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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Need more convincing?

Biden’s oil, gas lease plan is evidence of his “failed” energy policies, says API

7 October 2023

The administration of US President Joe Biden has unveiled a proposed five-year plan for offshore oil and gas auctions. And to no-one’s great surprise, it is not a plan with which the oil and gas sector is happy.

Imperial, Alberta’s energy regulator knew about Kearl’s tailings seepage for years

6 October 2023

Imperial Oil and the Alberta Energy Regulator knew for years about the Kearl oilsands tailings seepage, documents reported by Canadian Press show.

Flaring increases in Permian

6 October 2023

Flaring is increasing again in the Permian basin, with enough gas flared in one year to meet the US’s domestic gas needs for an average day.

Oil, gas emissions undercut Canada’s climate progress, says estimate

6 October 2023

Emissions from oil and gas – as well as from buildings – continued to rise in 2022, undercutting Canada’s climate progress, according to a new independent estimate from 440 Megatonnes, a project of the Canadian Climate Institute.

TotalEnergies exits oil sands

6 October 2023

Suncor Energy is to acquire TotalEnergies’ outstanding Canadian operations for CAD1.47 68bn ($1.1bn).

Civitas to buy $2.1bn of oil assets in Permian

6 October 2023

Civitas Resources is to buy $2.1bn of oil assets in the Permian Basin. The company will acquire the oil producing assets in the Midland Basin of west Texas from Vencer Energy, the US upstream venture of global energy trader Vitol.

TotalEnergies, Borealis start up $1.4bn polyethylene unit

5 October 2023

TotalEnergies and Borealis have started up their Baystar 50:50 joint venture’s new 625,000 tpy polyethylene unit.

Freeport LNG requests permission for restart of more of its export plant

4 October 2023

US LNG exporter Freeport LNG has asked federal regulators for permission to restart more of its export plant in Texas as it seeks to return the US’s second-biggest LNG terminal to full commercial operation.

US Gulf Coast to get first dedicated LNG bunkering facility

4 October 2023

The first dedicated LNG bunkering facility in the US Gulf Coast will be developed following an announcement made by a joint venture on September 28.

Oil and gas outlook improves, but cost increases continue, according to Dallas Fed

29 September 2023

Activity in the oil and gas sector rose in third quarter 2023, according to oil and gas executives at 147 firms responding to the Dallas Fed Energy Survey.

Milestone Carbon announces carbon sequestration hub in Midland Basin

29 September 2023

Milestone Carbon will develop a CO2 sequestration hub in the southwestern Midland Basin in Texas.

ExxonMobil, SABIC petrochemical complex to use solar power

29 September 2023

BP’s solar plant Peacock in Texas will sell all of the electricity it generates under a long-term power purchase agreement to the nearby Gulf Coast Growth Ventures (GCGV), a 50:50 joint venture between ExxonMobil and SABIC.

Trans Mountain pipeline approved for route change

29 September 2023

The Trans Mountain pipeline has gained regulatory approval for a route change request, potentially avoiding a months-long delay. The approval for the expansion's changed route was granted by the Canada Energy Regulator (CER).

Canadian oil exports up amid Saudi, Russia squeeze

29 September 2023

Canada’s oil exports out of US Gulf terminals will surge in October because of overseas demand increasing with production cuts by Saudi Arabia and Russia.

Biden’s relationship with oil and gas put to test

29 September 2023

President Joe Biden and the US oil and gas industry have a complex relationship that is currently being tested in the Gulf of Mexico, where a lease sale was recently delayed because of rare whales.

Port Arthur LNG gets federal approval for phase 2

28 September 2023

The Federal Energy Regulatory Commission (FERC) has approved the permit authorising the Port Arthur LNG Phase 2 expansion project on the Gulf Coast of Texas.

Trans Mountain asks regulator to okay pipeline tolls

22 September 2023

In Canada, government-owned Trans Mountain Corp. has asked a regulator to okay tolls that shippers say are too high.

Canadian CCS project cannot proceed until prices locked in

22 September 2023

A large carbon capture and storage project in Canada’s oil sands cannot proceed until the federal government locks in future carbon prices, said the Pathways Alliance.

Oil output from top US shale regions to decrease in October, says EIA

22 September 2023

Oil output from the top US shale regions will decrease in October for the third straight month, says the Energy Information Administration. This will bring it to the lowest level since May.

ExxonMobil’s $2bn expansion of Baytown chemical production units complete

21 September 2023

ExxonMobil has announced the startup of two new chemical production units at its Baytown, Texas, manufacturing facility.

Commonwealth LNG signs 15-year supply deal with EQT

20 September 2023

Houston-based LNG developer Commonwealth LNG has signed a 15-year supply deal with independent natural gas firm EQT, the company announced on September 19.

Halliburton equipment worth $7.1mn sold to Russia in past year

20 September 2023

According to customs records, equipment from the US oilfield services giant Halliburton worth $7.1mn has been imported into Russia in the last year, the Guardian newspaper reports in an exclusive.

Edited by

Anna Kachkova

Editor

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