ExxonMobil and Zhejiang Provincial Energy Group entered into a sale and purchase agreement for liquefied natural gas. Source: News
Aramco to buyout Shell’s interest in Sasref refining joint venture
Saudi Aramco has reached a deal to acquire Royal Dutch Shell PLC’s share of the partners’ 50-50 joint venture Saudi Aramco Shell Refinery Co.(Sasref), which operates the 305,000-b/d refinery at Jubail, Saudi Arabia. Source: News
Foreign (US) role in Alberta elections alleged by blogger
Long before the United Conservatives Party spanked incumbent New Democrats in Alberta elections Apr. 16, questions of foreign influence cried for attention. Source: News
Hurricane spuds Warwick Deep well off UK
Hurricane Energy PLC has spudded the 205/26b-C well (Warwick Deep) in the Greater Warwick Area (GWA) west of the UK Shetland Islands. Source: News
Eni to operate block off Ras Al Khaimah
Eni has signed an exploration and production sharing agreement for Block A offshore Ras Al Khaimah. Source: News
JAPEX spuds wildcat off Hokkaido, Japan
Japan Exploration Co. Ltd. has spudded an exploratory well 50 km offshore the Hidaka area of Hokkaido, Japan. Source: News
ACG partners approve $6-billion platform
Partners in the Azeri-Chirag-Deepwater Gunashli (ACG) complex in the Caspian Sea offshore Azerbaijan have approved the investment of $6-billion in a new platform able to process as much as 100,000 b/d of oil. Source: News
MARKET WATCH: NYMEX crude for May settles at $64/bbl
Light sweet crude prices on the New York market gained to settle at $64/bbl on Apr. 18, marking the second time in 3 days that the benchmark has reached or broken above that level. Source: News
Port Arthur LNG moves closer to FID with FERC authorization
Port Arthur LNG LLC, a subsidiary of Sempra Energy, received FERC authorization to site, construct, and operate the Sempra-led Port Arthur LNG liquefaction-export facility under development in Jefferson County, Tex., moving the project closer to a final investment decision. Source: News
ExxonMobil reports 13th discovery offshore Guyana
ExxonMobil Corp. reported a new oil discovery offshore Guyana with the Yellowtail-1 well in Stabroek block, bringing the total discoveries on that block to 13 and adding to an estimated recoverable resource of 5.5 billion boe. Source: News