Biden’s LNG Ban Axed

A federal judge has blocked the Biden administration's LNG export ban; Texas regulator launches project to streamline oil and gas filings; US-EU lawmakers seek international methane standard for oil and gas; Oil jumps on significant crude inventory draw.

by VSO Petroleum Consultants. Oil and Gas industry news for those in the deal flow (Investors and A&D Professionals). Your daily source for the latest A&D/M&A news, industry news, and expert interviews.

First Things First:

A federal judge has blocked the Biden administration's LNG export ban, a significant decision affecting the U.S. energy sector.

Texas regulator launches project to streamline oil and gas filings.(World Oil)

US-EU lawmakers seek international methane standard for oil and gas.(BOE Report)

Oil jumps on significant crude inventory draw.(Oil and Gas 360)

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Daily Headlines

  • Federal judge blocks Biden administration's LNG export ban.(Oil and Gas 360)

  • Texas regulator launches project to streamline oil and gas filings.(World Oil)

  • Heavy oil discount widens to $9.(BOE Report)

  • US-EU lawmakers seek international methane standard for oil and gas.(BOE Report)

  • Oil jumps on significant crude inventory draw.(Oil and Gas 360)

  • Canadian oil sands come back into limelight as U.S. shale growth slows.(World Oil)

  • OPEC's oil production continues to rise despite pledges.(Oil Price)

  • WTI crude soars to highest level since April.(Oil Price)

  • Oil markets are on edge as Hurricane Beryl barrels towards Jamaica.(Oil Price)

  • Over a dozen oil firms line up for Galp's Namibia oil prospect.(OE Digital)

  • Iran becomes 4th largest oil exporter in OPEC report.(Tehran Times)

  • Aramco targets 60% increase in gas production by 2030.(Oil Price)

  • Russian pipeline gas exports to Europe soared by 23% YY in June.(Oil Price)

  • Saudi Arabia discovers more oil and gas reserves as Brent prices gain on weather worries.(MSN)

  • Egypt to import US shale gas.(Offshore Technology)

Deal Flow

M&A/Investment

  • Whitecap Resources Inc. announces partial infrastructure dispositions for $520M.(BOE Report)

  • Topaz Energy Corp. acquires strategic infrastructure in Alberta Montney, increases 2024 guidance.(BOE Report)

  • Formation Minerals acquires Haynesville Shale interests.(Hart Energy)

  • Obsidian Energy closes Peace River acquisition.(Rigzone)

  • Tellurian completes $260M Aethon deal.(Natural Gas World)

  • TotalEnergies buys lubricant company Tecoil.(Offshore Technology)

  • Norwegian energy data companies PGS and TGS complete merger.(Hart Energy)

  • DOF and Maersk Supply Service to combine in $1.1 billion merger.(Upstream Online)

IPO/Direct Listing/Issuances/Block Trades

  • No deals match this criteria.

Debt

  • No deals match this criteria.

SPAC

  • No deals match this criteria.

Bankruptcy/Restructuring/Distressed

  • No deals match this criteria.

Fundraising

  • No deals match this criteria.

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