NorthAmOil Top Story archive

02 February 2017, Week 04, Issue 443

Canada’s National Energy Board (NEB) is restarting the regulatory review of TransCanada’s Energy East pipeline, further delaying the project.

26 January 2017, Week 03, Issue 442

BP has begun production at its Thunder Horse South expansion project ahead of schedule and under budget. The move is one of several in a series of efforts to expand BP’s production in the US Gulf...

19 January 2017, Week 02, Issue 441

Hess has announced that it is increasing its capital and exploration budget for 2017. The New York-based independent said on January 12 that its capital expenditure budget for the year totalled US...

12 January 2017, Week 01, Issue 440

W&T Offshore has announced the discovery of new, deeper reservoirs at the Mahogany field in the US Gulf of Mexico.

23 December 2016, Week 50, Issue 439

Norway’s Statoil has said it is exiting Canada’s oil sands with the sale of assets, as it continues efforts to streamline its portfolio.

08 December 2016, Week 48, Issue 437

Oklahoma City-based Chesapeake Energy is selling part of its Haynesville shale assets in Louisiana as part of the company’s ongoing push to shore up its balance sheet.

01 December 2016, Week 47. Issue 436

On November 28, Denver-headquartered Centennial Resource Development announced that it was acquiring oil and gas assets in Reeves County, Texas from Silverback Exploration for US$855 million.

10 November 2016, Week 44, Issue 433

The small-scale Woodfibre LNG project near Squamish has become the first in British Columbia to receive the go-ahead for construction from its backers.

03 November 2016, Week 43, Issue 432

Occidental Petroleum has bought more acreage in the Permian Basin, whilst also buying into more enhanced oil recovery (EOR) properties in the area. Oxy announced the deal on October 31, a day...

27 October 2016, Week 42, Issue 431

The Canadian National Energy Board (NEB) has predicted that the country’s oil and natural gas production will continue to rise for the next 30 years, but at a slower rate than previously forecast...

20 October 2016, Week 41, Issue 430

TransCanada announced last week it would offer lower pipeline tolls to producers to ship natural gas from Western Canada to Ontario. The company believes this move will help Canadian producers to...

13 October 2016, Week 40, Issue 429

Construction work restarted on October 11 on the Dakota Access pipeline in North Dakota after a federal appeals court in Washington, DC dealt a setback to a Native American tribe seeking to halt...

06 October 2016, Week 39, Issue 428

Calgary-based Enbridge is selling a pipeline system in Saskatchewan and Manitoba in order to free up cash for its acquisition of Spectra Energy.

29 September 2016, Week 38, Issue 427

The US oil rig count is set for its biggest quarterly rise in two years, according to recently published data from oilfield services firm Baker Hughes.

22 September 2016, Week 37, Issue 426

The provincial government of Alberta approved three oil sands projects last week. The capital cost involved will amount to roughly a combined C$4 billion (US$3 billion) if the projects are built...