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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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NorthAmOil: QatarEnergy, ExxonMobil partner to explore offshore Eastern Canada
QatarEnergy – recently renamed from Qatar Petroleum – has announced that it has signed an agreement with ExxonMobil to farm into an exploration licence offshore Newfoundland and Labrador in Eastern Canada.
ConocoPhillips, Biden administration miss deadline for Willow appeal
ConocoPhillips and the administration of US President Joe Biden have both missed a deadline for appealing against a court ruling that threatens to stall the US company’s development of the Willow project in Alaska for several years.
Canada’s oil industry under new environmental pressure
Calls for Canada’s oil and gas industry to take a more aggressive approach to decarbonisation are intensifying on several fronts.
ExxonMobil to boost CCS capacity at Wyoming’s LaBarge
ExxonMobil announced this week that it was taking steps to expand carbon capture and storage (CCS) capacity at its LaBarge natural gas field in Wyoming.
China seeks more US LNG
Chinese natural gas importers are once more ramping up their purchases from US suppliers as the country battles an energy crunch in the run-up to the peak winter demand season.
Halliburton narrowly beats third-quarter earnings estimates
Oilfield services giant Halliburton has beaten analyst estimates with its third-quarter results, which were announced this week.
Talos, TechnipFMC partner on Gulf Coast CCS
Offshore producer Talos Energy and oilfield services firm TechnipFMC announced this week that they were partnering to develop carbon capture and storage (CCS) capacity on the US Gulf Coast.
Core of Biden’s climate plan likely to be cut
The centrepiece of President Joe Biden’s climate plan is likely to be cut because of opposition from a single senator who has ties to the coal industry.
NorthAmOil: Halliburton narrowly beats third-quarter earnings estimates
Oilfield services giant Halliburton has beaten analyst estimates with its third-quarter results, which were announced this week.
Canada signs up to Global Methane Pledge
Canada has signed up to the Global Methane Pledge, which was jointly unveiled by the US and European Union last month.
LNG competitiveness in the spotlight
LNG producers are figuring out how to be competitive and sanction new capacity against a backdrop of demand volatility.
Dell’Osso takes over as Chesapeake CEO
Chesapeake Energy announced this week that its board had voted unanimously to appoint Domenic Dell’Osso as the company’s president and CEO.
Chief reportedly exploring sale
Privately owned Chief Oil & Gas has been reported to be exploring a potential sale that could see it valued at more than $3bn, inclusive of debt.
Chevron sets sights on net zero
Super-major Chevron is now targeting net-zero emissions from its operations by 2050 but describes it as an aspiration, demonstrating ongoing caution.
TC Energy partners with Nikola on hydrogen hubs
Canadian pipeline operator TC Energy has partnered with Nikola to build “large-scale” hydrogen production facilities in the US and Canada.
NorthAmOil: Chevron to aim for net zero by 2050
Chevron announced this week that it would pursue net zero greenhouse gas (GHG) emissions by 2050.
AsianOil: ENN seals long-term LNG supply deal with Cheniere
Chinese utility ENN Natural Gas has signed a new long-term liquefied natural gas (LNG) supply agreement with the US’ Cheniere Energy.
Energy Transfer completes Pennsylvania Access
Energy Transfer said this week that its Pennsylvania Access refined products pipeline was complete and ready to enter service.
Canadian oil exports to US jump on Line 3 start-up
Canadian shipments of crude to the US rose to levels not seen since January following the start-up of Enbridge’s Line 3 replacement oil pipeline from Alberta’s oil sands last week.
Canadian companies call on Ottawa to help with CCS funding
The Canadian Association of Petroleum Producers has revealed that it has asked the Canadian government to fund 75% of carbon capture and storage costs.
Shale deals close as consolidation wave slows
Two major M&A deals between shale producers have closed in recent days, against the backdrop of a slowdown in the wave of industry consolidation.
BP outlines Cherry Point investment plans
BP has announced that it will invest $269mn into three projects in its Cherry Point refinery in Washington State, aimed at improving the plant's efficiency, reducing its carbon dioxide emissions and increasing its renewable diesel capacity.
Ottawa invokes 1977 treaty amid Line 5 dispute
The Canadian government invoked Article Six of the 1977 Transit Pipelines Treaty on October 4 amid a dispute over Enbridge’s Line 5 pipeline with the State of Michigan.
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