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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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BP forecasts global LNG exports to increase through 2035
Supermajor BP expects LNG demand to climb to 900bn cubic metres by 2035, the British energy company predicted in its Energy Outlook.
TotalEnergies inks Heads of Agreement LNG deal with Hyundai Chemical
French supermajor TotalEnergies signed a Heads of Agreement with South Korea’s Hyundai Chemical.
ADNOC’s subsidiary XRG acquires stake in Rio Grande LNG project in Texas
The United Arab Emirates’ state-run oil and gas company ADNOC announced that its investment vehicle XRG has closed its acquisition of an equity stake in NextDecade’s Rio Grande LNG project located in Brownsville, Texas.
Chevron curbed by new US limits on Venezuelan oil exports
Trump lavishes praise on Erdogan in White House meeting and suggests Turkey stop buying Russian oil and gas
Some big military and civilian aircraft deals may be in the making, but the deal-making remains behind closed doors.
Venezuela’s oil standoff draws in US, China and Europe
US military patrols targeting suspected drug shipments off Venezuela’s coast have become the latest flashpoint in a conflict that extends far beyond narcotics.
US DoJ weighs in on Line 5 dispute, sides with Enbridge
The US Department of Justice has waded into a long-running dispute between Enbridge and the State of Michigan over the Line 5 oil and natural gas liquids pipeline.
Canada begins efforts to fast-track energy projects
Canada is beginning efforts to fast-track energy projects, starting with an initial list of five that was unveiled earlier this month.
Sempra agrees to sell infrastructure arm stake, approves Port Arthur LNG expansion
Sempra has agreed to sell a 45% equity stake in its Sempra Infrastructure Partners unit for around $10bn, while also taking a final investment decision on Phase 2 of Port Arthur LNG.
US fracking pioneer Continental may invest in Argentina’s Vaca Muerta
Argentina's President Javier Milei met with Continental Resources executives on September 18 to explore investment opportunities in the Latin American country's hydrocarbon sector, particularly the Vaca Muerta shale formation
Turkey announces US-origin LNG deals that could secure 76 bcm over 20 years
Turkey’s state-controlled energy trade and infrastructure company Botas on September 24 announced two deals that could secure the supply of around 75.8bn cubic metres (bcm) of US-origin liquefied natural gas (LNG) over a period of 20 years.
Uruguay backs Argentina in appeal over YPF ruling
Uruguay has formally aligned with Argentina in its battle against a US court order requiring Buenos Aires to cede a majority stake in state-run oil company YPF
Word leaks of $43bn US-Turkey LNG deal ahead of Trump-Erdogan meeting at White House
Agreement would cover imports through 2045.
Chevron eyes acquiring European regasification terminals
US supermajor Chevron has opened discussions to purchase regasification terminals in Europe.
World's leading producers continue output plans above Paris deal compatibility
Many of the world’s major fossil fuel producers plan oil, gas and coal extraction far beyond levels compatible with the Paris Agreement.
Canada's Carney and Mexico's Sheinbaum pledge stronger trade ties amid Trump uncertainty
Venezuela launches broad investigation into former opposition over Citgo
US court ruling bolsters PDVSA bondholders as Citgo auction advances
A US federal judge has upheld the legality of Petróleos de Venezuela SA’s 2020 bonds, dealing a setback to the Venezuelan state oil company as it tries to shield its prized US refining asset Citgo from creditors
Mexico and Canada close ranks ahead of USMCA review
Mexico and Canada have stepped up efforts to consolidate their bilateral relationship in anticipation of the 2026 review of the United States-Mexico-Canada Agreement.
New Fortress Energy and Puerto Rico agree on long-term LNG supply deal
US firm New Fortress Energy has inked a 7-year LNG supply deal with the Puerto Rico Public-Private Partnerships Authority and the Third-Party Procurement Office.
Democratic Senators push Trump to ramp up targeted sanctions on Russian LNG
Calls are mounting by Democratic senators for US President Donald Trump to increase targeted sanctions on Russia’s LNG sector.
EU plans to move forward Russian LNG import ban in new sanctions package
The EU is considering moving ahead one year its ban on Russian LNG imports to come into force at the start of 2027.
Canada’s MEG urges shareholders to reject Strathcona’s revised bid
MEG Energy's board of directors had reaffirmed its “unanimous” recommendation that shareholders approve a proposed takeover by Cenovus Energy, rejecting a revised offer by Strathcona Resources.
Canada’s Ksi Lisims LNG obtains regulatory approvals
The proposed Ksi Lisims LNG project in British Columbia has received two separate regulatory approvals.
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