The United States-Mexico-Canada Agreement (USMCA) is up for review in 2026, and the resulting policy outcome could have transformational importance for global energy markets and value chains. Even though it would seem that the United States, Mexico, and Canada are in an era of increasing political tension and division, the …
Read More »TotalEnergies to Sell 50% of its North American Solar Assets
TotalEnergies has agreed to sell 50% of its solar projects portfolio in North America to global investment firm KKR for about $1 billion, as part of the French supermajor’s renewables strategy to divest half of its already operational assets. TotalEnergies is selling 50% of a portfolio of combined 1.4 gigawatts …
Read More »North America’s Microchip Revolution Is Underway
As the U.S. strives to develop stronger regional supply chains for several key components supporting the green transition, both the U.S. and Mexico are constructing large-scale microchip manufacturing facilities. The U.S. is increasingly looking to move away from its dependence on China for critical minerals and manufactured components vital to …
Read More »North America Adds Rigs for 8th Consecutive Week
North America added 13 rigs week on week, according to Baker Hughes’ latest rotary rig count, which was published on July 12. Although the U.S. dropped one rig week on week, Canada added 14 during the same period, taking the total North America rig count up to 773, comprising 584 …
Read More »North America to Contribute 75% of Global LNG Liquefaction Capacity Additions
North America is expected to be the frontrunner in global LNG liquefaction capacity growth through new-build (planned and announced) and expansion projects during the outlook period 2020 to 2024. The region is likely to contribute about 75% of the total growth across the globe by 2024, according to GlobalData, a …
Read More »U.S. to Sell 12 Million Barrels of Oil Just as Virus Hits Demand
The U.S. will sell up to 12 million barrels of oil from its emergency government stockpile just as global crude demand takes a hit from the spreading coronavirus.
Read More »Arctic Oil Drilling Plan Coming Soon
The Trump administration is moving to sell drilling rights in the Arctic National Wildlife Refuge. Interior Secretary David Bernhardt said.
Read More »US Sanctions more Sinister than Coronavirus
Head of Presidential Office'.s Center for Strategic Studies Hesameddin Ashena said on Friday that the US sanction is the same background disease that makes Corona more lethal and sinister for Iranians.
Read More »US will Become Leading LNG Exporter by 2025
The US currently has a total of 32 projects on different stages from feasibility to commissioning.
Read More »US Oil Rig Count Falls Slightly As Producers Cut Spending
The U.S. Energy Information Administration projected crude output will rise about 8% in 2020.
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