NorthAmOil Top Story archive

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...

22 March 18, Week 11, Issue 500

Cenovus Energy is reportedly seeking a partner to fund C$1.3 billion (US$1.0 billion) in construction costs to build supporting infrastructure at its Narrows Lake oil sands development.

15 March 2018, Week 10, Issue 499

Distressed Chinese-backed Canadian energy company Sequoia Resources is walking away from thousands of Alberta well sites in a move that will put a financial strain on the province’s Orphan Well...

08 March 2018, Week 09, Issue 498

Following an amended sales and purchase agreement (SPA) with Royal Dutch Shell, Venture Global LNG’s Calcasieu Pass has contracted 3 million tpy of supplies. 

01 March 2018, Week 08, Issue 497

Canada’s Suncor Energy has applied to build a 160,000 bpd oil sands plant in Alberta. The proposed Lewis project, wholly owned by Suncor, would be located roughly 25 km northeast of Fort McMurray...

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....

Pages