Another Canadian producer is trimming production of heavy oil in response to crude prices regionally discounted against global markets because of pipeline constraint. Husky Energy, Calgary, has lowered its 2018 production guidance to investors by 10,000 boe/d “in light of wide Canadian heavy oil differentials” in the first quarter of the year.  Source: News

The US Department of the Interior will distribute almost $188 million of federal offshore oil and gas revenue shares to Alabama, Louisiana, Mississippi, and Texas as disbursements authorized under the 2006 Gulf of Mexico Energy Security Act (GOMESA) enter their second phase, Interior Sec. Ryan Zinke said.  Source: News

Husky Energy Inc. has extinguished a fire that broke out on Apr. 26 at its 47,500-b/cd refinery in Superior, Wis. Local authorities declared the refinery fire out at about 6:45 p.m. CST on Apr. 26, the operator said in a statement.  Source: News

Statoil AS is restructuring its corporate executive committee as part of a reorganization emphasizing Brazil and making US operations part of the company’s Development & Production International (DPI) unit. Source: News

The total value of worldwide offshore final investment decisions will exceed $100 billion for the first time in 5 years in 2018, predicts Clarksons Research, London.  Source: News

The Petroleum Services Association of Canada has trimmed its forecast for wells drilled in Canada this year by 500 units. In a midyear update, the group now projects 2018 drilling of 7,400 wells. PSAC made its earlier projection last October. Source: News

LNG Canada, which delayed a final investment decision on its planned natural gas liquefaction plant in Kitimat, BC, in mid-2016, has named an engineering, procurement, and construction contractor for the project.  Source: News

Erin Energy Corp., an oil and gas producer focused on Sub-Sahara Africa and based in Houston, has filed court documents seeking reorganization under voluntary bankruptcy. Source: News