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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Are US sanctions on Venezuela likely to be lifted any time soon?

2 July 2021

Venezuelan President Nicolas Maduro is showing signs of willingness to make political concessions ahead of the November elections – and a determination to load the dice in his administration’s favour.

Supreme Court sides with PennEast Pipeline on land acquisition

1 July 2021

The US Supreme Court has ruled that federally approved gas pipeline projects can seize state-owned land required for national infrastructure. The ruling came in the case of PennEast Pipeline vs the State of New Jersey.

Cheniere touts ESG progress

30 June 2021

US LNG producer Cheniere Energy has provided an update on its progress on environmental, social and governance (ESG) initiatives in its 2020 corporate responsibility report, ‘Built for the challenge’, which was published this week.

Southwestern commits to RSG in Appalachia

30 June 2021

Southwestern Energy announced last week that it had struck a deal with Project Canary to certify all of its Appalachian Basin shale gas output as being responsibly sourced.

NorthAmOil: Southwestern commits to RSG in Appalachia

29 June 2021

Southwestern Energy announced last week that it had struck a deal with Project Canary to certify all of its Appalachian Basin shale gas output as being responsibly sourced.

Massachusetts lawsuit alleging Exxon climate deceit to proceed

28 June 2021

ExxonMobil Corp.'s attempt to have a climate lawsuit brought by the state of Massachusetts dismissed has been denied. The state accuses the oil company of misrepresenting the risks and impacts of climate change to investors and customers.

Tellurian applies to build pipeline to planned LNG terminal

25 June 2021

LNG developer Tellurian announced this week that its Driftwood Pipeline subsidiary had submitted a formal application to the US Federal Energy Regulatory Commission (FERC) to construct and operate a dual pipeline in Louisiana.

Costs of supplying US LNG to Asia rise

25 June 2021

A new report has found that the cost of supplying US LNG to Asia rose this year, but US production of the fuel is still anticipated to hit record highs.

US midstream sector approaching TSA’s deadline for cybersecurity compliance

25 June 2021

US pipeline companies are facing a deadline for compliance with a cybersecurity directive issued last month by the Transportation Security Administration (TSA) following a ransomware attack on Georgia-based Colonial Pipeline.

Oil sands rebound amid long-term jitters

25 June 2021

Canadian oil sands production has rebounded and is now exceeding pre-pandemic levels, but the region is grappling with longer-term uncertainty.

Schlumberger sets net-zero goal

24 June 2021

Oilfield services giant Schlumberger announced this week that it had set a target of net-zero greenhouse gas (GHG) emissions by 2050. Notably, the plan includes Scope 3 emissions.

BP brings Manuel online

24 June 2021

BP announced this week that it had started up the Manuel project in the US Gulf of Mexico, consisting of a subsea production system for two new wells tied into the existing Na Kika platform.

Devon signs up to net zero

24 June 2021

Oklahoma-based Devon Energy has unveiled a new set of environmental performance targets, including a goal of net-zero greenhouse gas emissions by 2050.

Hurricane season disruption begins in Gulf

22 June 2021

Some disruption to oil and gas operations in the US Gulf of Mexico was seen last week, as a weather disturbance that later became Tropical Storm Claudette threatened the region.

NorthAmOil: Hurricane season disruption begins

22 June 2021

Some disruption to oil and gas operations in the US Gulf of Mexico was seen ahead of Tropical Storm Claudette last week. Chevron and Occidental Petroleum both implemented storm precautions at their offshore facilities.

Suncor offers lifeline to Terra Nova

18 June 2021

Canada’s Suncor Energy has tentatively agreed to increase its stake in the Terra Nova project offshore Newfoundland and Labrador, offering a lifeline to an oilfield whose future was in doubt.

Northern Oil and Gas bulks up in Permian

17 June 2021

Northern Oil and Gas announced this week that it had entered into three definitive agreements to acquire non-operated interests across roughly 2,900 net acres (12 square km) in New Mexico’s portion of the Permian Basin.

Pembina, TC Energy partner on Alberta carbon transportation and sequestration system

17 June 2021

Canadian midstream firms Pembina Pipeline and TC Energy announced this week that they were joining forces to develop a carbon transportation and sequestration project in Alberta.

Tourmaline continues Montney consolidation with Black Swan acquisition

17 June 2021

Canada’s Tourmaline Oil announced last week that it had struck a deal to acquire privately owned Black Swan Energy for CAD1.1bn ($897mn).

Judge blocks Biden’s oil and gas leasing moratorium

17 June 2021

A federal judge has blocked US President Joe Biden’s moratorium on new oil and gas leasing on federal land and in federal waters.

Minnesota court upholds Line 3 replacement permit

17 June 2021

The Minnesota Court of Appeals upheld this week a state regulator's approval for Enbridge’s Line 3 oil pipeline replacement project, in a decision that eliminates a potential delay for the pipeline.

Shell reportedly weighing Permian sale

17 June 2021

Royal Dutch Shell is reportedly weighing a sale of some or all of its assets in the US’ Permian Basin.

Biden mulling relief for US oil refiners from biofuel quotas

16 June 2021

President Joe Biden’s administration is considering giving oil refiners more relief from biofuel mandates, said anonymous sources quoted by Reuters in an exclusive.

NorthAmOil: Shell reportedly weighing Permian sale

15 June 2021

Royal Dutch Shell is reportedly weighing a sale of some or all of its assets in the US’ Permian Basin.

Clean LNG initiatives accelerate

11 June 2021

New initiatives related to clean LNG and decarbonisation appear to be accelerating, with more developments announced in recent days.

Edited by

Anna Kachkova

Editor

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