Exxon’s Pacific Partner Sees LNG ‘Revolution’ Among Buyers. ExxonMobil’s partner in a Papua New Guinea LNG export project sees Asian buyers pushing back on the pricing and structure of LNG contracts. [Bloomberg]
Australia’s APA Seeks to Buy Distressed U.S. Natural Gas Pipes. Australia’s largest natural gas infrastructure business wants to buy US assets and up to $1.5 billion AUD in Australia on new deals. [Bloomberg]
Possible Route For Iran Oil to Europe Through Ukraine Revealed. Ukraine may be in talks with Iran over the shared use of oil transportation infrastructure. [Trend]
Gazprom Says It’s Not Impacted By Sanctions. Tighter sanctions on Russia appear to leading to “few negative consequences” of Russian energy company Gazprom. [UPI]
Iran Signals More Willingness For OPEC Action To Boost Oil Price. OPEC’s third largest producer might not have a clear answer on stabilizing production with other members, but there may be hope. [Reuters]
GDC, National Oil in deal to speed up oil and gas exploration in Kenya. New initiatives hope to boost drilling activities across Kenya. [Daily Nation]
Oil refiners face reprieve as maintenance tames fuel glut. Refiners who have been feeling the pinch when it comes to profits might get a breather in the form of lowered production. [Reuters]
Donald Trump Energy Adviser Walks Back Candidate’s Fracking Comments. “Donald Trump is pro-business. He is pro-energy and he is not going to shut down fracking or drilling or anything else,” said Hamm. “He is for this industry 100 percent.” [Denver Post]
India’s Crude Oil Refinery Output Sees Increase. Output in India is seeing an uptick in 2016 compared to 2015. [Business Standard]
US oil and gas lease sale to be broadcast live on internet. Got some spare cash to buy 23.8 million acres of land for drilling and exploration or just have a budding curiousity? Be sure to check out the livestream of today’s sale by the U.S. Bureau of Ocean Energy Management today.
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