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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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US vows to raise LNG exports to Europe
The US will increase LNG supplies exported to Europe, US officials have vowed.
Northeast Asian countries debate feasibility study for Alaska LNG
Collaboration on a feasibility study for Alaska LNG is being considered by Japan, South Korea, and Taiwan.
US LNG sector rebuffs Trump’s attempts to levy tariffs on Chinese-built vessels
The US LNG sector is pushing back against President Donald Trump’s attempt to force the industry to utilise US transport vessels through levying tariffs on Chinese-built ships using US ports.
OPEC+'s rise in oil output could trigger sharp fall in oil prices in 2027-28: Alfa Bank
OPEC+'s plans to raise oil production amid the US’ new protectionist trade policies could lead to a sharp decline in Brent crude prices in 2027-2028.
Chevron tankers left idle as PDVSA halts Venezuela crude shipments
Chevron Corp. has been forced to remarket several oil tankers originally designated for Venezuelan crude exports to the United States, after state-owned PDVSA revoked loading authorisations and ordered cargoes to be returned amid payment disputes
Mexico reinstates Valero fuel import licence after suspension
Mexico has reinstated independent US refiner Valero Energy's fuel import licence following a suspension in early April, the company's chief operating officer Gary Simmons told analysts on April 24.
Despite Trump’s Tariffs Woodside takes positive FID on Louisiana LNG
Australia’s Woodside Energy is considering the implications of US tariffs on its Louisiana LNG project after taking a positive final investment decision.
EQT to acquire Olympus for $1.8bn
EQT has agreed to acquire the upstream and midstream assets of Olympus Energy for $1.8bn.
ConocoPhillips reportedly planning more layoffs
ConocoPhillips is reportedly planning to cut staff numbers as part of an effort to cut costs and streamline operations.
ExxonMobil, Calpine sign CO2 transportation and storage agreement
ExxonMobil has struck a deal with electricity producer Calpine to transport and permanently store up to 2mn tonnes per year of carbon dioxide from a cogeneration facility in Texas.
Halliburton posts reduced first-quarter profit, warns of headwinds
Halliburton’s first-quarter results come with a warning of short-term challenges amid tariff uncertainty and weaker oil prices as the company looks ahead.
Asian countries see LNG purchases from US as means to address Trump’s tariffs
America’s trading partners in Asia are seeking to find a means to avoid US tariffs. For some, agreeing to purchase more LNG from the US or join the Alaska LNG project is the way to do it.
Crude prices climb by 5% amid Trump tariffs & OPEC+ output cuts
Crude oil prices have increased by 5%, pushed by US sanctions on Iran that were aimed at damaging ‘teapot’ refineries in China, and additional output cuts from the Organisation of the Petroleum Exporting Countries and its allies (OPEC+).
Iran’s energy sector open to US investment, oil minister says
Iran’s petroleum industry is open to foreign investors, including American firms, Oil Minister Mohsen Paknejad said, as Tehran and Washington are set to sit down at the negotiating table to clear the air over Iran’s nuclear programme.
Chevron kicks off deepwater production at Ballymore
Chevron has begun production from the Ballymore subsea tieback in the deepwater US Gulf of Mexico.
EU mulls easing methane rules for US LNG
The European Union could take action to make it simpler for US LNG imports to meet the bloc’s methane emissions requirements.
China’s CNOOC bypasses US and signs LNG deal with ADNOC amid escalating tariff war
State-run China National Offshore Oil Corporation has come to agreement with Abu Dhabi National Oil Corp to purchase LNG from the Gulf company.
Canada weighs building new LNG export terminal on Hudson Bay
Canadian officials are mulling the possibility of building an export terminal on Hudson Bay to enable LNG to be shipped easily year-round to markets in Europe.
Iraq surpasses Saudi Arabia in oil exports to US
The US Energy Information Administration announced on April 20 that Iraq’s oil exports to the US exceeded those of Saudi Arabia during the past week.
Mexico suspends Valero fuel import permits
Mexican tax authority SAT suspended US refiner Valero's fuel import permits on April 9, the company said, Argus Media reported on April 11.
Mexico halts US fuel imports by truck in illegal sales crackdown
Mexico temporarily suspended fuel imports from the United States by truck as it steps up permit inspections to combat illegal fuel trades.
FTC potentially moving to ease restrictions on ExxonMobil, Chevron board membership
The US Federal Trade Commission has taken a step towards potentially easing restrictions on board membership at ExxonMobil and Chevron.
Enhanced geothermal, the next frontier: interview
The administration of President Donald Trump is sceptical about much renewable energy, but not about enhanced geothermal, which is also known as next-generation geothermal.
Calcasieu Pass LNG begins commercial operations after over three years in commissioning
Venture Global LNG has begun commercial operations at its Calcasieu Pass LNG export terminal in Louisiana.
Pantheon spells out hopes for Alaskan oil assets
Pantheon Resources is optimistic that it is in the right place at the right time as it sets out plans to develop its oil acreage in Alaska.
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