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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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LNG Canada produces first gas for export
Canada has produced its first LNG for export with the Shell-led LNG Canada set to begin shipping the super-chilled fuel this summer.
Russia courts Mexico with LNG offer as energy ties with US face strain
Russia is pushing to boost energy ties with Mexico, offering LNG and tech support as the country faces ageing infrastructure, low output, and heavy reliance on US gas.
Mexico sets record for US natural gas imports whilst reducing fuel purchases
Mexico registered record levels of natural gas imports from the United States during the first quarter of 2025, averaging 6.17bn cubic feet per day, a 5% increase compared to the same period in 2024, Bloomberg Línea reported.
Commonwealth LNG receives final go-ahead from FERC
Kimmeridge’s Commonwealth LNG has received a final order from the US Federal Energy Regulatory Commission (FERC), upholding the authorisation to build the Commonwealth liquefaction terminal.
Keyera bolsters Canadian NGL operations with Plains deal
Keyera is buying a package of mostly Canadian assets from Plains All American for CAD5.15bn ($3.76bn).
INTERVIEW: The sustainability shift to LNG bunkering at Canadian ports
Larissa Fenn, vice-president of corporate affairs at HOPA Ports, speaks to us about the growth of LNG bunkering at Canadian ports.
Mitsubishi reportedly in talks to buy Aethon’s shale assets
Japan’s Mitsubishi is reportedly in talks to buy the US shale production and pipeline assets of Aethon Energy Management.
Carbon capture and storage has reached a ‘turning point’, says DNV
A new report from DNV anticipates that total funding for carbon capture and storage will hit $80bn by the end of this decade
Mexico’s energy security could be at risk amid record gas imports from the US
Mexico’s reliance on imported natural gas from the United States has reached unprecedented levels, raising serious concerns over its long-term energy security.
COMMENT: Israel-Iran conflict intensifies with limited macro fallout but mounting geopolitical risk
The recent escalation in hostilities between Israel and Iran has signalled a shift from earlier, more calibrated exchanges to a broader and more sustained confrontation.
ING: Oil in focus as Israel-Iran conflict escalates
Commodity markets are focused on escalating geopolitical tensions between Israel and Iran, with the Middle Eastern conflict sparking a surge in oil prices.
Venture Global halts plans for Delta LNG
US LNG giant Venture Global has removed its application to construct the Delta LNG export terminal.
Shell to increase LNG capacity by 12 million tonnes by end of decade
The world’s biggest LNG trader will raise its capacity by up to 12mn tonnes by the end of 2030.
NextDecade inks contract with Bechtel for Trains 4 and 5 at Rio Grande LNG
US LNG developer NextDecade has reached agreement with construction firm Bechtel for the building of two liquefaction trains at its Rio Grande LNG terminal in Texas.
US oil output forecast to decline next year on rig count, crude price trends
The US Energy Information Administration has projected that US oil output will decline slightly next year compared to 2025.
Cenovus’ McKenzie: US depends on Canadian oil
The US relies on imports of Canadian crude, Cenovus’ Energy’s CEO, Jon McKenzie, has said.
ExxonMobil makes discoveries offshore Eastern Canada
ExxonMobil has discovered around 75mn barrels of oil at its producing Hibernia and Hebron fields offshore Newfoundland and Labrador in recent months.
JERA signs deals to buy up to 5.5mn tpy of US LNG
Japan’s JERA has signed separate 20-year agreements to buy up to 5.5mn tonnes per year of US LNG from several different developers on the Gulf Coast.
Vermilion to exit US with Wyoming asset sale
Canada’s Vermilion Energy has agreed to sell its remaining US assets for cash proceeds of CAD120mn ($88mn) to an unnamed buyer.
US-China trade optimism pushes oil prices higher
China ceased all imports of US crude in March but continues to source from elsewhere; a far cry from the heady days of 2020 when Beijing was importing 481,000 barrels per day of American oil.
Penn America CEO discusses Pennsylvania LNG project with White House
A long-stalled proposed LNG project on the US’s eastern coast could be revived after the CEO of Penn America Energy held talks with White House officials.
British Columbia approves LNG pipeline to proposed Ksi Lisims plant
The planned Ksi Lisims LNG facility has moved another step forward with British Columbia authorising the Prince Rupert Gas Transmission pipeline.
US DoE issues non-FTA export permit for second phase of Port Arthur LNG
The US Department of Energy has approved exports from the planned second phase of the Port Arthur LNG terminal to countries with which the US does not have a free-trade agreement.
Trump administration cancels over $3.7bn in clean energy funding
The administration of US President Donald Trump has cancelled over $3.7bn of funding for clean energy projects that had been awarded by the previous administration under Joe Biden.
Wildfires temporarily knock out oil sands production
Wildfires in the Canadian province of Alberta have resulted in more than 344,000 barrels per day of oil sands production being disrupted.
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