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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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UK firm proposes new Canadian LNG terminal in Newfoundland
London-based Crown LNG Holdings is attempting to woo the Canadian government to support a proposed $15bn LNG terminal in the country’s east province Newfoundland and Labrador.
US reports highest monthly LNG exports in August
The US has recorded its best month ever for LNG exports shipping 9.33mn tonnes of the super-chilled fuel in August.
Venezuela projects 9% growth, calls on European oil firms to bypass US sanctions
“Until when will Europe subordinate itself to what’s in charge in Washington? Here you are free, come and produce,” Maduro said
Venture Global nears producing LNG from all blocks at Plaquemines plant
US LNG giant Venture Global could be producing LNG shortly from all the blocks at its massive Plaquemines facility.
Japan’s crude procurement sees a quiet shift in sources
In July, Japan witnessed a marked realignment in its crude-oil supply chain. Notably, Arab-sourced imports declined, accounting for just 87.6% of total imports, while the United States commanded a larger share, accounting for 9.4%.
Trump-era licence reshapes Chevron’s role in Venezuelan oil
The US major remains a vital partner for PDVSA, contributing roughly a quarter of Venezuela’s total oil output, far above Russian and Chinese ventures, which produce about 10% each
Harvest to acquire $1bn of midstream assets in Uinta, Green River basins
Harvest Midstream has agreed to buy a gas-gathering and processing network spanning the Uinta and Green River Basins in Wyoming, Utah and Colorado from MPLX for $1bn.
EPIC reportedly exploring pipeline sale
The owners of the EPIC Crude pipeline are reportedly exploring a potential sale of the project.
Permian gas pipeline activity picks up
Two final investment decisions on new Permian gas takeaway capacity have been announced in recent weeks.
Sempra signs offtake agreements for Port Arthur LNG Phase 2
Sempra has made two announcements in the past week relating to new offtake agreements from the planned second phase of the Port Arthur LNG project in Texas.
GECF casts doubt on US-EU energy deal yielding material gains
The GECF warns that the EU-US energy trade deal is unlikely to deliver a major increase in US LNG sales to Europe.
Canada prepares to open LNG talks with Germany
New LNG exporter Canada is shifting its gaze from markets in Asia to Europe with Ottawa set to open talks with buyers in Germany.
Elliott affiliate surges ahead in Venezuela's Citgo parent auction
An affiliate of hedge fund Elliott Investment Management has emerged as the leading bidder for PDV Holding, the parent company of Venezuela-owned Citgo Petroleum, a US court officer said
OGT2025 conference and exhibition in Ashgabat gains momentum
Preparations are gathering momentum for the landmark 30th Anniversary International Conference and Exhibition “Oil and Gas of Turkmenistan – 2025”, scheduled to take place from 22 to 24 October in Ashgabat.
Citgo swings to $100mn profit as refining margins improve
Citgo Petroleum posted a $100mn profit in the second quarter of 2025, reversing an $82mn loss in the opening months of the year, according to figures released by the Ad Hoc Administrative Board of PDVSA
Trump administration delays approvals for non-US oil firms in Venezuela
The Trump administration is holding off on authorising several major Western oil companies to operate in Venezuela, raising pressure on Nicolás Maduro’s regime, even as Chevron Corp retains permission to produce and export crude
Chevron sends first Venezuelan crude to US under new Trump licence
Two Chevron-chartered tankers carrying Venezuelan crude entered US waters on Aug. 21, marking the first shipments under a new licence issued by the Trump administration
Venezuela’s Citgo share auction narrows to Elliott and Gold Reserve bids
Court-appointed official Robert Pincus faces a Monday deadline to determine whether Dalinar’s $7.4bn offer, previously favoured, remains the top proposal or if a rival bid surpasses it
Mexico eyes LNG glory but speedbumps appear in pathway
Mexico has grand ambitions to be a key LNG exporter, but trade relations with the US, crime, and concerns over feed gas pose as hurdles.
BP’s Whiting refinery hit by flooding
BP’s refinery in Whiting, Indiana, has had its operations disrupted by flooding this week.
Cenovus, Enbridge accused of greenwashing in complaint to Alberta Securities Commission
Oil sands producer Cenovus Energy and pipeline operator Enbridge have been accused by shareholder advocacy group Investors for Paris Compliance (I4PC) of misreporting disclosures related to their net zero commitments.
Centrica signs gas deal with Devon
Centrica Energy has entered into a natural gas sale and purchase agreement with US shale producer Devon Energy.
Talos announces Daenerys discovery in US Gulf
Talos Energy has discovered hydrocarbons at the Daenerys exploration well in the US Gulf of Mexico.
Caution continues among US shale drillers
US shale drillers continue to act with restraint, exercising caution in the face of market uncertainty and shareholder pressure, but are able to exceed performance expectations thanks to efficiency gains.
Guyanese oil output expected to flourish as Americas' outlook revised down
Oil production across the Americas is projected to reach 63mn barrels of oil equivalent per day by 2031, representing a 7% increase from 2024 levels, according to Westwood Global Energy Group's latest Wells & Production Outlook.
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