NorthAmOil Top Story archive

22 March 2019, Week 11, Issue 550

Oil and gas operators could face a C$3 billion (US$2.2 billion) clean-up bill in British Columbia. This comes after the number of inactive wells that have not been decommissioned almost doubled to...

15 March 2019, Week 10, Issue 549

Tourmaline Oil could become Canada’s biggest natural gas producer by the end of this year.

08 March 2019, Week 09, Issue 548

In a blow to the Canadian oil industry, Enbridge has pushed back the timeline for the replacement of its ageing Line 3 oil pipeline by a year because the Minnesota permitting process will take...

01 March 2019, Week 08, Issue 547

Canadian energy regulators have recommended that the federal government approve the stalled Trans Mountain pipeline expansion for the second time, saying the project is in the national interest...

22 February 2019, Week 07, Issue 546

Devon Energy announced this week, alongside its fourth-quarter earnings, that its board has approved the sale of its heavy oil assets in Canada and in the Barnett shale gas play in the US. Selling...

14 February 2019, Week 06, Issue 545

US independent Sentinel Midstream has announced plans to develop a deepwater crude oil export terminal facility in Texas capable of fully loading a super-tanker in one day.

08 February 2019, Week 05, Issue 544

Qatar Petroleum (QP) and ExxonMobil have taken the final investment decision (FID) on the Golden Pass LNG project, in Sabine Pass, Texas. The project will consist of three 5.2 million tpy trains,...

31 January 2019, Week 04, Issue 543

ExxonMobil’s refinery in Beaumont, Texas is officially set to overtake Motiva Industries’ Port Arthur facility as the largest refining complex in the US. 

25 January 2019, Week 03, Issue 542

Calgary-based Value Creation is ready to break ground on a new C$2 billion (US$1.5 billion) bitumen upgrader project that has been bolstered by a loan guarantee from the Alberta provincial...

11 January 2019, Week 01, Issue 540

BP announced this week that it had approved a “major” expansion of its Atlantis project in the deepwater US Gulf of Mexico. The super-major also said it had identified “significant” additional oil...

19 December 2018, Week 50, Issue 539

Institutional investors in US super-major ExxonMobil have said they will call for a reduction in the firm’s GHG emissions to bring the company in line with its competitors. 

13 December 2018, Week 49, Issue 538

The US has become a net exporter of crude oil and refined products for the first time in decades – though this is likely to be short-lived. At the same time, imports have fallen, the US Energy...

29 November 2018, Week 47, Issue 536

TransCanada is asking the courts if it can continue preliminary construction work on the stalled Keystone XL pipeline. 

15 November 2018, Week 45, Issue 534

The Newfoundland and Labrador government has received a record C$1.38 billion (US$1.05 billion) worth of offshore exploration bids.

08 November 2018, Week 44, Issue 533

Calgary-based Imperial Oil’s profit more than doubled in the third quarter of 2018 compared with the same quarter a year ago thanks to booming production at its Kearl oil sands project in northern...