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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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Kosmos comes up dry with Resolution well

27 November 2019

Kosmos Energy has announced that the Resolution exploration well, which it drilled in the US Gulf of Mexico in a 50:50 partnership with BP, has turned out to be a dry hole.

Gunvor to market all LNG from Louisiana’s Commonwealth project

27 November 2019

Gunvor Group agreed this week to double the maximum amount of LNG that it would buy from the proposed Commonwealth LNG project in Lousiana, on the US Gulf Coast, as well as marketing the remainder of the facility's output.

ConocoPhillips unveils plans for Alaska investment, asset sale

27 November 2019

ConocoPhillips announced last week that it wanted to sell a stake in some of its Alaskan oil projects in a bid to offset risk and share the costs of developments it is planning in the state over the coming years.

FERC approves four Texas LNG projects

27 November 2019

The US Federal Energy Regulatory Commission has granted approvals for the construction of four LNG projects in Texas – comprised of three greenfield ventures and one expansion of an existing facility.

Canadian rail strike brought to an end

27 November 2019

A tentative agreement has brought a week-long rail strike to an end, allowing crude shipments – among others – on Canadian National Railway trains to resume.

Market oversupply causes Pavilion to cancel cargo

21 November 2019

Oversupply in the global market has led Singapore’s Pavilion Energy to cancel the loading of a US LNG cargo, and more such moves could follow.

HollyFrontier to build biodiesel plant in New Mexico

20 November 2019

US-based refiner HollyFrontier has unveiled plans to build a new biodiesel plant as it seeks to meet its requirements under the Renewable Fuel Standard.

BP Midstream considering Mars pipeline expansion

20 November 2019

BP Midstream Partners is considering expanding its Mars crude oil pipeline to accommodate new offshore output from the US Gulf of Mexico.

Encana shareholder to vote against relocation

20 November 2019

Letko, Brosseau & Associates, a shareholder in Encana, has said it will vote against the Calgary-based company’s proposed relocation of its corporate domicile from Canada to the US.

Callon reduces offer for Carrizo, resulting in new support

20 November 2019

Callon Petroleum has amended the terms of its agreement to acquire Carrizo Oil & Gas. As a result of these amendments, parties that had previously opposed the merger have now come out in support of it.

Ecopetrol, Occidental finalise Permian joint venture agreement

20 November 2019

Colombia’s Ecopetrol and US-based Occidental Petroleum have completed a previously announced transaction to form a joint venture focused on the Permian Basin.

Warnings abound of shale slowdown

20 November 2019

Some US shale drillers have already set out plans to reduce capital spending in 2020, as shale activity slows down on persistently low crude prices and a challenging operating environment.

Bailout of Canada’s energy industry playing out with little transparency

20 November 2019

A package of funds set aside by Ottawa last year to help Canada’s struggling energy industry is being paid out, but with limited transparency over its recipients.

Permian flaring reaches new high

13 November 2019

The flaring and venting of natural gas has reached a new all-time high in the Permian Basin, where it is a by-product of drilling for oil.

Occidental reportedly seeking to sell Anadarko’s Wyoming, Colorado assets

13 November 2019

Occidental Petroleum is reportedly soliciting bids for oil and gas assets in Wyoming and Colorado that it acquired through its takeover of Anadarko Petroleum.

Eagle Ford infrastructure beefed up as Equinor exits

13 November 2019

Harvest Midstream has started construction on the Ingleside pipeline and the Harvest Midway terminal to serve customers in the Eagle Ford shale, while Norway's Equinor has announced its exit from the play.

Alberta’s Houston Oil & Gas ceases operations

13 November 2019

Calgary-based Houston Oil & Gas has gone into receivership, becoming the latest Canadian oil company to fall victim to unfavourable operating conditions caused by low oil and gas prices.

Repsol looks to Canadian oil

13 November 2019

Spain’s Repsol is reportedly looking at Canadian heavy crude as a source of feedstock for its European refineries.

Suncor, Microsoft partner in first for oil sands

13 November 2019

Suncor Energy has partnered with Microsoft in a deal focused on digital transformation that has been described as a first for the oil sands industry.

Permian players turning to renewable power

13 November 2019

Drillers in the prolific Permian Basin are increasingly turning to renewable energy to power their operations.

Magellan to redesign Voyager pipeline

5 November 2019

Magellan Midstream has unveiled plans to redesign its proposed Voyager pipeline in a bid to lower costs.

EPIC launches third open season for crude pipeline

5 November 2019

EPIC Crude Holdings announced last week that it was launching a third open season for the EPIC crude pipeline from the Permian Basin to the Texas Gulf Coast.

Encana announces name change, relocation of headquarters

5 November 2019

Calgary-based Encana has unveiled plans to be rebranded as Ovintiv and establish corporate domicile in the US.

Alberta to keep carbon tax, with some adjustments for large emitters

5 November 2019

The government of Alberta has said it will keep its provincial carbon tax at CAD30 ($23) per tonne. However, new legislation will replace the previous government's rules for most large greenhouse gas emitters in the province.

Hess announces Esox-1 discovery in deepwater Gulf

5 November 2019

Hess has announced a discovery with the Esox-1 well offshore Louisiana in the deepwater Gulf of Mexico.

Edited by

Anna Kachkova


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