First Things First:

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Daily Headlines

• US buys 3 million barrels for Strategic Petroleum Reserve (BOE Report)

• Shell disputes former partners over divested assets in court (Upstream Online)

• Heavy oil discount widens (BOE Report)

• US Henry Hub natgas prices hit four-year low in May (BOE Report)

• Oil tumbles as OPEC plan adds to bearish momentum (Rigzone)

• Continental dives deep into Anadarko's complexities (Hart Energy)

• US oil futures draw renewed interest from hedge funds (BOE Report)

• Saudi Aramco's $12 billion share sale sells out in hours (Oil and Gas 360)

• Gazprom's gas pipeline exports to Europe surged by 39% in May (Oilprice.com)

• Tokyo Gas secures US natural gas supplies (Offshore Technology)

• US shale mergers could bring steadier oil prices (Oilprice.com)

• What will troubled Pemex look like under new president? (Upstream Online)

• Colombia's oil industry stuck in death spiral (Oilprice.com)

• Oil and gas pipeline market size to grow by $17.8 billion by 2028 (Forbes)

• Oil and gas companies gain from increasing demand for crude (The Star)

• Why attacks on US fossil fuel industry are unproductive (The Hill)

• Business runs down OPEC's Hangover forecast (Radio Fox News)

• Can Trump fast-track oil and gas mergers? (Business Report)

• US oil futures draw renewed interest from hedge funds (BOE Report)

• US oil futures draw renewed interest from hedge funds (BOE Report)

Deal Flow

M&A/Investment

• Diamondback JV, Deep Blue Midland Basin, acquires Lagoon Operating & Midland LLC for more Midland water infrastructure (Hart Energy)

• Chord Energy completes Enerplus acquisition (Offshore Technology)

• Clearview Resources announces strategic infrastructure disposition (BOE Report)

• WildFire Energy announces bolt-on Eagle Ford acquisition (PR Newswire)

• Dominion Energy closes sale of Western Natural Gas distribution assets (PR Newswire)

• Proa acquires Aqua Prop and innovative wet sand solutions provider (Oil and Gas 360)

• Aramco plans acquisition in Pakistan's oil and gas sector (Offshore Technology)

IPO/Direct Listing/Issuances/Block Trades

• No Updates Today

Debt

• No Updates Today

SPAC

• No Updates Today

Bankruptcy/Restructuring/Distressed

• CorEnergy Infrastructure aims for June emergence from bankruptcy (Hart Energy)

Fundraising

• Recurrent Energy announces initial closing of investment from BlackRock (PR Newswire)

Only the Finest, Refined Memes:

Meme of the Day: #3

Meme of the Day: #2

Meme of the Day: #1