http://www.worldoil.com WorldOil CNOOC accelerates Green Dragon's asset development via supplementary agreements http://www.worldoil.com/news/2017/9/20/cnooc-accelerates-green-dragons-asset-development-via-supplementary-agreements Green Dragon Gas Ltd. has announced that it has finalized a memorandum of understanding (MOU) on five production sharing contracts (PSC) and two supplementary agreements with China United Coalbed Methane Corporation (CUCBM). Petro Matad announces postponed drilling campaign in Mongolia, CEO search http://www.worldoil.com/news/2017/9/19/petro-matad-announces-postponed-drilling-campaign-in-mongolia-ceo-search Petro Matad, the AIM quoted Mongolian oil explorer has provided an operational update. North Korea may copy Nazi Germany if total oil ban takes effect http://www.worldoil.com/news/2017/9/15/north-korea-may-copy-nazi-germany-if-total-oil-ban-takes-effect As the U.S. and its allies look to impose even stricter measures against North Korea, leader Kim Jong Un could find inspiration from oppressive regimes of yesteryear in Nazi Germany and Apartheid-era South Africa. Sonoro Energy reports arrival of drilling rig in West Sulawesi, Indonesia http://www.worldoil.com/news/2017/9/14/sonoro-energy-reports-arrival-of-drilling-rig-in-west-sulawesi-indonesia Sonoro Energy has announced that the drilling rig from PT Advanced Services Indonesia (ASI) has mobilized from Balikpapan, sailed across the Makassar Strait, and is now moored and being unloaded in the Indonesian province of West Sulawesi. Wood Group secures subsea contract supporting CNOOC in the South China Sea http://www.worldoil.com/news/2017/9/14/wood-group-secures-subsea-contract-supporting-cnooc-in-the-south-china-sea Wood Group has been awarded a new contract by China National Offshore Oil Corporation (CNOOC) to support their Lingshui 17-2 gas development in the Qiongdongnan basin of the South China Sea. Collaboration delivers LWD triple-combo breakthrough for ultra-high-temperature wells http://www.worldoil.com/magazine/2017/september-2017/features/collaboration-delivers-lwd-triple-combo-breakthrough-for-ultra-high-temperature-wells As exploration efforts go into deeper, hotter and more remote offshore basins, the need for more advanced downhole drilling and logging tools is palpable. Accordingly, a new LWD toolstring that provides real-time downhole data, while withstanding 410°F temperatures, has been developed and tested in the harsh Gulf of Thailand. CNPC, Eni sign EandP cooperation agreement http://www.worldoil.com/news/2017/9/13/cnpc-eni-sign-ep-cooperation-agreement China National Petroleum Corporation (CNPC) and Eni signed cooperation agreement in order to cooperate in oil and gas exploration and production, gas and LNG value chain opportunities, trading and logistics opportunities, refining and petrochemicals. OPEC increases global oil demand forecasts on Europe, China http://www.worldoil.com/news/2017/9/12/opec-increases-global-oil-demand-forecasts-on-europe-china OPEC raised estimates for the amount of crude it will need to supply next year amid a stronger outlook for global oil demand. UN sanctions to cut North Korea's fuel imports as crude keeps flowing http://www.worldoil.com/news/2017/9/12/un-sanctions-to-cut-north-koreas-fuel-imports-as-crude-keeps-flowing New United Nations sanctions on North Korea will cut imports of fuels such as gasoline and diesel by almost 56% while capping shipments of crude at current levels, according to the U.S. U.S. said to water down North Korea sanctions before vote http://www.worldoil.com/news/2017/9/11/us-said-to-water-down-north-korea-sanctions-before-vote The U.S. has watered down a proposal to punish North Korea for its sixth and most powerful nuclear test, omitting an oil embargo and a freeze of Kim Jong Un’s assets, according to a European diplomat.