North America

Earnings , Transactions , Pipelines

Pipeline Operator TC Energy Posts Higher Profits, Looks to Sell Assets

TC Energy plans to sell off assets and minority interests to generate over C$5 billion through 2023, according to the company's CEO.

November 9, 2022

Public Capital , Shale Plays , Acquisitions & Divestitures

Enerplus to Focus on US Shale Following Canadian Divestiture

Enerplus agreed to sell its remaining Canadian assets located in Alberta and Saskatchewan to Surge Energy for total consideration of CA$245 million (US$180 million).

November 8, 2022

Legislation , ESG , Midstream

Alaska State Company Proposes Hydrogen Hub, Eyeing Federal Funds

"The Alaska Hydrogen Hub concept anticipates using $850 million in DOE funding along with $3.75 billion in private-sector funds, backed by offtake agreements from hydrogen customers in the U.S. and Asia," the Alaska Gasline Development Corp. said.

November 8, 2022

Exploration & Production , Technology

E&P Highlights (Nov. 8, 2022): Discovery Offshore Israel; Petrobras Subsea Deal

Here’s a roundup of the latest E&P headlines including a commercial discovery offshore Israel and a five-year subsea frame agreement awarded by Petrobras from the past week in the upstream oil and gas industry.

November 8, 2022

Exploration & Production , International , Emissions

Mexico's Pemex Had a Plan to Fix Its Flaring Problem But Abandoned It

After striking a deal to fix its massive flaring problem in late 2016, Pemex abandoned the project after five years, contributing to Mexico's emissions issues.

November 7, 2022

Natural Gas , Construction , Pipelines

Enbridge Greenlights CA$3.6 billion Gas Pipeline Expansion in Canada

Gas production in Western Canada this year neared record levels of 18 Bcf/d. Enbridge CEO Al Monaco said that supply growth coupled with future demand from planned LNG export projects was underpinning the expansions.

November 4, 2022

Liquefied Natural Gas , Midstream

Sempra Eyes Port Arthur LNG FID in Early 2023

California-based Sempra looks to take final investment decision (FID) on its Port Arthur LNG project Phase 1 in Jefferson County in southeast Texas in the first quarter of 2023.

November 4, 2022

Public Capital , Exploration & Production , Health, Safety & Environment

Suncor Unveils Steps to Improve Oil Sands Safety after Fatalities

Interim CEO Kris Smith promised to improve Suncor's poor safety and operational record when he took over following former CEO Mark Little’s resignation in July.

November 4, 2022

Investment , Energy Transition , Midstream

Siemens Energy Exec on the Biggest Issue Facing Hydrogen

Rich Voorberg, president of Siemens Energy North America, shares opportunities and challenges for hydrogen plus what it will take to make the U.S. a leader in the space.

November 3, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Nov. 2, 2022

Here’s a snapshot of recent energy deals including SLB’s acquisition of Houston-based Gyrodata and NextEra Energy’s $1.1 billion renewable natural gas expansion.

November 2, 2022