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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Biden administration to resume federal oil and gas leasing

23 March 2022

The administration of US President Joe Biden will resume oil and gas leasing on federal land following a court decision temporarily reinstating a measure that puts a higher price on the greenhouse gas (GHG) emissions associated with projects.

NorthAmOil: Biden administration to resume federal oil and gas leasing

23 March 2022

The administration of US President Joe Biden will resume oil and gas leasing on federal land following a court decision temporarily reinstating a measure that puts a higher price on the greenhouse gas (GHG) emissions associated with projects.

FxPro Group says US restrictions on Russian oil imports could benefit Mexican economy

21 March 2022

Cyprus-based FxPro Group Ltd has said that it expects the Mexican economy to reap benefits in the medium term from the US government’s decision to ban imports of Russian crude oil and natural gas.

US grants additional LNG export approvals to Cheniere

19 March 2022

The US Department of Energy has authorised additional exports from Cheniere Energy’s two LNG terminals in a move that could benefit Europe.

Canada considers ways to boost crude exports

18 March 2022

Canada is examining ways of boosting exports of crude in a bid to help supply challenges caused by countries trying to reduce their reliance on Russian oil.

Range, US Well Services agree to electric fleet extension

18 March 2022

US Well Services (USWS), a provider of hydraulic fracturing services, said on March 14 that it had finalised a deal with Appalachian producer Range Resources to extend an existing electric fleet contract that is due to expire this year.

LNG Canada receives first major inlet facilities module

18 March 2022

LNG Canada has announced that the first inlet facilities module has arrived at its project site in Kitimat, British Columbia.

ConocoPhillips cuts output at Alaska site on ongoing gas leak

18 March 2022

An uncontrolled leak of natural gas at an oil production site operated by ConocoPhillips in Alaska has remained ongoing as of March 16 after being discovered on March 4.

Petroecuador’s oil trading manager says US buyers are eyeing Ecuadorean crude

18 March 2022

Ecuador’s national oil company Petroecuador says that the US government’s decision to ban imports of Russian crude has generated new interest in Ecuadorean feedstock among US refiners and traders.

Duque says Colombia can supply oil to US

18 March 2022

Colombian President Iván Duque met with US President Joe Biden in Washington last week to discuss energy security amid the ongoing Russian military incursion in Ukraine.

US continues to explore sanctions relief for Venezuela

18 March 2022

In an effort to secure new supply sources and mitigate the rapid rise in oil prices, the administration of US President Joe Biden has continued to explore the possibility of easing sanctions on Venezuela.

ExxonMobil reportedly considering Bakken sale

16 March 2022

ExxonMobil is reportedly considering a sale of its assets in North Dakota’s Bakken play.

China resells US LNG cargoes to Europe

16 March 2022

China is reported to have resold a handful of US LNG cargoes to Europe as price trends and Russia’s war in Ukraine continue to reroute trade flows.

NorthAmOil: ExxonMobil reportedly considering Bakken sale

15 March 2022

ExxonMobil is reportedly considering a sale of its assets in North Dakota’s Bakken play.

Russia-Ukraine conflict triggers a change in US-Venezuela relations

11 March 2022

US sanctions on Venezuela may be on the chopping block as Washington looks for ways to make more oil available.

TC Energy offers 10% Coastal GasLink stake to indigenous groups

11 March 2022

Canadian pipeline operator TC Energy announced on March 9 that it had signed option agreements to sell a 10% interest in the Coastal GasLink gas pipeline, which is being built to serve the LNG Canada export terminal, to indigenous communities.

Canadian maintenance plans add to supply jitters

11 March 2022

Planned maintenance is anticipated to take roughly 5% of Canadian crude production offline this spring, adding to supply worries as crude prices hit multi-year highs.

EIA makes major upward revision to oil price outlook

11 March 2022

The US Energy Information Administration (EIA) has made a major upward revision to its oil price forecast in its latest Short-Term Energy Outlook (STEO).

Hackers reported to have targeted US LNG industry in February

10 March 2022

Hackers are reported to have gained access to computers belonging to current and former employees of major US natural gas suppliers and exporters in mid-February.

Icahn disposes of Occidental stake, while Berkshire Hathaway boosts ownership

10 March 2022

Activist investor Carl Icahn has sold off the remainder of his stake in Occidental Petroleum – which once amounted to 10% of the company but had been whittled down recently.

Venture Global expands supply partnership with Shell

10 March 2022

Venture Global LNG announced on March 7 that it had struck a new long-term sales and purchase agreement with Shell for offtake from its proposed Plaquemines liquefaction terminal on Louisiana’s Gulf Coast.

Whiting, Oasis to combine in $6bn merger

10 March 2022

US shale players Whiting Petroleum and Oasis Petroleum announced on March 7 that they had agreed to combine in a what they described as a merger of equals.

US bans imports of Russian oil and gas

9 March 2022

US President Joe Biden announced on March 8 that his country was banning imports of Russian oil and gas, as well as coal.

NorthAmOil: US bans imports of Russian oil and gas

8 March 2022

US President Joe Biden announced on March 8 that his country was banning imports of Russian oil and gas, as well as coal.

Pembina, KKR to combine Canadian gas-processing assets, make acquisition

6 March 2022

Pembina Pipeline announced on March 1 that it had struck a deal with KKR to combine their respective Western Canadian natural gas-processing assets into a new joint venture.

Edited by

Anna Kachkova

Editor

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