Noble Energy Inc., Houston, has agreed to sell all of its upstream assets in northern West Virginia and southern Pennsylvania to an undisclosed buyer for $1.225 billion. Source: News

US President Donald Trump has nominated David L. Bernhardt as deputy secretary of the Department of the Interior. Bernhardt has worked at Interior as its highest ranking legal officer and in other capacities during George W. Bush’s presidency. In that capacity, Bernhardt will be the department’s chief operating officer, once the US Senate confirms his […]

US Interior Sec. Ryan Zinke signed a pair of orders on May 1 that implement President Donald Trump’s Apr. 28 offshore oil and gas executive order, and create a new position—Counselor to the Secretary for Energy Policy—to coordinate Interior’s energy portfolio that spans 9 of DOI’s 10 bureaus. Source: News

Mexico has implemented government regulations to advance its energy reforms regardless of the oil-price slump, Aldo Flores Quiroga, Mexico’s deputy secretary of energy for hydrocarbons, said during a May 1 speech at the Offshore Technology Conference in Houston. Source: News

Total SA started production in March from Moho Nord field 75 km offshore Pointe-Noire, Congo (Brazzaville). Moho Phase 1b and Moho Nord are part of the Moho Bilondo licenses operated by Total E&P Congo. Source: News

Seadrill Ltd. of Hamilton, Bermuda, said it agreed to sell three jack ups to Shelf Drilling of Dubai for $225 million with sale proceeds amounting to $123 million after paying outstanding debt. Seadrill is restructuring its debt arrangements with lenders. Source: News

US light, sweet crude oil futures fell modestly May 1 to settle just below $49/bbl, which analysts attributed to falling gasoline prices and concerns about rising US oil production adding to an already oversupplied world crude oil market. Source: News