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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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Sempra agrees to sell infrastructure arm stake, approves Port Arthur LNG expansion
Sempra has agreed to sell a 45% equity stake in its Sempra Infrastructure Partners unit for around $10bn, while also taking a final investment decision on Phase 2 of Port Arthur LNG.
US fracking pioneer Continental may invest in Argentina’s Vaca Muerta
Argentina's President Javier Milei met with Continental Resources executives on September 18 to explore investment opportunities in the Latin American country's hydrocarbon sector, particularly the Vaca Muerta shale formation
Turkey announces US-origin LNG deals that could secure 76 bcm over 20 years
Turkey’s state-controlled energy trade and infrastructure company Botas on September 24 announced two deals that could secure the supply of around 75.8bn cubic metres (bcm) of US-origin liquefied natural gas (LNG) over a period of 20 years.
Uruguay backs Argentina in appeal over YPF ruling
Uruguay has formally aligned with Argentina in its battle against a US court order requiring Buenos Aires to cede a majority stake in state-run oil company YPF
Word leaks of $43bn US-Turkey LNG deal ahead of Trump-Erdogan meeting at White House
Agreement would cover imports through 2045.
Chevron eyes acquiring European regasification terminals
US supermajor Chevron has opened discussions to purchase regasification terminals in Europe.
World's leading producers continue output plans above Paris deal compatibility
Many of the world’s major fossil fuel producers plan oil, gas and coal extraction far beyond levels compatible with the Paris Agreement.
Canada's Carney and Mexico's Sheinbaum pledge stronger trade ties amid Trump uncertainty
Venezuela launches broad investigation into former opposition over Citgo
US court ruling bolsters PDVSA bondholders as Citgo auction advances
A US federal judge has upheld the legality of Petróleos de Venezuela SA’s 2020 bonds, dealing a setback to the Venezuelan state oil company as it tries to shield its prized US refining asset Citgo from creditors
Mexico and Canada close ranks ahead of USMCA review
Mexico and Canada have stepped up efforts to consolidate their bilateral relationship in anticipation of the 2026 review of the United States-Mexico-Canada Agreement.
New Fortress Energy and Puerto Rico agree on long-term LNG supply deal
US firm New Fortress Energy has inked a 7-year LNG supply deal with the Puerto Rico Public-Private Partnerships Authority and the Third-Party Procurement Office.
Democratic Senators push Trump to ramp up targeted sanctions on Russian LNG
Calls are mounting by Democratic senators for US President Donald Trump to increase targeted sanctions on Russia’s LNG sector.
EU plans to move forward Russian LNG import ban in new sanctions package
The EU is considering moving ahead one year its ban on Russian LNG imports to come into force at the start of 2027.
Canada’s MEG urges shareholders to reject Strathcona’s revised bid
MEG Energy's board of directors had reaffirmed its “unanimous” recommendation that shareholders approve a proposed takeover by Cenovus Energy, rejecting a revised offer by Strathcona Resources.
Canada’s Ksi Lisims LNG obtains regulatory approvals
The proposed Ksi Lisims LNG project in British Columbia has received two separate regulatory approvals.
Chord to buy ExxonMobil assets in US’ Williston Basin
Chord Energy is buying Williston Basin assets from ExxonMobil’s XTO Energy for $550mn.
Delaware court opens Venezuela’s Citgo sale battle as creditors vie for control
A high-stakes auction over shares in Citgo Petroleum’s US parent company, owned by Venezuela, began on September 16 in a Delaware, US courtroom, setting the stage for a contentious showdown between creditors and potential buyers.
Chevron’s Venezuela comeback faces political headwinds and market risks
Chevron has restarted its operations in Venezuela amid persistent political tensions between Washington and Caracas, raising concerns over the long-term stability of the US major’s Venezuelan projects
IEA warns that output at existing oil and gas fields is falling faster than expected
Analysis of thousands of reservoirs shows that many of the largest conventional fields have already peaked, while unconventional sources such as shale need constant drilling to maintain production.
Panama Canal plans $8bn gas pipeline to link Atlantic and Pacific by 2027
The Panama Canal Authority is advancing discussions on a multi-billion-dollar gas pipeline across the isthmus, a project it expects to begin constructing in 2027 as part of its broader 2025–2035 strategic plan.
Delaware court opens Venezuela’s Citgo sale battle as creditors vie for control
A high-stakes auction over shares in Citgo Petroleum’s US parent company, owned by Venezuela, began in a Delaware courtroom, setting the stage for a contentious showdown between creditors and potential buyers
Indonesia reviews US fuel imports as domestic shortages persist
Indonesia’s Trade Minister, Budi Santoso, has confirmed that plans to import petroleum products from the United States remain under inter-ministerial review
Delaware court upholds Amber Energy bid in Citgo sale dispute
A Delaware court rejected Canadian miner Gold Reserve’s attempt to block Amber Energy, an Elliott Investment Management subsidiary, from proceeding with its bid for the parent company of Venezuelan-owned refiner Citgo Petroleum
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