North America ///

In Icahn-SandRidge tiff, bitter words hide overlapping targets

The oil industry’s ugliest battle is heading for a climax in Oklahoma City on Tuesday. But SandRidge Energy Inc. is probably bound for the auction block anyway.

Shell seen reclaiming dominance in Texas shale country

Shale oil hasn’t always been Royal Dutch Shell Plc’s best friend, but they’re working on the relationship.

Baytex Energy, Raging River Exploration announce merger valued at $5 billion

Baytex Energy Corp. and Raging River Exploration Inc. have announced that their respective boards of directors have unanimously agreed to a strategic combination of the two companies.

Rick Perry wants to help Argentina be more like Texas

The U.S. government is getting in on a shale boom 5,000 mi (8,000 km) from home.

U.S. oil exports, on the rise to China, face trade spat threat

China has been a key recipient of American oil since a 40-year U.S. ban on exports was ended by then-President Barack Obama in 2015.

ANWR could boost U.S. oil supplies, but it's going to be a while

Don’t hold your breath waiting for oil from ANWR.

Magnolia Petroleum sees potential sale of North Dakota assets to avoid bankruptcy

Magnolia Petroleum plc, the U.S. focused oil and gas E&P company, has announced that it has signed a non-binding agreement with a third party for the sale of all its wells in which it has varying interests in North Dakota, being approximately 31 wells, for a total consideration of $1.5 million.

Danos wins contract for Shell's Appomattox platform in deepwater GOM

Danos is pleased to announce that Shell Exploration and Production Company, a subsidiary of Royal Dutch Shell, has awarded a contract to Danos to provide coatings for Shell’s deepwater Appomattox platform in the Gulf of Mexico.

Oil play ditched years ago draws EOG, Conoco as Permian fallback

The next frontier for U.S. oil’s resurgence may come on familiar terrain.

China and India want to buy more U.S. oil to counter OPEC

Two of Asia’s largest crude buyers are considering teaming up to buy U.S. supplies and counter OPEC’s dominance in the world’s biggest oil market.

Global Petroleum Show opens in Calgary with revamped format

Amid an atmosphere among the Canadian oil and gas industry that activity is slowly getting better, the Global Petroleum Show (GPS) has opened this morning with an improved lineup of features that include a business and technical conference, and a new GPS Awards Gala.

Oil companies ask to throw out New York's climate change lawsuit

A group of the world’s biggest oil companies asked a judge to throw out New York City’s lawsuit seeking to hold them responsible for costs related to climate change.

GPS 2018: CAPP says growth of Canadian oil production remains constrained

During the opening day, Tuesday, of this year’s Global Petroleum Show in Calgary, the Canadian Association of Petroleum Producers (CAPP) released its 2018 Crude Oil Forecast, Markets and Transportation report.

GPS 2018: CAPP says growth of Canadian oil production remains constrained

During the opening day, Tuesday, of this year’s Global Petroleum Show in Calgary, the Canadian Association of Petroleum Producers (CAPP) released its 2018 Crude Oil Forecast, Markets and Transportation report.

IHS Markit: "Stunning" Permian oil production to more than double from 2017-2023

Oil production in the Permian basin, already a major force in global supply growth, will rise nearly 3 MMbpd by 2023—a level of growth exceeding most recent estimates, a new outlook by business information provider IHS Markit says. What the report describes as a “stunning” level of growth will comprise more than 60% of net global production growth during that timeframe.

Trump renews Twitter assault on OPEC, pushing to cut oil prices

Donald Trump renewed his Twitter assault on OPEC, pushing the case for lower oil prices a week before the cartel meets to set production policy.

MEI projects Marcellus, Utica and Permian to supply 55% of U.S. gas by 2030

McKinsey Energy Insights (MEI), the data and analytics specialist that provides distinctive insight to the global energy industry, forecasts that the Marcellus, Utica, and Permian shale plays will supply 55% of the North American gas market by 2030.

TGS, PGS announce more 3D multi-client acquisition offshore East Canada

TGS and Petroleum Geo-Services (PGS) announce that a second vessel, the Ramform Sterling, will be allocated to the 2018 East Canada acquisition program.

Oil explorers hungry for "super-spec" rigs expand U.S. drilling

Oil drillers added more rigs in the U.S. this week, undaunted by pipeline bottlenecks that are hindering efforts to ship crude from the nation’s busiest field.

API welcomes BLM clarification for U.S. oil, gas development on public lands

API today welcomed the Bureau of Land Management’s (BLM) issuance of a new policy directing its field offices to expedite its review and approval processes for natural gas and oil exploration and production projects on federal lands, consistent with the intentions of Congress when it enacted the Energy Policy Act of 2005.