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The publication continues to provide weekly coverage of upstream, midstream and downstream news, spanning shale oil and gas, LNG, oil sands, transport by pipeline and rail, company performance and regional energy policy – on both national and state or provincial levels. NorthAmOil provides regular updates on the status of major proposed projects in both the US and Canada. The publication also looks at more distant prospects, such as offshore Arctic drilling.
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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
Iraq's June crude exports to US fall to 1.35mn barrels, EIA says
Iraq exported 1.35mn barrels of crude oil to the US in June, down from 1.62mn barrels in May, according to the US Energy Information Administration (EIA).
US LNG player MidOcean gets $1.1bn backing from UAE royal family member
The companies also plan to collaborate on future investments in energy and related infrastructure across the region.
Latin American countries import 55% more LNG from US in June
US liquefied natural gas exports to Latin America and the Caribbean hit a 37-month peak in June, reaching 48.84bn cubic feet (1.38bn m3), S&P Global reported.
Canada pledges to accelerate four LNG projects
Canada and the provincial government of British Columbia inked a cooperation agreement to speed up development of four large LNG projects.
UAE’s XRG buys stake in Trains 4 and 5 of Rio Grande LNG
XRG, a wholly-owned subsidiary of the Abu Dhabi National Oil Company (ADNOC), has acquired an interest in Trains 4 and 5 of the Rio Grande LNG plant owned by NextDecade
Glenfarne issues Limited Notice to Proceed to Kiewit for Texas LNG
US LNG developer Glenfarne Group has granted Limited Notice to Proceed to American contractor Kiewit for its Texas LNG export terminal located at the port of Brownsville.
OPEC+ members stick together with latest output raise
OPEC+’s seven core producers have agreed a modest easing of voluntary supply curbs from August, signalling a cautious, coordinated shift in strategy rather than a wholesale change of direction.
Iraq’s US‑led energy realignment shapes production, exports and power
Iraq is deepening ties with US energy firms to reshape crude output, export routes and electricity supply, concentrating influence over future incremental barrels and grid resilience
Ottawa will not curb oil and gas growth to meet near-term emissions targets
Ottawa will not curb oil and gas growth in order to meet nearer-term emissions targets, making them further out of reach.
San Mateo Midstream to buy Cardinal Midstream for $752mn
San Mateo Midstream has agreed to acquire the operating subsidiaries of Cardinal Midstream Partners, a portfolio company of EnCap Flatrock Midstream, for $752mn.
Shell to sell Na Kika stake to Talos, Ridgewood for $1.7bn
Shell Offshore has agreed to sell its 50% non-operated interest in the Na Kika platform to subsidiaries of Talos Energy and Ridgewood Energy for a total of $1.7bn.
Venezuela bonds slide as earthquake damage clouds debt restructuring outlook
Venezuelan sovereign bonds and debt issued by state-owned PDVSA have extended their decline after last week's earthquakes, as investors reassess the country's economic prospects and brace for a tougher debt restructuring
Venezuela oil output poised to recover as US broadens export authorisations
Expanded US authorisations for companies trading Venezuelan crude are set to lift the country's oil production back to levels seen before Washington's December naval blockade by the end of the second quarter of 2026
Ukraine's Naftogaz holds US LNG talks
Naftogaz said the meetings took place with representatives of the US Department of State, the Department of Energy, the US International Development Finance Corp. and the US EXIM Bank.
US imports of Iraqi oil fall to 4.029mn barrels in April 2026
US imports of crude oil and petroleum products from Iraq fell sharply in April 2026, declining to 4.029mn barrels from 7.943mn barrels in March.
Venezuela says oil output holds at 1.2mn barrels a day despite earthquakes
Venezuela's crude production has remained steady at 1.2mn barrels a day despite the twin earthquakes that struck the country on June 24, Hydrocarbons Minister Paulo Henao said
Energy statistics show we remain an overwhelmingly fossil fuel-based world
Renewables are growing fast, but oil and gas by far still dominate the global energy system.
Shell predicts 65% surge in LNG demand by 2050
Global LNG trade reached 422mn tonnes in 2025 and had been expected to rise significantly this year.
Gold Reserve commits $1mn to Venezuela earthquake relief
Gold Reserve Ltd. said it will donate $1mn to support emergency relief and reconstruction efforts in Venezuela following the catastrophic earthquakes that struck the country on June 24
Shell pledges $5mn for Venezuela earthquake relief
Shell said it will provide $5mn in humanitarian assistance to support relief and recovery efforts in Venezuela following the earthquakes that struck the country on June 24
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