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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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New Fortress battles to advance LNG plans
New Fortress Energy is running into regulatory issues and environmental opposition to its LNG plans in both the US and Puerto Rico.
NGTL updates Canadian regulator on West Path expansion
Nova Gas Transmission Ltd, a subsidiary of Canada’s TC Energy, has told regulators that shipper contracts still support the latest phase of its West Path expansion plans despite increasingly ambitious emissions reduction goals.
US lawmakers make last ditch effort to kill off the Nord Stream 2 gas pipeline
US lawmakers made a last ditch effort to kill off Russia’s recently completed Nord Stream 2 gas pipeline, which is now completed but not yet in operation.
NorthAmOil: Post-Ida refinery repairs may be too costly for Phillips 66
Downstream player Phillips 66 may be forced to idle a refinery in Louisiana as a result of severe damage from Hurricane Ida, which hit the state at the end of August.
Golden Pass LNG aims for 2024 start-up
The first train at the Golden Pass LNG terminal, which is under construction in Texas, is scheduled to enter service in 2024.
ExxonMobil, Seneca make separate gas certification moves
Two separate announcements have come from ExxonMobil and Seneca Resources since the start of this month on the companies’ efforts to certify their natural gas production from some of their respective assets.
GeoSouthern reportedly explores asset sale
Blackstone-backed Haynesville shale gas producer GeoSouthern is reportedly exploring options that include a sale of its acreage for $2bn.
Suncor moves boost outlook for Eastern Canada’s offshore
Suncor Energy has announced two separate moves relating to the Terra Nova and West White Rose projects, bolstering the prospects for Eastern Canadian offshore production.
Enbridge to take over leading oil export terminal with $3bn Moda deal
Canada’s Enbridge announced this week that it had struck a deal with private equity firm EnCap Flatrock Midstream to acquire Moda Midstream Operating for $3.0bn in cash, giving it ownership of the largest crude export terminal in North America.
Cheniere unveils long-term capital allocation plan
US LNG producer Cheniere Energy said this week that its board of directors has approved a long-term capital allocation plan.
Chevron reportedly seeking to exit Eagle Ford
Super-major Chevron is seeking a sale of its assets in the Eagle Ford shale play in Texas, as part of efforts to regularly review its portfolio.
Trouble in Deer Park
Pemex is pursuing a refinery takeover deal that is likely to put further strain on its shaky finances – and draw unwelcome attention from US legislators.
NorthAmOil: Chevron reportedly seeking to exit Eagle Ford
Super-major Chevron is seeking a sale of its assets in the Eagle Ford shale play in Texas, as part of efforts to regularly review its portfolio.
Chevron, Bunge propose renewable fuel joint venture
Subsidiaries of super-major Chevron and food production company Bunge have signed a memorandum of understanding proposing a 50:50 joint venture to develop renewable fuels.
DoI moves towards leasing restart
The US Department of the Interior is taking steps towards a court-ordered restart to its federal oil and gas leasing programme.
Trudeau makes re-election pledge of tougher emissions rules for oil companies
Canadian Prime Minister Justin Trudeau said on August 29 that if he is re-elected, his government will require the country’s oil and gas industry to achieve certain benchmarks for cutting greenhouse gas emissions.
Gulf Coast operators assess Ida’s impact
Gulf Coast refiners and Gulf of Mexico producers are assessing the damage from Hurricane Ida this week, after the storm passed through the region and hit Louisiana.
More progress towards Line 3 replacement start-up
Enbridge’s Line 3 replacement pipeline from Alberta to the US Midwest is inching closer to start-up, with more progress this week.
Enerplus whittles down Williston Basin assets
Enerplus announced this week that it had agreed to sell its interests in the Sleeping Giant field of Montana and the Russian Creek area of North Dakota, both part of the Williston Basin.
NorthAmOil: Hurricane Ida disrupts Gulf operations
Production in the US Gulf of Mexico and coastal downstream operations alike were severely disrupted by Hurricane Ida this week, which made landfall in Louisiana as a Category 4 hurricane on August 29.
Kiewit to build US-built offshore wind substation
Kiewit Offshore Services of Texas will design and build the substation for the 132-MW South Fork Wind project off New York. It is the first American-built offshore wind substation.
US Gulf Coast sees oil supply disruptions from Mexican outage
The US Gulf Coast was facing disruptions to its crude supplies as a result of an outage in Mexico this week.
Imperial unveils renewable diesel plan for Strathcona refinery
Canada’s Imperial Oil unveiled a plan this week to produce renewable diesel at its 191,000 barrel per day Strathcona refinery in Alberta using vegetable oil as feedstock.
Beacon sanctions Shenandoah project in deepwater Gulf
Beacon Energy Offshore has made a final investment decision on the Shenandoah project in the deepwater US Gulf of Mexico.
Growth amid uncertainty for the oil sands
Oil sands production has reached an all-time record high and is set to grow further still, but the picture is far more uncertain in the longer term.
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