NorthAmOil Top Story archive

26 April 2019, Week 16, Issue 555

Occidental Petroleum has announced that it is offering to buy Anadarko Petroleum for US$38 billion, or US$76 per share. The deal, which is valued at US$57 billion including debt, comes less than...

19 April 2019, Week 15, Issue 554

A Royal Dutch Shell unit has struck a deal to sell its stake in the offshore Caesar-Tonga field in the US Gulf of Mexico to a subsidiary of Israel’s Delek Group for US$965 million in cash. Shell...

12 April 2019, Week 14, Issue 553

Japan’s JERA said on April 09 that it has signed an agreement with Mitsubishi for gas from the planned LNG Canada project in British Columbia.

05 April 2019, Week 13, Issue 552

A consortium of First Nations is planning to bid C$6.8 billion (US$5.1 billion) for a majority stake in the Trans Mountain pipeline and its expansion project. The move by the bid group, known as...

29 March 2019, Week 12, Issue 551

Pipeline operator Kinder Morgan has exited a proposed US$800 million offshore crude export terminal project in the Gulf of Mexico known as Texas COLT. The Houston-based company sold its stake in...

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...

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