NorthAmOil - North America Oil & Gas

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Oil & Gas

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Overview

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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US grants Chevron partial waiver from sanctions on Venezuela

2 December 2022

The US Treasury Department has given Chevron limited authorisation to resume oil production in Venezuela.

NorthAmOil: ExxonMobil, MHI to deploy CO2 capture technology

1 December 2022

ExxonMobil and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers.

TC Energy approved to expand NGTL

1 December 2022

Canada’s TC Energy has been approved to expand its Nova Gas Transmission Line (NGTL) gas pipeline system, which connects some 75% of Canada's overall production to domestic and export markets.

Enbridge, Oxy to explore building CO2 pipeline and CCS hub

1 December 2022

Canada’s pipeline company Enbridge and Oxy Low Carbon Ventures, a subsidiary of Occidental, will work towards jointly developing a CO2 pipeline and sequestration hub near Corpus Christi, Texas.

Cook Inlet acreage auction to be held this month

1 December 2022

The administration of President Joe Biden plans to offer 958,000 acres for commercial oil and gas activity in Alaska’s Cook Inlet in an auction on December 30. As many as 193 blocks will be offered.

Suncor to keep Petro-Canada retail business

1 December 2022

Suncor says it will retain its Petro-Canada retail business. The gas station chain, with 1,600 locations, sells an estimated 18% of Canada’s retail fuel.

ExxonMobil, MHI to deploy CO2 capture technology

1 December 2022

ExxonMobil and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers.

Next wave of US LNG projects advances

1 December 2022

The next wave of US LNG export capacity is advancing, with various announcements relating to particular projects being made recently.

COP27 – Canada faces criticism for oil and gas stance

27 November 2022

Though global delegates have left COP27 in Sharm El-Sheikh, the criticism of Canada’s stance on fossil fuels is still sharp.

Natural gas trade between Canada and US lower but still important – EIA

27 November 2022

Gross imports of dry natural gas from Canada accounted for, on average, 8% of US supply as of the end of August, said the US Energy Information Administration (EIA). In 2005, 17% of the total US supply of dry natural gas was imported from Canada.

FERC completes review of TC Energy gas pipeline

26 November 2022

The Federal Energy Regulatory Commission completed a review of plans to expand the capacity of TC Energy’s Gas Transmission Northwest (GTN) pipeline. The commission found the project would have little adverse impact.

BLM announces lease sale in Nevada and Utah

26 November 2022

The US Bureau of Land Management has announced the lease sale of more than 40,000 hectares of land in Nevada and Utah.

Ranger Oil mulls sale

26 November 2022

Eagle Ford oil and gas producer Ranger Oil is exploring a sale, reports Reuters exclusively.

Canada’s oil and gas industry reacts to Ottawa's share buyback tax plan

24 November 2022

Canada’s oil and gas industry is assessing the potential impact of Ottawa’s plan to tax share buybacks but is unlikely to be deterred from further buybacks in the future.

APA mulls selling acreage in SE Texas

21 November 2022

APA, formerly known as Apache, is considering selling some 85,790 hectares of shale play in south-east Texas, reports Reuters. The land is in the Eagle Ford and Austin Chalk shale plays, said the news service, citing a document it has seen.

Oil producer Diamondback to acquire Lario Permian for $1.5bn

20 November 2022

Oil and gas producer Diamondback Energy is on a buying spree. It is to buy all leasehold interest and related assets of Lario Permian, a subsidiary of Lario Oil & Gas for some $1.5bn in shares and cash.

GHG emissions cap for Canada’s oil and gas by end of 2023, says minister

20 November 2022

National regulations will be completed in 2023 for a cap on greenhouse gas emissions from the Canadian oil and gas sector, said Environment Minister Steven Guilbeault in an interview with Canadian Press at COP27, the UN climate summit in Egypt.

Edited by

Anna Kachkova

Editor

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