NorthAmOil - North America Oil & Gas
Venezuela advances gas plans with BP as Shell eyes Loran opportunities
Venezuela is stepping up planning for its natural-gas sector, with the hydrocarbons ministry and BP Exploration Caribbean Limited reviewing development work at the Cocuina field as they prepare an operational roadmap for 2027
South Korean officials say no agreement yet on Alaska LNG investment despite Trump announcement
South Korean officials warned this week that their country had not yet committed to investing in the proposed Alaska LNG project.
Centrica, Ksi Lisims LNG enter HoA for long-term LNG supply
The UK’s Centrica Energy has entered into a heads of agreement to buy 1mn tonnes per year of LNG from the proposed Ksi Lisims project in Canada.
MidOcean secures more than $4bn to fund LNG growth strategy
MidOcean Energy has secured more than $4bn to help fund its LNG growth strategy.
Venezuela oil exports drop 9% in September as freight costs rise
Venezuela’s oil exports declined almost 9% in September as higher maritime freight costs pushed buyers to seek deeper discounts and contributed to delays in loading cargoes
OPEC+ holds November oil supply steady as Venezuela backs market stability
OPEC+ will keep crude production unchanged in November, extending the supply level set in September for a second straight month as the alliance continues to monitor global market conditions
Eni, Repsol weigh outside investment in Venezuela’s Perla gas field
Eni SpA (Milan: ENI) and Repsol SA (Madrid: REP) are weighing a sale of part of their interests in Venezuela’s Perla natural gas project as they seek additional capital to expand the offshore field
Rodríguez meets Baker Hughes CEO on Venezuela gas projects
The discussions brought together Baker Hughes executives with representatives of Venezuelan-rooted Lindsayca and Canadian energy company New Stratus Energy, both of which have experience in gas developments
Brazil’s Eneva targets Venezuela gas with eye on power, liquids and mature fields
Brazilian energy producer Eneva SA (B3: ENEV3) is looking to turn Venezuela’s largely untapped natural gas resources into a range of commercial products
Venezuela oil exports to US surge 170% as Citgo returns
Venezuelan crude shipments to the US surged 170% in the first seven months of 2026, with Citgo Petroleum returning as a buyer after a seven-year absence and helping drive a sharp recovery in bilateral oil trade
Baker Hughes signs Venezuela deals to revive gas infrastructure
Baker Hughes (NASDAQ: BKR) agreed to partnerships aimed at rebuilding Venezuela’s natural-gas infrastructure and developing future oil and gas projects, expanding the energy technology company’s role across the country’s supply chain
Venture Global announces new offtake deal amid push for commercial operations at Plaquemines
US LNG developer Venture Global has signed a 20-year sales and purchase agreement with ConocoPhillips covering 1mn tonnes per year of LNG.
Mexican judge temporarily bars construction of Amigo LNG
A federal judge in the Mexican state of Sonora has issued a ruling that temporarily bars the previously authorised construction of the proposed Amigo LNG terminal in Guaymas.
AEC, Canadian firm GSMS agree to explore LNG and LPG supplies to Africa
The African Energy Chamber has signed a two-year memorandum of understanding with Canadian project developer and commodities broker GSMS to explore LNG and LPG supplies from Canada to African markets, initially targeting West Africa.
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