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HEYCO: HEYCO Energy Group and IPC (USA) Inc. move to form an alliance for domestic LNG fuels marketing
UPDATE: HEYCO and IPC have not yet reached a definitive agreement. The companies expect to have an ongoing business relationship, however not as announced in the press release or as outlined in the executed LOI.

Exploration
BLM issues final EIS for major natural gas project in Wyoming
The US Bureau of Land Management issued a final environmental impact statement for the proposed Normally Pressured Lance natural gas development project in Wyoming. The June 21 action came about 30 days before a final decision was reached on the proj...
Repsol sells permits in Papua New Guinea
Spanish firm Repsol SA will sell its exploration and development permits in Papua New Guinea to Chinese company Balang International. Repsol has not disclosed the transaction amount.
Trump order establishes interagency Ocean Policy Committee
US President Donald Trump issued an executive order establishing an interagency Ocean Policy Committee, which will replace the National Ocean Council and nine regional planning bodies that President Barack Obama established in 2010. The June 19 actio...

Drilling & Production
Alberta bitumen refinery wraps construction, prepares for bitumen feed
North West Redwater Partnership (NWRP) has completed construction of the first 80,000-b/d phase of its proposed three-phased greenfield bitumen refinery in Sturgeon County, about 45 km northeast of Edmonton, Alta.
Baker Hughes: US rig count drops 7 units to 1,052
The US drilling rig count reached 1,052 units working for the week ended June 22, down 7 rigs from a week ago, according to Baker Hughes data. The count is up 111 units from this time a year ago when the count stood at 941.
Australia’s EMO says gas shortfall averted until 2030
Running against the tide of earlier opinions, the Australian Energy Market Operator has declared that the forecast domestic gas shortfall for Australia’s east coast predicted last year has been averted.

American Petroleum Institute
Energy Year in Review
Despite occasional policy obstacles, the U.S. energy revolution continues to enhance America’s economic and national security and deliver major benefits to consumers, the environment and manufacturers. With commonsense, market-based, consu...
Energy is All Around the Holidays
Everywhere you go, whatever you do, energy – anchored by abundant U.S. oil and natural gas – is making life warmer, easier, healthier and more enjoyable. Let’s mark the holidays with a look at just a few of the gifts we enjoy, from the energy t...
New U.S. Energy Course Starts Offshore
We need to change our course on energy – in offshore policy and other areas – to benefit American consumers, U.S. businesses, our economy and the country’s energy security. Given the fact it takes years to realize the benefits of of...