http://www.worldoil.com WorldOil Oil climbs above $62 amid producer promises to support markets http://www.worldoil.com/news/2018/2/19/oil-climbs-above-62-amid-producer-promises-to-support-markets Crude climbed above $62/bbl for the first time in more than a week as an alliance of some of the world’s largest oil producers signaled further cooperation to tighten supplies through the end of the year. Interior sets date for largest oil, gas lease sale in U.S. history http://www.worldoil.com/news/2018/2/19/interior-sets-date-for-largest-oil-gas-lease-sale-in-us-history In support of President Donald J. Trump's ‘America-First Offshore Energy Strategy,’ Deputy Secretary of the Interior David Bernhardt announced that the Department will offer 77.3 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development. Noble Energy announces execution of gas sales agreements for export of gas to Egypt http://www.worldoil.com/news/2018/2/19/noble-energy-announces-execution-of-gas-sales-agreements-for-export-of-gas-to-egypt Noble Energy, Inc., has announced that it has signed agreements to sell significant quantities of natural gas from Leviathan and Tamar fields to Dolphinus Holdings Limited to supply gas in Egypt. Merkel defends Russian gas link expansion protested by Poland http://www.worldoil.com/news/2018/2/19/merkel-defends-russian-gas-link-expansion-protested-by-poland German Chancellor Angela Merkel threw her country’s weight behind the Nord Stream 2 gas pipeline from Russia, boosting the chances that the controversial link will become reality. Harvest Natural Resources sues ex-oil chief over bribe demands http://www.worldoil.com/news/2018/2/19/harvest-natural-resources-sues-ex-oil-chief-over-bribe-demands Former Venezuelan oil minister Rafael Ramirez, already accused of corruption by his own country, now faces a lawsuit from a Houston energy firm alleging that it lost almost half a billion dollars over its refusal to pay bribes for contracts. The Philippines in talks with China for joint sea exploration http://www.worldoil.com/news/2018/2/19/the-philippines-in-talks-with-china-for-joint-sea-exploration The Philippines and China are in talks to jointly pursue oil and gas exploration in disputed waters of the South China Sea, Foreign Affairs Secretary Alan Peter Cayetano said Friday. Indonesia eyes European, U.S. oil giants for investment bids http://www.worldoil.com/news/2018/2/19/indonesia-eyes-european-us-oil-giants-for-investment-bids Indonesia will hold roadshows in the U.S. and Europe later this month to lure investments from the world’s top energy companies as the former OPEC member seeks to reverse a decline in oil and gas production. Abu Dhabi broadens oil partnerships in $1.5-billion Cepsa deal http://www.worldoil.com/news/2018/2/19/abu-dhabi-broadens-oil-partnerships-in-15-billion-cepsa-deal Abu Dhabi’s selection of a Spanish company to help it develop offshore oil fields is a sign of the Gulf producer’s push to diversify its partnerships while working to boost production capacity and secure long-term markets for crude. Noble, Delek sign $15-billion deal to export Israel gas to Egypt http://www.worldoil.com/news/2018/2/19/noble-delek-sign-15-billion-deal-to-export-israel-gas-to-egypt Noble Energy Inc. and Delek Drilling-LP, the lead partners in Israel’s largest gas fields, said they signed a $15 billion agreement to export gas to Egypt’s Dolphinus Holdings. Once OPEC's oil-price dove, Saudi Arabia takes a harder line http://www.worldoil.com/news/2018/2/19/once-opecs-oil-price-dove-saudi-arabia-takes-a-harder-line For decades, Saudi Arabia was the voice of moderation within OPEC, pushing back against the urging of members like Venezuela and Iran for higher oil prices. That role seems to be shifting. U.S. oil exports go up a gear as supertanker sets sail for China http://www.worldoil.com/news/2018/2/19/us-oil-exports-go-up-a-gear-as-supertanker-sets-sail-for-china The flood of U.S. oil exports stepped up a gear on Monday after the first fully laden supertanker sailed from an American port, alleviating a bottleneck that’s limited overseas shipments.