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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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Chevron agrees to 20-year LNG sales and purchase agreement with Energy Transfer
US firm Energy Transfer will supply LNG to supermajor Chevron in a long-term sales and purchase agreement.
Venture Global files to list on New York Stock Exchange
US LNG producer Venture Global has filed for an initial public offering, ending over a month of speculation.
Taiwanese semiconductor maker expresses interest in Canadian LNG
The Taiwan Semiconductor Manufacturing Company (TSMC) is looking to Canada for LNG as the world’s biggest producer of semiconductor chips experiences tremendous growth.
LatAmOil: Trump's return could threaten Venezuela oil sanctions thaw
Trump's return could threaten Venezuela oil sanctions thaw
US President-elect Donald Trump's return to the White House is set to reshape Washington's approach to Venezuelan oil policy, as analysts debate whether his administration will revive the "maximum pressure" campaign that marked his first term.
Argentine asset manager sentenced in Venezuelan corruption case tied to Maduro’s family
Fernando Vuteff, an Argentine financier, was sentenced to two and a half years in a US prison for his role in laundering funds embezzled from Venezuela’s state oil company, PDVSA
US judge orders reopening of Citgo auction data room to allow for fresh bids
A US judge overseeing the auction of Citgo shares has agreed to reopen the virtual data room to allow potential buyers to prepare new bids, following pressure from creditors
DoE’s long-awaited LNG study cautions against new permits
The US Department of Energy (DoE) released its study on the economic, environmental and national security implications of new LNG export permits on December 17, with the findings cautioning against a business-as-usual approach.
US oil majors mulling supplying power to data centres from gas-fired plants
ExxonMobil and Chevron are mulling supplying electricity directly to data centres, including those that operate power-hungry AI.
Canadian oilsands giants predict higher output in 2025
Despite Trump’s tariff threats, Canada's largest oil producers are forecasting higher production in 2025 based on solid demand for Canadian output. They aim to spend CAD13bn ($9.1bn).
Canada sets new emissions goal of 45-50% cut by 2035
Canada, the world’s fourth largest oil producer, plans to reduce emissions by 45-50% below 2005 levels by 2035, the environment ministry recently announced.
US will be world’s top crude producer in 2024 for seventh consecutive year, says EIA
The US is likely to be the world’s largest producer of crude this year for the seventh year in a row, says the Energy Information Administration.
DoE’s long-awaited LNG study cautions against new permits
The US Department of Energy released its study on the economic, environmental and national security implications of new LNG export permits on December 17, with the findings cautioning against a business-as-usual approach.
US Supreme Court declines to hear appeal over California’s aggressive vehicle emissions rules
The US Supreme Court has announced it will not hear an appeal from conservative states and fuel sellers that challenged California’s strict car emission rules.
FERC review holding up DOE’s approval of Commonwealth and CP2 projects in US
Two planned LNG projects in Louisiana are currently being held up by the Federal Energy Regulatory Commission, the Department of Energy said.
Offshore oil is "the new shale", says Kpler analyst
Offshore oil production “is the new shale,” set to drive future output gains, says Viktor Katona, head of oil analysis at global trade intelligence firm Kpler.
Venture Global’s Plaquemines facility begins producing LNG
Venture Global has begun producing LNG at its Plaquemines export terminal in Louisiana, the upstart LNG developer announced on December 14.
ExxonMobil seeks to safeguard right of first refusal for Guyana block in Hess Corp. sale to Chevron
ExxonMobil has reinforced its stance on preserving the right of first refusal in Hess Corp's Guyana oil assets, with top executives underlining the company's pivotal role in developing the country's offshore fields.
ExxonMobil seeks rapid oil expansion in Guyana, raising 2030 output target
ExxonMobil is looking to ramp up its expansion plans for its Guyana operations, targeting a production capacity of 1.7mn barrels per day of oil by 2030.
Gradient Geothermal wants to use old oil, gas wells for clean renewable energy
Abandoned US oil and gas wells could be used to heat homes if Gradient Geothermal’s feasibility study in rural Colorado is successful.
ExxonMobil, Chevron release capex and production plans
ExxonMobil, the western world’s largest oil company, on December 11 unveiled a plan to up its spending on oil production, while its smaller rival Chevron said the week before it would reduce its capex while also increasing production.
Canadian Natural Resources completes $6.5bn purchase of Chevron’s Alberta assets
Canadian Natural Resources has completed the acquisition of Chevron Canada's Alberta assets for $6.5bn in cash.
Biden proceeds on auction in Alaska wildlife refuge but limits size
The administration of Joe Biden has announced that rights to drill in the northwest Arctic National Wildlife Refuge in Alaska will be auctioned on January 9, on the eve of the pro-drilling president-elect Donald Trump taking office.
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