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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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OPEC members boost July output, agree small uptick
NorthAmOil: Keystone back online
Deal a double-edged sword for climate activists
EQT continuing talks with LNG players
US natural gas producer EQT is continuing talks with LNG players as it continues to explore opportunities in the space.
Keystone pipeline returns to normal service
The Keystone pipeline, which carries crude from Canada’s oil sands to the US, resumed normal service on July 23 following a nearly week-long reduction in capacity that had resulted from damage to a third-party electric substation.
Schlumberger beats second-quarter expectations
Oilfield services giant Schlumberger said last week that it had more than doubled its net profit for the second quarter of 2022.
Ottawa may give oil and gas industry more time to meet 2030 emissions targets
The Canadian government may consider giving the oil and gas industry more time to meet federal 2030 greenhouse gas emissions-cutting targets.
Shell to acquire Shell Midstream Partners in nearly $2bn deal
Shell announced this week that it had reached an agreement to acquire its Shell Midstream Partners master limited partnership for $1.96bn.
Cheniere signs LNG supply deal with Thailand’s PTT
US LNG producer Cheniere Energy announced this week that it had struck a deal to supply the super-chilled fuel to a unit of Thailand’s PTT.
US, Canada raise concerns over Mexican energy policy
Washington and Ottawa have requested that Mexico City review key provisions of its energy policy under USMCA.
Oil sands producers considering nuclear to power operations
Producers in Canada’s oil sands are exploring the possibility of using small modular reactor nuclear technology to power their operations.
Woodside outlines plans for GoM development
ConocoPhillips, Shell consider GoM sales
Halliburton posts improved results
NorthAmOil: Halliburton posts improved results
Court upholds Nexus pipeline approval
The US Court of Appeals for the District of Columbia (DC) Circuit last week upheld the Federal Energy Regulatory Commission’s (FERC) approval of the already operational Nexus Gas Transmission pipeline.
Delfin signs SPA for planned offshore LNG project
Delfin Midstream finalised a sale and purchase agreement (SPA) this week with commodity trader Vitol for offtake from its planned floating LNG (FLNG) export terminal in the US Gulf of Mexico.
Tellurian to buy Haynesville assets from EnSight
US LNG developer Tellurian announced this week that its production unit had agreed to buy natural gas assets in Louisiana’s Haynesville shale play from privately owned EnSight IV Energy Partners and EnSight Haynesville Partners.
Biden administration weighs options for Willow
The administration of US President Joe Biden is considering a range of options for ConocoPhillips’ proposed Willow project in Alaska after the initial approval for the development was overturned by a court last year.
Citgo says it would be willing to import Venezuelan crude with US government’s permission
Citgo Petroleum, a US-based downstream affiliate of Venezuela’s national oil company PdVSA, indicated last week that it was willing to resume imports of Venezuelan crude if the US government authorised it to do so.
ConocoPhillips to take 30% stake in Port Arthur LNG
ConocoPhillips has entered into a heads of agreement (HoA) to acquire a 30% stake in Sempra’s proposed Port Arthur LNG export project in Texas, it emerged this week.
Suncor CEO steps down following new fatality
Suncor Energy’s president and CEO, Mark Little, has stepped down from his role following another worker fatality at a site operated by the company.
NorthAmOil: Suncor CEO steps down following new fatality
Suncor Energy’s president and CEO, Mark Little, has stepped down from his role following another worker fatality at a site operated by the company.
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