NorthAmOil - North America Oil & Gas
Vietnam’s demand boosts prospects for US ethanol exports
Vietnam is emerging as an increasingly important destination for US ethanol, driven by stronger biofuel policies and rising fuel consumption.
Abu Dhabi's ePointZero acquires US mistream company Traverse Midstream Partners for $2.25bn
Abu Dhabi-backed investment company ePointZero Group has completed its $2.25bn acquisition of US midstream company Traverse Midstream Partners.
LNG Canada reaches equity deal with 5 First Nations
Shell-operated LNG Canada and its joint venture partners have agreed to an equity option agreement with MNT Investments, a limited partnership consisting of the economic development organizations of five neighbouring First Nations.
Trump says US controls Venezuelan oil, signals push for allies to share security costs
US President Donald Trump said the US controls Venezuela's vast oil resources, linking the country's energy wealth to a broader argument that Washington should be compensated by allied nations
US LNG exports to Latin America unlikely to stay at three-year high as regional supply pressures ease
Tanzania delays $420mn Canadian-backed gas-to-liquids plant pending gas supply assurance
Tanzania has delayed signing a gas supply agreement needed to advance a planned $420mn gas-to-liquids (GTL) plant, with state-owned Tanzania Petroleum Development Corporation saying natural gas will remain prioritised for electricity generation
Shell delivers US LNG cargo to Bulgargaz for winter storage
UK-based energy company Shell has delivered a cargo of US LNG to Bulgaria's state-owned gas supplier Bulgargaz via the Alexandroupolis LNG terminal in Greece.
OPEC’s leverage narrows as war and exits reshape supply
Sanctions on Iran, war‑time disruptions and the UAE’s departure from OPEC have eroded the cartel’s capacity to shape prices, leaving it increasingly reactive and internally constrained
Report: Global LNG trade climbs by 6% in 2025
Global LNG trade experienced a banner year in 2025 rising by 6.3% to reach a record volume of 437 mn tonnes, according to the International Gas Union’s World LNG Report .
Europe is heading for gas volume crunch this winter, Eni chief warns
Europe is heading towards a shortage of physical gas supplies rather than another spike in prices, according to the head of Italy's energy major Eni, who warned that the continent faces its tightest supply buffer since the 2022 energy crisis.
Venezuela faces pressure to fast-track landmark debt overhaul after earthquakes
The government aims to complete the initial stages of restructuring sovereign and PDVSA debt, launched in May, by November to unlock foreign investment in sectors including oil and power
Wildcatters rush into Venezuela oil bet despite earthquake fallout
Independent oil investors are pressing ahead with plans to re-enter Venezuela following the US capture of Nicolás Maduro, betting they can revive the country's struggling energy sector despite the disruption caused by earthquakes
Venezuela uses oil windfall and tight liquidity to bring exchange rates closer
Venezuela has reduced the difference between its official exchange rate and the parallel market by combining larger dollar sales with tighter monetary policy, easing pressure on prices even as the economy faces fresh disruption from two earthquakes
Venezuela sets oil tax framework under new hydrocarbons regulations
Venezuela's new regulations implementing the reformed Organic Hydrocarbons Law have taken effect following their publication in Extraordinary Official Gazette No. 7.052
Venezuela oil rules remove PDVSA from industry framework
Venezuela's interim government has unveiled sweeping oil regulations that dismantle the long-standing dominance of Petróleos de Venezuela SA over the country's energy industry, opening every stage of the business to private operators
Sempra’s Energia Costa Azul exports first LNG cargo from Mexico plant
US LNG developer Sempra exported its first cargo from its Energia Costa Azul LNG project located in Ensenada, Mexico.
Baker Hughes receives equipment awards for Sabine Pass LNG expansion
Baker Hughes said this week that it had received three awards to supply equipment for the upcoming expansion of Cheniere Energy’s Sabine Pass LNG project.
Alberta pushes new pipeline proposals
Alberta has proposed two separate oil pipelines, heading both east and west.
BP to sell Bay du Nord interest to operator Equinor
BP has reached an agreement to sell its non-operated interest in the Bay du Nord project offshore Newfoundland and Labrador, Canada, to operator Equinor.
Vitol eyes Venezuela expansion as oil sector draws fresh investor interest
Commodity trader Vitol is preparing to establish a presence in Venezuela as international interest in the country's oil industry gathers pace
Venezuela enacts hydrocarbons rules to open sector to private investment
Venezuela's government has enacted regulations implementing reforms to the Organic Hydrocarbons Law, completing a legislative overhaul designed to expand private participation in the country's oil and gas industry
Follow us online