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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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Gulf Coast refiners making manoeuvres amid COVID-19 outbreaks
Refiners on the US Gulf Coast are trying to maintain operations and make various moves while battling coronavirus (COVID-19) outbreaks and delays related to the pandemic.
Diamondback scales back 2020 output forecast
Shale driller Diamondback Energy has scaled back its production forecast for 2020, citing higher-than-expected curtailed volumes in the second quarter of the year, and volatile crude prices.
Gas flows to US LNG terminals fall to new lows
Natural gas flows to US liquefaction terminals fell to new lows in July, having already registered a 20-month low in June.
NextDecade reduces Rio Grande LNG plan to five trains
NextDecade is optimising the plan for its Rio Grande LNG export project on the Texas Gulf Coast, which will allow it to reduce the scale of the facility from six liquefaction terminals to five while still producing 27mn tonnes per year as planned.
US oil imports from Mexico surge to 8-year high
The volume of crude oil imported from Mexico into the US jumped to its highest level in more than eight years in early June.
Pipeline jitters overshadow return of curtailed output
North American producers are restoring some of the output they curtailed in recent months, while concern mounts over the fate of both future and existing pipelines.
NRG: Deep and wide – coverage round the world
Court forces shutdown of Dakota Access Pipeline
Dallas-based Energy Transfer is facing new legal challenges, as a US federal court has ordered it to empty the Dakota Access Pipeline (DAPL) and suspend crude oil flows pending the completion of an environmental review.
Enbridge resumes shipments through western leg of Line 5
Enbridge has brought the western leg of Line 5, the twin pipeline that pumps crude oil and natural gas liquids (NGLs) from western Canada to Ontario via the Great Lakes, back on stream.
EIA sees US gas demand and consumption dropping in 2020-2021
The US Energy Information Administration (EIA) has said it expects domestic production of and demand for natural gas to decline in 2020 and 2021.
ExxonMobil reports another quarterly loss
ExxonMobil is on track to post two consecutive quarterly losses for the first time in its history.
US Secretary of Energy approves Jordan Cove LNG exports
US Secretary of Energy approves Jordan Cove LNG exports
What next for US-Mexico energy relations?
As a new free trade agreement takes effect in North America, some industry observers remain concerned about Mexico’s willingness to remove obstacles to US investors.
Noia urges Canadian government to support offshore operators
The Newfoundland & Labrador Oil & Gas Industries Association (Noia) has called on the Canadian government to provide more support to developers of offshore hydrocarbon fields.
NRG: Bracing for the second wave
Dominion Energy, Duke Energy cancel Atlantic Coast Pipeline
Dominion Energy and Duke Energy have opted not to move forward with the construction of the Atlantic Coast Pipeline (ACP) along a 970-km route through West Virginia, Virginia and North Carolina.
COVID-19 weighs on LNG exports as demand remains depressed
COVID-19 continues to depress demand for LNG and batter exports, though some positive signs have emerged amid a generally bearish outlook for the coming months.
Pricing agencies launch new US crude benchmarks
Two leading oil price reporting agencies – Argus Media and S&P Global Platts – announced last week that they were launching new oil benchmarks on June 26 to reflect the price of US Gulf Coast-traded crude on tankers.
Surprising surge seen in LOOP oil exports
Exports from the Louisiana Offshore Oil Port (LOOP) are reaching record highs, which may be seen as surprising given that overall US crude exports have fallen.
District of Columbia files latest climate change lawsuit against oil companies
District of Columbia Attorney General Karl Racine has filed a lawsuit against ExxonMobil, Chevron, BP and Royal Dutch Shell, accusing the companies of misleading consumers about the role their products play in causing climate change.
Alberta extends investigation into foreign funding of oil opponents
The government of Alberta has extended an investigation into whether foreign money is being used to fund anti-oil protests in the province.
Court allows Enbridge to reopen portion of Line 5
Canada’s Enbridge has been given permission by a judge in Ingham County, Michigan, to reopen part of the damaged Line 5 in the Straits of Mackinac.
Alaska approves part of BP asset sale to Hilcorp
Officials in Alaska have approved part of the sale of BP’s portfolio in the state to privately owned Hilcorp Energy.
Canadian producers' struggle for survival
As high-profile bankruptcies are being reported in the US, Canadian companies are also struggling to stay afloat.
Bankruptcies highlight turnaround in shale fortunes
Chesapeake Energy’s much-anticipated bankruptcy filing has been announced, with two more shale drillers also filing for bankruptcy protection.
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