NorthAmOil Top Story archive

12 July 2018, Week 27, Issue 516

Canada’s Enbridge is selling its gas-gathering and processing assets in Western Canada to Brookfield Infrastructure Partners for about C$4.31 billion (US$3.27 billion), as it shifts its focus to...

05 July 2018, Week 26, Issue 515

US LNG producer Cheniere Energy has struck a preliminary deal to sell gas to Taiwan’s CPC for a period of 25 years. 

28 June 2018, Week 25, Issue 514

Kinder Morgan, Apache and EagleClaw Midstream are teaming up to build a US$2 billion natural gas pipeline from the Permian Basin to locations on the Texas Gulf Coast and in Mexico. The Permian...

21 June 2018, Week 24, Issue 513

Almost US$1 billion per month in US crude exports to China may be hit by the latest round of threatened trade tariffs. This last weekend, China warned of a 25% import duty on certain US exports to...

14 June 2018, Week 23, Issue 512

Customers using the Leach Xpress natural gas pipeline have been forced to seek alternative routes for their Appalachian Basin output following an explosion on the West Virginia section of the...

07 June 2018, Week 22, Issue 511

Devon Energy has struck a deal to sell its stakes in EnLink Midstream to Global Infrastructure Partners (GIP) for US$3.13 billion. Consequently, Devon is upping the amount it will spend on share...

31 May 2018, Week 21, Issue 510

Petronas has acquired a 25% stake in the Royal Dutch Shell-backed LNG Canada project, in British Columbia, just under a year after ending its own export plan, Pacific NorthWest LNG.  

24 May 2018, Week 20, Issue 509

Cheniere Energy has reached a final investment decision (FID) on Train 3 at its Corpus Christi LNG project. The first two trains on the project achieved FID in 2015. This will take Corpus Christi’...

17 May 2018, Week 19, Issue 508

Calgary-based Enbridge is considering selling off more assets in a push to cut its debt following the 2016 acquisition of Spectra Energy.

03 May 2018, Week 17, Issue 506

Marathon Petroleum is acquiring rival Andeavor in a move that will create the US’ largest independent refiner. The company will pay US$23.3 billion in cash and stock for San Antonio-based Andeavor...

26 April 2018, Week 16, Issue 505

Royal Dutch Shell has announced a final investment decision (FID) on the Vito development in the deepwater US Gulf of Mexico. The move comes as a major boost for the deepwater Gulf, where FIDs...

19 April 2018, Week 15, Issue 504

Alberta has introduced legislation that allows the province to restrict energy shipments to British Columbia as a result of the latter’s opposition to Kinder Morgan’s Trans Mountain pipeline...

12 April 2018, Week 14, Issue 503

Statoil and Total have completed the acquisition of bankrupt Cobalt International Energy’s US Gulf of Mexico assets, it was announced on April 11. Cobalt had held a 60% stake in the North Platte...

05 April 2018, Week 13, Issue 502

Energy Transfer Partners reported a cyber-attack on April 2 that targeted its electronic data interchange (EDI) systems run by Latitude Technologies, a unit of Energy Services Group. The EDI...

29 March 2018, Week 12, Issue 501

Concho Resources announced this week that it is buying RSP Permian in an all-stock deal valued at roughly US$9.5 billion including RSP’s US$1.5 billion of net debt. The transaction marks the...

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