Looking for more NorthAmOil articles? Or would you like to find out more about the publication? Keep reading.
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.
NorthAmOil is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.
Try it out
The majority of our premium content is ONLY available to our subscribers.
If you would like to try NorthAmOil we can offer you a, no obligation, free trial, giving you a chance to get to know the publication and get hooked on the quality content. No credit card required.
Simply fill in the form at the bottom of this page and we will send you your first copy of NorthAmOil
Need more convincing?
- Check out our client testimonial
- Read a recent issue
- Find out more about a NorthAmOil subscription
Occidental agrees to buy Carbon Engineering for $1.1bn
A subsidiary of Occidental Petroleum has struck a deal to acquire direct air capture technology player Carbon Engineering.
Unravelling the controversial decision: Alberta's renewable energy moratorium
Alberta, the largest oil and gas producing province in Canada, is facing pushback after imposing a seven-month halt on new wind and solar projects.
Woodfibre LNG moves ahead with construction of modules
Woodfibre LNG, a unit of Singapore-based Pacific Energy, has announced that it has given approval to a Chinese fabrication plant to commence building the 19 modules that will comprise the CAD6.8bn ($5.1bn) LNG facility.
NorthAmOil: Tourmaline joins Ksi Lisims LNG project
Southwestern’s earnings down 80% y/y
Southwestern Energy announced last week that its net income for the second quarter of 2023 totalled $231mn, and came in at $95mn on an adjusted basis. This represents an 80% year-on-year decline in net income from $1.17bn a year ago.
Chevron signs MoU with Cummins on lower-carbon fuels, completes PDC acquisition
Supermajor Chevron announced this week that it had signed a memorandum of understanding with Cummins to “leverage complementary positioning in hydrogen, natural gas and other lower-carbon fuel value chains”.
Cedar LNG partners push back targeted FID date
The partners in Canada’s Cedar LNG project, the Haisla Nation and Pembina Pipeline, have pushed back the target date for a final investment decision on the project to the fourth quarter of this year.
Tourmaline joins Ksi Lisims LNG project
Canada’s Tourmaline Oil announced last week that it had joined Rockies LNG Partners, the group developing the proposed Ksi Lisims LNG project on the British Columbian coast.
Talos makes Gulf discovery with Sunspear
Talos Energy said in its second-quarter earnings release this week that it had made a discovery at its Sunspear prospect in the US Gulf of Mexico.
Preparing for Trans Mountain expansion’s start-up
The Trans Mountain pipeline expansion is nearing start-up and trying to clear some final hurdles, after which the Canadian government faces the challenge of trying to sell the project
Driftwood LNG’s supply deal with Gunvor terminated
A 10-year LNG supply agreement between Driftwood LNG, the subsidiary of US LNG developer Tellurian, and Gunvor Singapore Pte Ltd has been annulled, according to a filing by Tellurian to the US Securities and Exchange Commission on August 1.
ExxonMobil reports drop in second-quarter profit
Supermajor ExxonMobil posted its results for the second quarter of 2023 on July 28. The company’s second-quarter earnings came in at $7.9bn, or $1.94 per diluted share, falling short of analyst expectations.
ConocoPhillips raises production forecast despite profit miss
US-based ConocoPhillips has raised its production forecast for the whole of 2023 slightly to 1.80-1.81mn barrels of oil equivalent per day, from prior guidance of 1.78-1.80mn boepd.
AER data show Alberta’s oil production at seven-year low
Oil production in the Canadian province of Alberta fell to a seven-year low in June amid maintenance at oil sands sites, though the data are also incomplete.
Alaska LNG faces hurdle after Japan and South Korea reject proposed project
The US’s proposed Alaska LNG project has hit a major road bump with Japan and South Korea declaring they will neither invest in or sign contracts to purchase LNG from the project, The Wall Street Journal reported on July 25.
BP vows to defend its rights in arbitration case against Venture Global
BP has declared it will defend its rights “to the absolute fullest” in its arbitration case brought against Venture Global LNG for failing to deliver contracted cargoes, BP’s chief executive officer, Bernard Looney, told Reuters on August 1.
US Supreme Court clears path for Mountain Valley completion
The US Supreme Court has lifted stays imposed by a lower court on the Mountain Valley Pipeline that had been preventing completion of a final section of the project.
US LNG exports climb in July after completion of maintenance works
The US has recorded a 9% rise in LNG exports in July compared to June, Reuters reported on August 2 citing preliminary data from Refinitiv Eikon.
Venture Global LNG’s Calcasieu Pass 2 receives final environmental approval
Venture Global LNG’s Calcasieu Pass 2 (CP2) project received environmental approval from the US Federal Energy Regulatory Commission on July 28, Reuters reports.
Canada proposes curbs on ‘inefficient’ fossil fuel subsidies
The Canadian government on July 24 unveiled a controversial framework for eliminating “inefficient” fossil fuel subsidies.
US gas prices fall 34% in first half of 2023, says EIA
The average monthly spot natural gas price at the US benchmark Henry Hub fell 34%, or $1.12, per million British thermal units (mmBtu) to $2.18/mmBtu between January and June, according to the Energy Information Administration.
TC Energy sells 40% of Columbia Gas, Columbia Gulf to GIP for $5.2bn
TC Energy has entered into an agreement to monetise a 40% interest in its Columbia Gas Transmission and Columbia Gulf Transmission systems.
US energy secretary calls again for additional oil supplies
US Energy Secretary Jennifer Granholm has called again for additional crude supplies because of volatile markets.
Follow us online