NorthAmOil Top Story archive

06 September 2018, Week 35,Issue 524

Total and its partners are selling their interests in the Joslyn oil sands project in Alberta for C$225 million (US$171 million). 

30 August 2018, Week 34, Issue 523

Genesis Energy said this week that it had entered into an agreement to sell midstream assets in Wyoming’s Powder River Basin to an affiliate of Silver Creek Midstream for US$300 million.

23 August 2018, Week 33, Issue 522

One of Canada’s largest defined benefit pension funds is paying C$1.87 billion (US$1.44 billion) for a stake a pipeline that transports oil from the Permian Basin to refineries and export...

16 August 2018, Week 32, Issue 521

Cenovus Energy is selling its Pipestone business and Wembley natural gas assets in northwestern Alberta for C$625 million (US$476 million) as it works to further pay down its debt. 

09 August 2018, Week 31, Issue 520

Deep Gulf Energy is being sold by private equity firm First Reserve for over US$1.2 billion to Kosmos Energy. The US Gulf of Mexico transaction marks Kosmos’ entry into the recovering region. 

02 August 2018, Week 30, Issue 519

Oil sands producer Suncor Energy has lowered its 2018 production guidance in wake of an extended shutdown at the Syncrude Canada mine.

26 July 2018, Week 29, Issue 518

Continental Resources announced its preliminary second-quarter production results this week. The Oklahoma City-based company said that its crude output rose by 25% year on year in the second...

19 July 2018, Week 28, Issue 517

US-based ConocoPhillips has said in an update that it has discovered additional oil and gas resources during its winter exploration and appraisal campaigns on Alaska’s North Slope over the past...

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.