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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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Hopes and fears for Permian associated gas amid oil pullback
Producers in the Permian Basin could start turning their attention to natural gas, but the picture is complicated.
Gold Reserve-led group to secure Venezuela's Citgo parent in Delaware court auction
A consortium led by Gold Reserve Ltd. is set to be recommended as the top bidder for the parent company of Citgo Petroleum Corp., marking a key milestone in Venezuela’s prolonged creditor dispute.
Venezuela’s PDVSA opposition board welcomes US support as Citgo legal shield holds
Venezuela’s ad hoc board overseeing PDVSA expressed gratitude to US lawmakers, including Florida Republican María Elvira Salazar, for backing efforts to protect Citgo Petroleum from creditor claims
Gold Reserve-led group poised to secure Venezuela's Citgo parent in Delaware court auction
A consortium led by Gold Reserve Ltd. is set to be recommended as the top bidder for the parent company of Citgo Petroleum Corp., marking a key milestone in Venezuela’s prolonged creditor dispute
Coastal Bend LNG initiates development in Texas
The US could get another new LNG terminal, with the announcement by Coastal Bend LNG on June 26 that it has initiated development for a 22.5mn tonnes per year facility, which would be located on the Texas Gulf Coast.
LNG Canada loads country’s first cargo for export
Shell-operated LNG Canada has begun loading the country's first-ever cargo of the super-chilled fuel for export.
OPEC+ poised for further oil output boost in August
OPEC and its allies are set to press ahead with another substantial increase in oil production for August
Iraq holds talks with Excelerate Energy on buying first LNG from US
Iraq is in the final stages of negotiating its first-ever purchase of LNG supplies as power outages hamper the Middle East country.
CNRL reportedly agrees to sell gas processing interest to address competition concerns
Canadian Natural Resources Ltd (CNRL) has reportedly agreed to sell 75% of its interest in its Seiu Lake natural gas processing plant to address competition concerns.
Enbridge, Energy Transfer gauge interest in Illinois pipeline capacity
Enbridge and Energy Transfer are reportedly gauging interest in increased pipeline capacity in Illinois that would help to expand US access to crude flows from Canada’s oil sands.
Energy Transfer expands offtake agreement with Chevron for Lake Charles LNG volumes
Energy Transfer has expanded its offtake agreement with Chevron for the planned Lake Charles LNG project in Louisiana.
Cheniere approves next stage of expansion
Cheniere Energy has taken a final investment decision on the next stage of expansion at Corpus Christi LNG.
Gold Reserve seeks US Treasury clarification as Citgo auction nears final stage
Gold Reserve Inc. has filed an emergency motion in a Delaware court requesting clarification from the US Treasury Department on the scope of a recently extended licence shielding Citgo Petroleum from creditor claims
Challenges to Woodfibre LNG’s floatel dismissed by Canada’s Federal Court
Two legal challenges to Woodfibre LNG’s “floatel” application to house workers on for the LNG project have been thrown out by Canada’s Federal Court.
LNG Canada produces first gas for export
Canada has produced its first LNG for export with the Shell-led LNG Canada set to begin shipping the super-chilled fuel this summer.
Russia courts Mexico with LNG offer as energy ties with US face strain
Russia is pushing to boost energy ties with Mexico, offering LNG and tech support as the country faces ageing infrastructure, low output, and heavy reliance on US gas.
Mexico sets record for US natural gas imports whilst reducing fuel purchases
Mexico registered record levels of natural gas imports from the United States during the first quarter of 2025, averaging 6.17bn cubic feet per day, a 5% increase compared to the same period in 2024, Bloomberg Línea reported.
Commonwealth LNG receives final go-ahead from FERC
Kimmeridge’s Commonwealth LNG has received a final order from the US Federal Energy Regulatory Commission (FERC), upholding the authorisation to build the Commonwealth liquefaction terminal.
Keyera bolsters Canadian NGL operations with Plains deal
Keyera is buying a package of mostly Canadian assets from Plains All American for CAD5.15bn ($3.76bn).
INTERVIEW: The sustainability shift to LNG bunkering at Canadian ports
Larissa Fenn, vice-president of corporate affairs at HOPA Ports, speaks to us about the growth of LNG bunkering at Canadian ports.
Mitsubishi reportedly in talks to buy Aethon’s shale assets
Japan’s Mitsubishi is reportedly in talks to buy the US shale production and pipeline assets of Aethon Energy Management.
Carbon capture and storage has reached a ‘turning point’, says DNV
A new report from DNV anticipates that total funding for carbon capture and storage will hit $80bn by the end of this decade
Mexico’s energy security could be at risk amid record gas imports from the US
Mexico’s reliance on imported natural gas from the United States has reached unprecedented levels, raising serious concerns over its long-term energy security.
COMMENT: Israel-Iran conflict intensifies with limited macro fallout but mounting geopolitical risk
The recent escalation in hostilities between Israel and Iran has signalled a shift from earlier, more calibrated exchanges to a broader and more sustained confrontation.
ING: Oil in focus as Israel-Iran conflict escalates
Commodity markets are focused on escalating geopolitical tensions between Israel and Iran, with the Middle Eastern conflict sparking a surge in oil prices.
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