Looking for more NorthAmOil articles? Or would you like to find out more about the publication? Keep reading.
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.
NorthAmOil is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.
Try it out
The majority of our premium content is ONLY available to our subscribers.
If you would like to try NorthAmOil we can offer you a, no obligation, free trial, giving you a chance to get to know the publication and get hooked on the quality content. No credit card required.
Simply fill in the form at the bottom of this page and we will send you your first copy of NorthAmOil
Need more convincing?
- Check out our client testimonial
- Read a recent issue
- Find out more about a NorthAmOil subscription
Cenovus ends hedging programme after $772mn loss
Canada’s Cenovus Energy announced on April 4 that it was suspending its hedging programme following an estimated loss of CAD970mn ($772mn) in the first quarter of 2022.
More momentum for new US LNG projects
Several more steps forward were taken by various proposed US LNG projects over the past few days as additional interest in the fuel continues to drive momentum.
Canada approves offshore Bay du Nord project
The Canadian government has approved Equinor’s $12bn Bay du Nord project offshore Newfoundland and Labrador, which stands to be the country’s first remote deepwater development.
Shell considers options for expansion of LNG Canada
Shell is carrying out a feasibility study for what has been described as a major expansion of its LNG Canada project in Kitimat, British Columbia, amid growing demand for LNG.
Venture Global to buy gas from NextEra for Plaquemines LNG
US LNG producer Venture Global LNG has reportedly reached an agreement to purchase natural gas from a unit of NextEra Energy for its planned Plaquemines LNG export plant on Louisiana’s Gulf Coast.
Suncor unveils changes to energy transition strategy
Calgary-based Suncor Energy has said it would sell off its wind and solar assets, while focusing more on hydrogen and renewable fuels as part of its energy transition strategy.
Alberta shortlists six carbon storage hub proposals
Alberta’s government has unveiled a shortlist of six eligible bidders proposing to develop carbon capture, utilisation and storage (CCUS) hubs in the province.
Road access dispute complicates Pikka project in Alaska
Australian energy company Santos is mired in a dispute with ConocoPhillips over road access to its Pikka oil project on Alaska’s North Slope.
Ascent reportedly preparing for IPO
US shale driller Ascent Resources, which is focused on the Utica play in Ohio, is reported to be preparing for an initial public offering (IPO) in which it hopes to be given a market valuation of around $6bn.
NorthAmOil: Ascent reportedly preparing for IPO
US shale driller Ascent Resources is reported to be preparing for an initial public offering (IPO) in which it hopes to be given a market valuation of around $6bn.
Rich countries must cut oil and gas output 74% to ensure fair transition
Rich countries must reduce oil and gas output by 74% by 2030 and fully by 2034 in order to keep the world on track for 1.5°C and give poorer oil-reliant countries longer to replace their income from fossil fuel production.
Biden announces largest SPR release yet
US President Joe Biden has announced the largest ever release of crude from the country’s Strategic Petroleum Reserve in a bid to lower oil prices.
Vermilion to acquire Leucrotta in $382mn deal
Calgary-based Vermilion Energy announced on March 28 that it would acquire Leucrotta Exploration in a deal valued at CAD477mn ($382mn).
ExxonMobil considers expanding gas-to-bitcoin pilot to four countries
ExxonMobil is reportedly considering expanding its North Dakota gas-to-bitcoin pilot to Alaska, and internationally to the Qua Iboe terminal in Nigeria and Argentina’s Vaca Muerta shale play, as well as fields in Guyana and Germany.
Fire at ExxonMobil’s Montana refinery shuts down processing units
A fire broke out at ExxonMobil’s Billings refinery near Lockwood, Montana on March 26, forcing several processing units at the plant to be shut down.
Chinese buyers turn to next wave of US LNG projects for supply deals
New supply deals have been struck in recent days between Chinese buyers and developers of yet-to-be-built US LNG export terminals.
Shell starts production at PowerNap project in Gulf
Shell announced on March 29 that it had started production at the PowerNap project in the US Gulf of Mexico.
Tellurian starts construction on Driftwood LNG
US-based Tellurian announced on March 28 that it had kicked off construction on its Driftwood LNG terminal on Louisiana’s Gulf Coast.
OPEC+ kicks off meeting with focus on supplies
Trudeau unveils C$9.1 bn plan to meet 2030 carbon targets
Canada has unveiled a multi-billion dollar plan to cut carbon emissions, including a clean electricity standard (CES). The plan, presented by Prime Minister Justin Trudeau, includes C$9.1bn ($7.3bn) in new spending to meet carbon emissions.
NorthAmOil: Shell starts production at PowerNap project in Gulf
Shell announced on March 29 that it had started production at the PowerNap project in the US Gulf of Mexico.
NextDecade, Guangdong Energy sign HoA for LNG supply
US-based NextDecade announced on March 24 that it had signed a binding heads of agreement (HoA) with China’s Guangdong Energy for the supply of LNG from a planned facility on the US Gulf Coast.
US steps up efforts to supply more LNG to Europe
The US has taken further steps to help send more LNG to Europe to replace Russian gas, but its capacity to significantly ramp up exports of the fuel remains limited.
ConocoPhillips reportedly pursuing Anadarko Basin sale
ConocoPhillips is reportedly working with an adviser to sell its gas-producing assets in the Anadarko Basin, which spans North Texas and Western Oklahoma.
Report finds ESG funds preferring Russian to Canadian oil
A new CIBC Capital Markets report has highlighted ESG-focused funds showing a preference for Russian oil and gas investments over Canadian ones.
Follow us online