NorthAmOil Top Story archive

22 February 2018, Week 07, Issue 496

 Noble Energy has posted fourth-quarter net income of US$494 million but a full-year loss of US$1.12 billion. The company, on February 20, said sales volume was 380,000 boepd in the fourth quarter...

15 February 2018, Week 06, Issue 495

The US has said it will sell 15% of its Strategic Petroleum Reserve (SPR) within the next 10 years in an effort to help offset a budget shortfall, in addition to other sales approved last year....

08 February 2018, Week 05, Issue 494

Pioneer Natural Resources has set out plans to sell off a slew of assets, leaving it to focus on the Permian Basin. Assets to be sold include those in South Texas, Raton and the West Panhandle....

01 February 2018, Week 04, Issue 493

Royal Dutch Shell and Chevron both announced significant deepwater Gulf of Mexico finds this week, in a welcome demonstration that there are US opportunities beyond onshore shale oil plays. Shell’...

25 January 2018, Week 03, Issue 492

Plains All American (PAA) has confirmed it will go ahead with its plans for the 585,000 bpd Cactus II pipeline, with Trafigura signing up for 300,000 bpd. 

18 January 2018, Week 02, Issue 491

A patent law case with potentially serious implications for the US and Canadian shale industries is once again in the news this week, after Packers Plus Energy Services announced that it had filed...

11 January 2018, Week 01, Issue 490

The government of US President Donald Trump has proposed an unexpectedly large expansion of offshore drilling in most federal waters, from California to Alaska. The plan is unprecedented in scope...

22 December 2017 Week 50 Issue 489

Tellurian has set out plans to develop three pipelines in Texas and Louisiana, continuing its bold expansion strategy to seek a stronger hold in the US’ gas market. Setting out its intent on...

14 December 2017, Week 49, Issue 488

An oil and gas lease sale in Alaska has drawn few bids despite the large amount of acreage on offer.

07 December 2017, Week 48, Issue 487

Tokyo Gas has signed a letter of intent (LoI) on the proposed Alaska LNG project. The Alaskan plan featured strongly in US President Donald Trump’s November visit to Asia, with a memorandum of...

01 December 2017, Week 47, Issue 486

Production has begun at the Hebron field, offshore Newfoundland and Labrador, operator ExxonMobil said on November 28. The project will peak at 150,000 bpd of heavy oil – at 20 degrees API. 

23 November 2017, Week 46, Issue 485

The long-stalled Keystone XL project passed a critical regulatory hurdle on November 20, just days after the existing Keystone pipeline leaked 210,000 gallons (5,000 barrels) of oil in South...

17 November 2017, Week 45, Issue 484

Cenovus Energy announced this week that it was selling its majority stake in the Weyburn carbon dioxide (CO2) enhanced oil recovery (EOR) assets in Saskatchewan to Whitecap Resources for C$940...

09 November 2017, Week 44, Issue 483

Continental Resources reported a net income of US$10.6 million for the third quarter, versus a US$109.6 million loss for the same quarter in 2016. This marks the strongest quarter for the company...

03 November 2017, Week 43, Issue 482

Kinder Morgan Canada has appealed to the Canadian National Energy Board (NEB) to approve construction on its planned Trans Mountain pipeline expansion after failing to gain permits from the city...

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