PBPA calls session a 'success' for industry – Odessa American


Odessa American
PBPA calls session a ‘success’ for industry
Odessa American
Association President Ben Shepperd said “our main priorities were dealt with” that related to the oil and gas industry. The PBPA had ranked as the top two successful reauthorization of the Texas Railroad Commission through the sunset review until 2029
Local lawmakers discuss impact of legislative session on oil, gas industryNewsWest9.com

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Feds reject 10 of 163 high bids in oil lease sale as too low – WBRC FOX6 News – Birmingham, AL – WBRC FOX6 News – WBRC.com

Feds reject 10 of 163 high bids in oil lease sale as too low – WBRC FOX6 News – Birmingham, AL
WBRC FOX6 News – WBRC.com
NEW ORLEANS (AP) – The federal government says it has rejected 10 high bids from the most recent Gulf of Mexico oil lease sale as too low, while accepting 153 other high bids submitted in March. The Bureau of Ocean Energy management said in a news …

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PBPA calls session a 'success' for industry – Odessa American: Oil … – Odessa American


Odessa American
PBPA calls session a ‘success’ for industry – Odessa American: Oil …
Odessa American
The Permian Basin Petroleum Association touted the fractious state legislative session as nonetheless a “tremendous success” for the regional oil and gas …
Local lawmakers discuss impact of legislative session on oil, gas industryNewsWest9.com

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Welcome to the booming Texas port at the heart of US oil sales – Frederick News Post (subscription)


Frederick News Post (subscription)
Welcome to the booming Texas port at the heart of US oil sales
Frederick News Post (subscription)
s terminal to determine if some of the world’s biggest carriers could start ferrying oil from Texas to foreign buyers. The shipping upgrade is necessary after a surge in production from U.S. shale fields like the Permian Basin brought more oil than

Hurricane Energy launches $520m fundraising for oil field – The Times (subscription)


The Times (subscription)
Hurricane Energy launches $520m fundraising for oil field
The Times (subscription)
Hurricane Energy has launched a $520 million fundraising initiative to pay for the development of its Lancaster oil field. The Aim-listed explorer said that the funds would allow it to stay on track to produce oil from the field to the west of Shetland
Hurricane Energy launches $520m fundraising to develop Lancaster fieldFinancial Times
CORRECTED-Hurricane Energy to raise $520 mln to fund North Sea fieldReuters
Hurricane Energy launches US$520mln funding process for Lancaster oil fieldProactive Investors UK

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Lundin to sell 39% stake in Norwegian offshore oil field to CapeOmega – Energy Business Review


Energy Business Review
Lundin to sell 39% stake in Norwegian offshore oil field to CapeOmega
Energy Business Review
The Lundin Petroleum’s subsidiary will retain operatorship of the offshore oilfield with a 51% stake after the completion of the transaction. CapeOmega in turn would raise its stake from 10 to 40%. The amount paid by CapeOmega will also cover historic

Goldman Sachs slashes oil price projection amid US shale surge – CNBC


CNBC
Goldman Sachs slashes oil price projection amid US shale surge
CNBC
Goldman Sachs has downgraded its forecast for oil prices over the next quarter amid a sudden uptick in shale drilling and an unexpected surge in production from Libya and Nigeria. The investment bank now points to a three-month average of $47.50 per …
Crude oil prices firm, set for biggest weekly gain since mid-MayBusiness Insider
Goldman Slashes 3-Month Oil Price Forecast By $8.50OilPrice.com
Oil’s streak of gains hits 5 sessions in row as US crude output fallsMarketWatch
Bloomberg –Reuters –FX Empire –ETEnergyworld.com
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Feds Reject 10 of 163 High Bids in Oil Lease Sale as Too Low – U.S. News & World Report


KALB News
Feds Reject 10 of 163 High Bids in Oil Lease Sale as Too Low
U.S. News & World Report
Feds Reject 10 of 163 High Bids in Oil Lease Sale as Too Low. The federal government says it has rejected 10 high bids from the Gulf of Mexico oil lease sale as too low, while accepting bids on 153 other tracts. June 27, 2017, at 5:15 p.m.. MORE.
Feds reject 10 of 163 high bids in oil lease sale as too low – WBRC FOX6 News – Birmingham, ALWBRC FOX6 News – WBRC.com

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Texas should listen to its own scientific task force about methane – Environmental Defense Fund (blog)


Environmental Defense Fund (blog)
Texas should listen to its own scientific task force about methane
Environmental Defense Fund (blog)
Regrettably, when it comes to climate and air, Texas‘ political, regulatory and industry leadership are openly hostile toward any efforts aimed at solving the negative trade-offs associated with oil and gas. The Texas Railroad Commission and the Texas

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