Eastern gulf should be priority in Trump OCS order's wake, API says

Facilitating exploration and development in the eastern Gulf of Mexico should be a top priority as the US Department of the Interior reviews its US Outer Continental Shelf decisions under President Donald J. Trump’s Apr. 28 offshore oil and gas executive order, an American Petroleum Institute official recommended on May 1. Source: News


Watching Government: Dealing with ongoing issues

It hasn’t been an easy spring for oil and gas trade associations in Washington. The change of administration also brought a shift in emphasis from addressing global climate change to reviewing and possibly streamlining regulations. Source: News


CSB issues report on 2015 FCC unit blast at ExxonMobil refinery

Multiple process safety management gaps led to a Feb. 18, 2015, explosion of the fluid catalytic cracker at ExxonMobil Corp.’s 149,500-b/d Torrance, Calif., refinery, the US Chemical Safety Board said in a final report it issued on May 3 (OGJ Online, Feb. 19, 2015). Source: News


Eni begins gas production from Jangkrik project off Indonesia

Eni SPA has started gas production from the Jangkrik development project in the deep waters offshore Indonesia. The project comprises Jangkrik and Jangkrik North East gas fields on the Muara Bakau block of the Kutei basin in the Makassar Strait. Source: News


Muruk confirmed as Hides lookalike in Papua New Guinea

The Oil Search Ltd.-operated Muruk-1/ST3 sidetrack appraisal well in the highlands of Papua New Guinea has confirmed a natural gas-rich zone found in the initial Muruk-1 discovery in permit PPL 402 last December. Source: News


MARKET WATCH: NYMEX crude oil prices hold below $48/bbl

Light, sweet crude oil for June delivery settled up a penny on the New York market May 12 but the near-month contract failed to close at or above $48/bbl any day last week after having dipped to close below $46/bbl on May 9. Source: News