NorthAmOil - North America Oil & Gas

2 October 2026

House Democrats seek answers on US stake in Venezuelan oil firm

1 October 2026

Senior House Democrats are pressing the Trump administration for details of a US-backed Venezuelan oil agreement, escalating congressional scrutiny over a deal that could give Washington an equity position in North American Blue Energy Partners

Qatar’s UCC considers expanding Venezuela oil and gas presence

1 October 2026

Qatar’s UCC Oil and Gas Holding is weighing a broader push into Venezuela, looking beyond the offshore gas venture that marked its entry into the country as the government seeks foreign partners to revive its energy industry

GeoPark seeks Venezuela diluent supply ahead of Orinoco start

1 October 2026

GeoPark Ltd. is working with Venezuela’s state oil company on a supply arrangement that could determine how quickly it can ramp up its first project in the country

Venezuela oil revival draws interest despite power and output constraints

1 October 2026

Venezuela’s push to revive its oil industry is attracting interest from foreign producers, but companies looking to expand are confronting infrastructure and operational problems that have already forced some to revise their plans

Canada’s energy regulator approves Trans Mountain tolls settlement

1 October 2026

The Canada Energy Regulator announced this week that it had approved the tolls settlement for the Trans Mountain oil pipeline system.

BP reported to have explored acquisition of Devon assets before backing away

1 October 2026

BP reportedly explored a potential acquisition of Devon Energy’s Eagle Ford shale assets in South Texas but ultimately decided not to proceed.

Shell takes FID on LNG Canada Phase 2

1 October 2026

Shell and its partners have made a final investment decision on Phase 2 of LNG Canada.