WorldOil CAPP: Trans Mountain Expansion Project must be approved, start construction immediately The Canadian Association of Petroleum Producers (CAPP) issued a statement on the Trans Mountain Expansion Project (TMEP) today in advance of the Government of Canada’s expected announcement on June 18. Petrobrás makes biggest gas discovery in the Sergipe basin since 2006ás-makes-biggest-gas-discovery-in-the-sergipe-basin-since-2006 Petrobras has made its biggest discovery in the Sergipe since the pre-salt in 2006. Of six fields, it expects to extract 20 MMcmd of natural gas, equivalent to a third of the total Brazilian production. ONGC moves 35 drilling rigs ahead of Indian monsoon season India’s Oil and Natural Gas Corporation Limited (ONGC) has moved a record high 35 offshore drilling rigs to new locations ahead of the Indian monsoon season. DeltaTek completes cementing services at Total's Ballindalloch field Well construction specialist, DeltaTek Global, has announced the successful completion of its first SeaCure deployment for Total EandP UK. Aker BP granted drilling permit for wildcat east of Frigg field The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 25/2-20, cf. Section 15 of the Resource Management Regulations. Equinor discovers oil and gas from exploration well Snadd Outer Outer/Black Vulture Equinor, alongside partners Ineos EandP and Faroe Petroleum, has made an oil and gas discovery in exploration well Snadd Outer Outer/Black Vulture in production license 159B, in the Norwegian Sea. Equinor completes drilling of wildcat southeast of Korpfjell discovery Equinor Energy AS, operator of production license 859, has completed the drilling of wildcat well 7335/3-1. Oil short-selling surges as global demand outlook deteriorates Oil skeptics are gaining ground fast as the outlook for global demand worsens. Hedge funds boosted their bets that West Texas Intermediate crude will fall by 46%, the most since August. Canadian industry and indigenous groups support original amendments to Bill C-69 On Monday, June 17, members of the Save Canadian Jobs Coalition will hold a joint press conference to call on Members of Parliament to support the Senate’s original amendments to Bill C-69. Pompeo vows that U.S. will protect shipping in Persian Gulf There’s “no doubt” Iran was responsible for attacks on two oil tankers leaving the Persian Gulf last week, and the U.S. will guarantee safe commercial navigation going forward with its partners, Secretary of State Michael Pompeo said. Inpex agrees on framework for $20-billion Indonesian LNG project Japan’s Inpex Corp. agreed on a framework with Indonesia for the $20-billion Abadi liquefied natural gas project, a key step toward reaching final investment for one of the world’s biggest export ventures.