WorldOil U.S. blacklists CNOOC for “bullying” in the South China Sea China National Offshore Oil Corp. has for years drilled in waters far from its borders, and within 200 miles of countries including Vietnam and the Philippines. The activity amounts to the oil giant acting like a “bully” for China’s military to intimidate its neighbors, U.S. Commerce Secretary Wilbur Ross said in a statement announcing the move, which restricts access to U.S. technologies without specific permission. Equinor and YPF team up with Shell in Argentina's offshore CAN 100 block The CAN 100 block comprises an area of 15,000 km² and is the largest block in the North Argentinian Basin. Turkey and Greece to meet over Mediterranean energy disputes The announcement comes just weeks after the European Union pledged to expand the number of Turkish officials sanctioned over the country’s energy exploration in the disputed waters of the eastern Mediterranean Sea. Supermajors steer clear of Trump’s Arctic drilling lease auction Amid low crude prices, fears about a backlash from the public and the prospect of regulatory uncertainty, just two oil companies placed bids on leases in the Arctic National Wildlife Refuge’s coastal plain: Knik Arm Services LLC and Regenerate Alaska Inc. Bid review begins in rare auction of Alaskan Arctic drilling rights The Bureau of Land Management was set to begin opening sealed bids for 10-year leases in the Arctic National Wildlife Refuge’s coastal plain Wednesday afternoon, less than a day after a federal judge rejected environmental groups’ pleas to halt the auction. Court allows Trump’s Arctic refuge drilling auction to proceed The decision is a victory for the administration, which has been racing to issue oil leases in the refuge’s coastal plain before the Jan. 20 inauguration of President-elect Joe Biden. Opinion: An assault from all fronts on energy independence Despite the claims of the sensationalist, fake-news media, the environment in America is getting better, not worse, writes Texas Railroad Commission Chairman Wayne Christian. Russian bank funds lion’s share of Trafigura’s $7B Rosneft oil deal A Rosneft spokesman said that the deal was “a logical extension” of its cooperation with Trafigura and would give the trading house “long-term access to high quality hydrocarbons to be produced with a low-carbon footprint that can be shipped both to the west and east.” Texas, New Mexico to offer 100+ oil and gas leases in online auctions The BLM New Mexico State Office will be offering 37 parcels covering 6,850.72 acres, while , the Texas General Land Office will offer 66 tracts covering 22,500.607 net mineral acres in 16 different counties in January. Egypt taps Exxon, Chevron for billion-dollar offshore exploration program This deal, plus more to be announced, target drilling 23 wells in nine regions in the Mediterranean and three regions in the Red Sea, with a minimum total investment seen at $1.4 billion.