http://www.worldoil.com WorldOil LOOP completes first VLCC crude oil loading operation http://www.worldoil.com/news/2018/2/20/loop-completes-first-vlcc-crude-oil-loading-operation LOOP LLC has successfully completed the first very large crude carrier (VLCC) crude oil loading operation at its Deepwater Port, 18 mi offshore of Port Fourchon, La. Trinidad Drilling considers sale as Canadian EandP activity slumps http://www.worldoil.com/news/2018/2/20/trinidad-drilling-considers-sale-as-canadian-ep-activity-slumps Trinidad Drilling Ltd., which provides contract drilling services in North America and the Middle East, is considering selling itself as years of slumping drilling activity in Canada weighs on revenue. Shell shows interest in BHP assets amid plans to expand in shale http://www.worldoil.com/news/2018/2/20/shell-shows-interest-in-bhp-assets-amid-plans-to-expand-in-shale Royal Dutch Shell Plc said it’s potentially interested in BHP Billiton Ltd.’s oil assets on sale in the Permian basin in the U.S. as it seeks to boost its role in shale. BHP sees faster shale sale in race to exit $10-billion unit http://www.worldoil.com/news/2018/2/20/bhp-sees-faster-shale-sale-in-race-to-exit-10-billion-unit BHP Billiton Ltd. is accelerating plans to exit its $10-billion U.S. shale unit, flagging that deals could be announced before the end of the year. U.S. oil costly again as it's stored less and shipped more http://www.worldoil.com/news/2018/2/20/us-oil-costly-again-as-its-stored-less-and-shipped-more Dwindling volumes at the biggest U.S. oil storage hub and the potential for bigger cargoes to sail overseas is giving American crude a premium sheen once again. 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. Mexico officially joins IEA as 30th member country http://www.worldoil.com/news/2018/2/18/mexico-officially-joins-iea-as-30th-member-country Mexico officially became the International Energy Agency's 30th member country on Feb. 17, 2018, and its first member in Latin America. Fieldwood Energy files for Chapter 11 bankruptcy relief http://www.worldoil.com/news/2018/2/16/fieldwood-energy-files-for-chapter-11-bankruptcy-relief Fieldwood Energy LLC announced that it has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the Bankruptcy Court for the Southern District of Texas as part of a "prepackaged" chapter 11 case. Foothills Exploration reports successful completion, flow testing of horizontal well in Utah http://www.worldoil.com/news/2018/2/16/foothills-exploration-reports-successful-completion-flow-testing-of-horizontal-well-in-utah Foothills Exploration, Inc., an independent oil and gas exploration company engaged in the acquisition and development of oil and gas properties in the Rockies, reported today the successful drilling, completion and flow testing of the Stagecoach 111-20H horizontal well, now producing natural gas in commercial quantities. Deloitte: Industry exercises caution with MandA, though trend is changing http://www.worldoil.com/news/2018/2/15/deloitte-industry-exercises-caution-with-ma-though-trend-is-changing Deloitte forecasts that although the oil and gas industry may be in love with the recent rise in commodity prices it is still exercising some caution when it comes to MandA activity, but that is changing.