Petronas

Canada’s Petronas Acquisition Decision Will Impact North American LNG Exports

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With global LNG demand projected to exceed supply by a wide margin, the prospects for North American exports of liquefied natural gas are exceptionally strong. But an unexpected development has raised a question about Canadian participation in this emerging export opportunity.

The question is: Will the Canadian government decide to block any of the pending acquisitions of its E&P players by foreign energy majors? Keep reading →

 /  Published November 30, 2012 at 1:45 PM

Cuba Sanctions Would Prevent Oil Spill Response

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US oil companies would be hobbled in their response to an oil spill from wells off the cost of Cuba, a Senate committee heard this week.

If there’s an oil spill from wells being drilled off the Cuban coast, US companies have sophisticated response equipment just 100 miles away – but couldn’t use it due to long-standing sanctions against Cuba. Keep reading →

 /  Published October 19, 2011 at 6:00 AM
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