues Presidential permits for handful of oil pipelines
US President Donald Trump issued a handful of pipeline permits this week for projects relating to the transport of crude oil and petroleum products between Canada and the US.
EagleRock reportedly exploring US IPO worth up to $2bn
Permian Basin royalty firm EagleRock is reportedly exploring an initial public offering (IPO) in the US.
Activity advances in US Gulf
Oil and gas operators are continuing to invest in deepwater developments, as illustrated by recent announcements.
US energy envoy visits Caracas as Chevron deal signals deepening oil ties
The agreement, signed at Miraflores Palace, increases Chevron’s stake in the Petroindependencia joint venture to 49% and grants access to develop the Ayacucho 8 block as part of the Petropiar project with state-owned Petróleos de Venezuela
Chevron expands Venezuela footprint with Orinoco deals
Chevron Corp. has struck two agreements with Venezuela’s interim government that will allow the US oil major to consolidate and expand its position in the country’s extra-heavy crude sector, reinforcing its dominance in the Orinoco Oil Belt
Venezuela oil output rebounds in march as exports climb, IEA Says
Venezuela’s oil production rose sharply in March, signalling a recovery in the sector following disruptions earlier in the year, according to the International Energy Agency (IEA)
Venezuela confirms PDVSA leadership as Rodriguez’s government revamps executive team
Venezuela’s interim president Delcy Rodríguez has ratified Héctor Andrés Obregón Pérez as president of state oil company Petróleos de Venezuela SA, reaffirming leadership at the core of the country’s energy sector
Venezuela oil exports jump after Maduro’s capture, output expands
“In round numbers, probably 150mn barrels of Venezuelan oil have been sold — probably a little more than that, but something like that — since Jan. 3,” Wright said at an event in Washington
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