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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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Venezuelan oil continues to flow to the US after Maduro’s disputed inauguration
The United States will preserve Chevron's operating licences in Venezuela despite mounting tensions over President Nicolas Maduro's controversial January 10 inauguration, highlighting Washington's delicate position.
Venture Global to begin pitching investors for $110bn IPO valuation
US LNG developer Venture Global is set to commence pitching investors for its long rumoured initial public offering.
Glenfarne’s Alaska LNG project takes key step forward
Glenfarne’s $44bn Alaska LNG project has moved closer to fruition after the Alaska Gasline Development Corporation agreed to enter an exclusive partnership with the firm to develop the project.
Oil up as China, India set to feel effects of US sanctions on Russia
Oil prices have risen for a third straight session as the price of Brent surpassed $81 per barrel on October 13. This is its highest level in over four months.
Trump’s advisers push for patience in lifting LNG approvals ban
President-elect Donald Trump is being cautioned by his advisors against attempting to restart LNG approval permits too quickly.
Incoming US President Trump insists that EU buy more US LNG
Trump is keen to export more gas and oil, especially to Europe where a stoppage in Russian gas flows could be filled with US LNG.
Biden moves to block much offshore oil drilling permanently
Outgoing President Joe Biden is banning all future offshore oil and gas drilling on the East and West coasts of the US, as well as in the Eastern Gulf of Mexico and in the North Bering Sea in Alaska, a move President Donald Trump will try to undo.
Trump team remains divided over Venezuela policy
The incoming Donald Trump administration in the US has sent conflicting signals about its approach to Venezuela.
Phillips 66 to increase Permian midstream business with $2.2bn EPIC NGL purchase
Phillips 66 has entered into a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own subsidiaries and long-haul natural gas liquids pipelines, fractionation facilities and distribution systems.
US gains most from "energy market redivision" in Europe, says Russian foreign ministry
The US has gained the most from the "redivision of the energy market” in Europe, Russian Foreign Ministry spokesperson Maria Zakharova told Russian media on January 2.
Biden administration sets rules for US hydrogen tax credits
The outgoing administration of US president Joe Biden has finally completed its much-anticipated plan to provide lucrative subsidies to companies producing hydrogen, aiming to boost a new sector that could aid in reducing climate change impacts.
US LNG exports climbed by 4.5% in 2024
US LNG exports for 2024 rose by a relatively flat 4.5% compared with 2023.
Faster oil, gas permitting expected under Trump
US energy leaders foresee quicker approvals for federal land drilling under President-elect Donald Trump, according to a new Federal Reserve Bank of Dallas survey.
New York adopts $75bn climate superfund bill aimed at oil, gas companies
Oil and gas companies may face billions of dollars in costs after New York Governor Kathy Hochul signed the Climate Change Superfund Act, a major win for environmental advocates who blame fossil fuels for climate change.
Large amount of untapped oil in the Bakken
Experts indicate that a large amount of untapped oil lies in the northwestern region of North Dakota’s Bakken Petroleum System.
Cheniere achieves first LNG at Corpus Christi Stage 3 project
Cheniere Energy, Inc’s Corpus Christi Stage 3 project has produced LNG for the first time.
Chevron agrees to 20-year LNG sales and purchase agreement with Energy Transfer
US firm Energy Transfer will supply LNG to supermajor Chevron in a long-term sales and purchase agreement.
Venture Global files to list on New York Stock Exchange
US LNG producer Venture Global has filed for an initial public offering, ending over a month of speculation.
Taiwanese semiconductor maker expresses interest in Canadian LNG
The Taiwan Semiconductor Manufacturing Company (TSMC) is looking to Canada for LNG as the world’s biggest producer of semiconductor chips experiences tremendous growth.
Trump's return could threaten Venezuela oil sanctions thaw
US President-elect Donald Trump's return to the White House is set to reshape Washington's approach to Venezuelan oil policy, as analysts debate whether his administration will revive the "maximum pressure" campaign that marked his first term.
LatAmOil: Trump's return could threaten Venezuela oil sanctions thaw
Argentine asset manager sentenced in Venezuelan corruption case tied to Maduro’s family
Fernando Vuteff, an Argentine financier, was sentenced to two and a half years in a US prison for his role in laundering funds embezzled from Venezuela’s state oil company, PDVSA
US judge orders reopening of Citgo auction data room to allow for fresh bids
A US judge overseeing the auction of Citgo shares has agreed to reopen the virtual data room to allow potential buyers to prepare new bids, following pressure from creditors
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