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Tuesday, Jul 2

00

TotalEnergies Plans to Quit South African Offshore Gas Finds

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The French giant braved one of the fastest ocean currents in the world to drill off South Africa's coast.

23

Oil Falls as Technicals Stall Rally

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Oil edged lower, backing off a two-month high, as technical indicators restrained a rally driven by tensions in the Middle East and the Atlantic hurricane season.

21

US DOE Offers Contracts for Nuclear Fuel

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The DOE issued a call for proposals for the delivery of low-enriched uranium to the agency, under a $2.7 billion program to grow the domestic production of the nuclear fuel.

18

North America Keeps Adding Rigs

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North America added three rigs week on week, according to Baker Hughes.

Fervo Secures Geothermal PPAs with California Utility

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SCE will purchase the power from Fervo Energy's 400-MW Cape Station project currently under construction in southwest Utah.

17

Judge Blocks Biden Bid to Halt LNG Export Licenses Over Climate

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U.S. District Judge James D. Cain Jr. in Louisiana issued a preliminary injunction Monday in a lawsuit filed by 16 states.

16

USA EIA Boosts Henry Hub Price Forecast for 2024 and 2025

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The U.S. Energy Information Administration increased its Henry Hub price forecast for both 2024 and 2025 in its latest short term energy outlook.

Obsidian Closes Peace River Acquisition

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'With our expanded holdings in the region, we have identified ~200 total locations on these lands'.

14

Should NOAA's Atlantic Hurricane Forecast Worry GOM Oil Producers?

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NOAA is forecasting a range of 17 to 25 total named storms, including four to seven major hurricanes.

12

Germany, Morocco Partner for Green Hydrogen, Renewables

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The focus of the new partnership is on increased cooperation in climate adaptation, the expansion of renewable energies and the production of green hydrogen.

11

TotalEnergies Acquires Finnish Base Oil Reprocessing Firm

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'The integration of Tecoil into TotalEnergies will allow us to accelerate the use of RRBOs in the production of our high-end lubricants to meet our customers' growing demand for increasingly high-performance, environmentally friendly…

10

Baker Hughes Scores LNG Services Job from Woodside

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Baker Hughes secured a 10-year LNG service frame agreement from Woodside.

Aramco Awards $25B Contracts for Gas Projects

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About half of the contract value is for the second phase development of Saudi Arabia's Jafurah field.

Overall OPEC Production Steady while Some Members Exceed Limits

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OPEC's crude production remained steady for a third month, while some key members continued to pump above agreed limits.

Vestigo Wins PSC for Three Fields on Malaysian Borneo

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The PSC consists of the Bongawan North, Epidot and Nosong gas fields.

SLB Lands FEED Job for Equinor's Landmark All-Electric Subsea Project

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The contract is for a 12-well, all-electric subsea production systems project in the Fram Sor field offshore Norway.

Monday, Jul 1

22

Hurricane and Geopolitical Risks Push Oil Prices to 2 Month High

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Oil climbed to the highest in more than two months as traders took stock of mounting geopolitical risks in Europe and the Middle East as well as a hurricane in the Caribbean.

21

Oceaneering Secures Two Vessel Services Deals for Gulf of Mexico

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Oceaneering secured contracts for vessel services with global energy companies operating in the Gulf of Mexico.

18

Florida Firm Uses AI to Acquire Assets at Below-Market Prices

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The assets represent both working and non-working interests in 620 oil and gas wells, with combined gross current production of approximately 357 barrels per day (bpd).

17

SM Energy, NOG to Acquire Uinta Basin Assets from XCL for $2.55B

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SM Energy will become the operator of the assets.

16

Citgo Auction Planner Asks to Delay Sale Hearing Until September

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An official overseeing the sale of PDV Holding, the parent of Venezuela-owned Citgo Petroleum, asked for the court-ordered auction to be delayed until September.

14

US Sanctions Three UAE-Based Shippers for Carrying Iran Oil

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A total of 11 vessels are included in the sanction designation.

12

FortisBC Signs Up for 20-Year RNG Supply from EverGen

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The RNG will come from Fraser Valley Biogas.

Heirloom to Build 320 Mtpa Carbon Capture Facilities in Louisiana

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Heirloom will build two DAC facilities with a combined CO2 removal capacity of 320,000 metric tons per annum in the Port of Caddo-Bossier area, Louisiana.

11

Plenitude Inaugurates Villanueva II Solar Plant in Spain

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Plenitude inaugurated the 50 MW Villanueva II solar plant in Torrejoncillo del Rey, Cuenca.

10

Russia Allows Refineries to Continue Exporting Gasoline for Another Month

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Russia will allow the nation's refineries to continue exporting gasoline for another month as the domestic market remains well supplied.

Blow for Biden as Supreme Court Overturns Chevron Deference

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By saying that regulatory agencies don't have leeway to interpret the meaning of ambiguous laws, the court made it tougher for the administration to defend regulations it issued in recent months.

LNG Will Not Replace Coal in China: IEEFA

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It found 'little evidence to support arguments that LNG imports to China will meaningfully displace coal usage in the country's power mix'.

09

Var Energi Makes Commercial Discovery in Cerisa Offshore Norway

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The company remarked that this is the fourth discovery in a row close to the partly electrified Vår Energi operated Gjøa platform.

Sunday, Jun 30

14

SLB, Ormat Partner for Geothermal Energy

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The partnership aims to provide a suite of geothermal solutions from initial exploration and resource assessment to commissioning and operation of power plants.