http://www.worldoil.com WorldOil Trump, Saudi Crown Prince speak on crude facility attack https://www.worldoil.com/news/2019/9/14/trump-saudi-crown-prince-speak-on-crude-facility-attack President Donald Trump spoke by phone on Saturday with Saudi Crown Prince Mohammed Bin Salman after a swarm of explosive drones hit key oil-industry targets in Saudi Arabia, the state-run Saudi Press Agency reported. Industry awaits Saudi Arabia’s move after drone attack on infrastructure https://www.worldoil.com/news/2019/9/14/industry-awaits-saudi-arabia-s-move-after-drone-attack-on-infrastructure Fires at the plant were brought under control within hours, but the flow of crude from Saudi Arabia, the world’s biggest exporter, will almost certainly be affected, although we don’t yet know by how much or for how long. Traders who have shrugged off tensions in the Middle East for months will respond to this attack when markets open on Monday. Coordinated drone attack cuts Saudi oil production in half https://www.worldoil.com/news/2019/9/14/coordinated-drone-attack-cuts-saudi-oil-production-in-half Saudi Arabia’s oil production was cut by half after a swarm of explosive drones struck at the heart of the kingdom’s oil industry and set the world’s biggest crude-processing plant ablaze. Southeast New Mexico acquires United flights to Denver, Houston https://www.worldoil.com/news/2019/9/13/southeast-new-mexico-acquires-united-flights-to-denver-houston After a recently completed expansion of the regional airport, Lea County will be augmenting the existing non-stop United Express daily flight service to Houston with a new route to Denver, Colorado which begins on October 27. South Africa revives plan to take free stake in energy projects https://www.worldoil.com/news/2019/9/13/south-africa-revives-plan-to-take-free-stake-in-energy-projects South Africa’s government is drafting a new law that aims at securing it a free stake in all new oil and gas ventures, revising the terms of a proposal shelved four years ago. Oil and gas companies that have secured exploration rights have held back on costly drilling while they await clarity from the government on the commercial terms. The US shale revolution has reshaped the energy landscape at home and abroad, according to latest IEA policy review https://www.worldoil.com/news/2019/9/13/the-us-shale-revolution-has-reshaped-the-energy-landscape-at-home-and-abroad-according-to-latest-iea-policy-review The International Energy Agency released its latest in-depth review of US energy policies on Friday, welcoming US leadership on innovation and highlighting the far-reaching impact of the country’s shale revolution. Trump administration paves way for Arctic drilling rights sale https://www.worldoil.com/news/2019/9/13/trump-administration-paves-way-for-arctic-drilling-rights-sale The Trump administration on Thursday took a major step toward auctioning oil drilling rights across every acre of the Arctic National Wildlife Refuge’s coastal plain, hours after the House of Representatives voted to outlaw the activity. VAALCO kicks off its offshore Gabon drilling campaign https://www.worldoil.com/news/2019/9/13/vaalco-kicks-off-its-offshore-gabon-drilling-campaign The objective of the Etame 9P appraisal wellbore is to test the Dentale reservoirs beneath the Etame field. VAALCO estimates that there could be up to 4.6 MM gross barrels of recoverable oil present in the Dentale reservoirs. Venezuela can’t find vessels to ship its oil as sanctions bite https://www.worldoil.com/news/2019/9/13/venezuela-can-t-find-vessels-to-ship-its-oil-as-sanctions-bite Exports of sanction-hit Venezuelan oil now face a new concern: a shortage of vessels willing to transport crude produced by the regime of President Nicolas Maduro. Saudi prince’s oil diplomacy makes an impression at OPEC+ meeting https://www.worldoil.com/news/2019/9/13/saudi-prince-s-oil-diplomacy-makes-an-impression-at-opecplus-meeting Since the launch of its strategy to revive global oil markets three years ago, one of the biggest challenges faced by OPEC and its allies is that not all the producers have pulled their weight. Vietnam fights China’s moves to hinder offshore exploration https://www.worldoil.com/news/2019/9/13/vietnam-fights-china-s-moves-to-hinder-offshore-exploration The foreign ministry in Hanoi on Thursday called on China to immediately order a state-owned survey vessel along with several Coast Guard escorts to leave Vietnamese-claimed waters in its exclusive economic zone, which stretches 200 nautical miles from its coast.