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Sunday, May 19

15

Foreign Oil Firms in Venezuela Scramble for US Licenses Ahead of Deadline

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Oil firms that want to stay in Venezuela are flooding the U.S. Treasury's Office of Foreign Assets Control with applications for permits after Washington reimposed sanctions last month.

Saturday, May 18

Iraq Stops Diesel Import Deals as Refinery Upgrades Boost Output

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Iraq halted contracts to import diesel after the upgrade of some refineries helped bolster local output.

Friday, May 17

00

Oil Posts Weekly Gain Settling Above $80

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Oil notched a weekly gain while futures stayed in a narrow range, with the outlook for supply and inflation in focus.

Brazil Oil Junior 3R Agrees to Buy Enauta for About $1.2B

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3R Petroleum Oleo e Gas SA agreed to acquire Enauta Participacoes SA in an all-stock deal.

23

ABL to Acquire Energy Consultancy Ross Offshore

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Ross Offshore will merge with ABL Group company AGR after the completion of the transaction.

22

Honeywell, Weatherford Partner for Emissions Management Solution

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The collaboration combines Honeywell's emissions management suite with Weatherford's CygNet SCADA platform.

20

US DOE Offers $71MM Aid for Projects Developing Solar Tech

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'The Biden-Harris Administration is committed to building an American-made solar supply chain that boosts innovation, drives down costs for families, and delivers jobs across the nation'.

18

DNO Closes Arran Field Stake Acquisition in UKCS

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The Arran field stake was acquired by DNO subsidiary DNO Exploration UK Limited from ONE-Dyas E&P Limited.

JMR Expands USA Plug and Abandonment Footprint with M&A

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JMR now operates a total of 34 full service plug and abandonment packages.

Nigeria's Tinubu Commissions Three Gas Infra Projects

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Nigerian President Bola Ahmed Tinubu has commissioned three expansion projects.

Qatar Eyes More Long-Term LNG Deals This Year

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Qatar expects to secure more long-term agreements with liquefied natural gas customers this year.

15

RRC Challenging New EPA Rule

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'President Biden is hellbent on making American's energy more expensive and less reliable,' one RRC Commissioner said.

Suriname's Oil Resources Seen Totaling 2.4B Barrels

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Suriname's discovered oil resources now total more than 2.4 billion barrels of crude and liquids, according to Wood Mackenzie.

14

Biden Administration Increasing Tariffs on $18B of Imports from China

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The new tariffs under President Biden may be a case of history repeating, Xeneta's Chief Analyst said.

12

EIR Analyst Says Crescent Deal Addresses Key Concerns for SilverBow

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Crescent Energy and SilverBow have entered into a definitive agreement pursuant to which Crescent will acquire SilverBow in a transaction valued at $2.1 billion.

Hess Investors Advised by Glass Lewis to Back Chevron Deal

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The driving force behind Chevron's strategy to buy Hess is winning its 30 percent stake in a massive oil field off Guyana.

Thursday, May 16

00

Crescent Energy Nears $2.1B Deal for SilverBow

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Crescent Energy Inc. agreed to buy SilverBow Resources Inc.

23

Oil Edges Higher as US Stockpiles Fall

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Oil erased earlier losses to close higher, but remained within a tight range as traders weighed shrinking US stockpiles and the outlook for inflation in the world's largest economy.

21

Low-Carbon Fuel Groups in US Urge Prompt Issuance of Tax Credit Guidance

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'Any extended delays in publication of guidance for the Sec. 45Z credit may disrupt project timelines, impede capital flows, and threaten existing production and demand for low carbon renewable fuels'.

20

17

EIA Reveals Latest Henry Hub Gas Price Forecasts

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The U.S. Energy Information Administration revealed its latest Henry Hub gas price forecasts for 2024 and 2025.

First Nation Blockade is a Breach of Court Order: Obsidian Energy

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'These are not reasonable terms for a resolution to the blockade'.

16

Red Sea Disruptions Are Splitting Global LNG Trade Into Regions

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Vessels have been forced to reroute around Africa to transport fuel between the Atlantic and Pacific basins.

Emirates to Use SAF for London Heathrow Flights

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Over 3,000 metric tons of neat SAF blended with conventional jet fuel will be supplied into the fueling infrastructure network of Heathrow airport until the end of summer.

15

Equinor, Petoro Swap Assets in Norwegian Sea

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'Although this is a value-neutral swap, this alignment of ownership will add more value to all parties from the Halten-area over time'.

14

How Much Oil and Gas Does the USA Have?

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Rigzone looks at a new report from the Institute for Energy Research.

12

Macquarie, Standard Chartered Analysts Offer Oil Price Projections

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Macquarie and Standard Chartered examine recent moves in the oil market and look to the future.

10

ADNOC Claims World's First Delivery of Bulk CCS-Enabled Ammonia

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ADNOC delivered the landmark cargo to Japan, where it will be used for clean power generation.

09

Petronas, ExxonMobil Make Third Discovery in Suriname's Block 52

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The Fusaea 1 well revealed 'several oil and gas-bearing Campanian sandstone reservoir packages'.

VARD Scores Shipbuilding Contract for Taiwanese Wind Firm

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VARD has been contracted to design and build two commissioning service operation vessels for wind farms.