A drilling rig in the Appalachians. Record US production has not stopped mass layoffs. (Statoil) Global Markets

US production sky high while prices hit bottom

It was a year of extremes in North America, with record-breaking gas output and rock-bottom prices coupled with massive job losses.

US President Barack Obama in Malaysia last week. He used the visit to urge action on climate change. (PA) Policy & Regulation

Obama holds firm on Clean Power Plan

US President Barack Obama faces stern opposition to his plan to reduce carbon emissions from the power sector, jeopardising the country’s UN climate pledge.

Companies & Finance

Schlumberger to make further job cuts

United States-based oilfield services provider Schlumberger plans to make further reductions in its workforce, as it does not foresee a recovery in the energy industry before 2017.

19 October 2015
Exploration & Production

US DOI to cancel two potential Arctic offshore licences

The United States Department of the Interior announced on Friday that it will cancel two potential Arctic offshore licenses under its 2012-2017 oil and gas leasing programme.

19 October 2015
Policy & Regulation

United States gas prices stable

United States gas prices were stable for the week ending 14 October, with minimal price variations, the Energy Information Administration has reported.

16 October 2015
LNG

LNG Canada FID expected in 2016

LNG Canada, a Shell-led LNG export project in British Columbia, expects to make its FID in 2016, LNG Canada Chief Executive Andy Calitz told journalists this week.

16 October 2015
A Niobrara drillpad in Colorado, one of the states behind the injunction. (Carrizo Oil and Gas) Policy & Regulation

BLM faces backlash over fracking rules

A Wyoming district court injunction against the Bureau of Land Management’s new fracking regulations may leave the agency with no authority to regulate the practice.

15 October 2015
Policy & Regulation

Port Ambrose LNG gets environmental statement

The United States Maritime Administration and Coast Guard has issued its Environmental Impact Statement for the proposed Port Ambrose deepwater LNG terminal.

15 October 2015
Exploration & Production

Encana to sell Denver Julesburg assets

Canadian gas producer Encana has agreed to sell its Colorado Denver Julesburg Basin assets for $900 million to an investment group 95%-owned by the Canada Pension Plan Investment Board.

13 October 2015
LNG

Kenai LNG applies for export permit renewal

Alaska’s Kenai LNG, the oldest and only operating LNG plant in the United States, has requested authorisation from the US Department of Energy to export up to 1.1 billion cubic metres of gas as LNG.

12 October 2015
Policy & Regulation

Obama threatens to veto US oil export bill

A bill to repeal the United States’s 1975 ban on oil exports was approved by the House of Representatives on Friday, but looks unlikely to become law, as President Barack Obama has threatened to use his veto.

12 October 2015
Exploration & Production

US rig count continues to fall

The number of oil and gas drilling rigs in use in the United States continued to fall last week, with 605 active oil rigs and 189 gas rigs for the week ending 9 October.

12 October 2015
Global Markets

US households to see decrease in winter gas bills – EIA

Nearly half of households in the United States use gas as their primary heating fuel, and can expect an average decrease of 10% in their winter gas bills, according to the EIA.

9 October 2015
LNG

Proposed US energy bill on shaky ground

An energy bill in the United States has been proposed to modernise the nation’s energy security and regulations. It has received industry support, but looks unlikely to become law.

9 October 2015
Companies & Finance

Cenovus to cut 540 jobs

Canadian oil and gas producer Cenovus Energy has announced plans to cut 540 jobs in addition to 800 layoffs made in February.

7 October 2015
Exploration & Production

Rig count falls by 29 in US

The United States oil and gas rig count fell by 29 for the week ending 2 October, according to oil services provider Baker Hughes’s latest rig report.

7 October 2015
Pipelines, Storage & Power

US storage could break record – EIA

United States gas inventories at the end of October may reach the highest level ever recorded for the time of year

7 October 2015
LNG

MARAD and TOTE to study LNG vessel conversions

The United States Maritime Administration has made an agreement with Totem Ocean Trailer Express to better understand the costs and benefits associated with converting vessels to run on LNG.

6 October 2015
LNG

LNG plant planned for Cameron Parish, Louisiana

A team of LNG developers led by a former state governor has confirmed plans to build a 14 mtpa liquefaction facility in Cameron Parish, Louisiana.

6 October 2015
Policy & Regulation

North Dakota gets CO2 deadline extension

North Dakota has become the 16th state to receive a deadline extension from the United States Environmental Protection Agency to reduce carbon dioxide emissions from its coal-fired power plants

5 October 2015
LNG

Steelhead gets LNG export approval from NEB

Canadian LNG project developer Steelhead LNG has said the country’s regulator, the National Energy Board, has approved the company’s applications for five licences to export up to 30 mtpa for 25 years

5 October 2015
Policy & Regulation

Bill to lift US crude export ban moves ahead

A bill authorising the lifting of the United States’s crude oil export ban moved forward on Thursday, with a Senate panel voting 13-9 in favour.

2 October 2015

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