http://www.worldoil.com WorldOil Saudis warn an oil price surge could follow reduced global crude exploration https://www.worldoil.com/news/2021/6/16/saudis-warn-an-oil-price-surge-could-follow-reduced-global-crude-exploration A new supercycle in global oil prices could be triggered by a lack of new investments in exploration, Saudi Arabia’s energy minister said. Norway’s energy minister sees both renewables and fossil fuels in the nation’s future https://www.worldoil.com/news/2021/6/11/norway-s-energy-minister-sees-both-renewables-and-fossil-fuels-in-the-nation-s-future Norway, Western Europe’s biggest oil producing nation, plans to expand its green energy industry and strengthen its power grid, but isn’t willing to budge when it comes to exploiting its oil and gas resources. Exxon and its partners log new discovery at Longtail-3 offshore Guyana https://www.worldoil.com/news/2021/6/9/exxon-and-its-partners-log-new-discovery-at-longtail-3-offshore-guyana “Longtail-3, combined with our recent discovery at Uaru-2, has the potential to increase our resource estimate within the Stabroek block, demonstrating further growth of this world-class resource and our high-potential development opportunities offshore Guyana,” said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil. Turkey announces significant new Black Sea natural gas discovery https://www.worldoil.com/news/2021/6/4/turkey-announces-significant-new-black-sea-natural-gas-discovery Turkish President Recep Tayyip Erdogan announced that state energy company Tpao has found 135 billion cubic meters of gas at the Amasra-1 offshore well, bringing the total amount of deposits discovered in the Black Sea over the past year to 540 billion cubic meters. Biden blocks Trump’s last-minute Arctic Refuge drilling permits https://www.worldoil.com/news/2021/6/2/biden-blocks-trump-s-last-minute-arctic-refuge-drilling-permits Under an Interior Department order issued Tuesday, the agency is temporarily halting action on nine leases spanning more than 400,000 acres (161,870 hectares) of the Arctic National Wildlife Refuge, while it conducts a fresh environmental analysis of the program. Exxon walks away from stake in deepwater Ghana block https://www.worldoil.com/news/2021/6/1/exxon-walks-away-from-stake-in-deepwater-ghana-block Exxon Mobil is pulling out of a deep-water oil prospect in Ghana just two years after the west African nation ratified an exploration and production agreement with the U.S. oil titan. Angola’s petroleum agency hosting QandA sessions for upcoming bid round https://www.worldoil.com/news/2021/5/7/angola-s-petroleum-agency-hosting-qa-sessions-for-upcoming-bid-round Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) is organizing two question and answer sessions, aimed at investors globally to clarify information on its ongoing bid round for onshore oil and gas blocks in the Congo and Namibe basins. Chesapeake seeks to sell south Texas shale assets for $2 billion https://www.worldoil.com/news/2021/4/30/chesapeake-seeks-to-sell-south-texas-shale-assets-for-2-billion Chesapeake Energy Corp., the once mighty shale explorer that exited bankruptcy earlier this year, is seeking to sell oil-producing assets in South Texas for as much as $2 billion, according people familiar with the plan. Maersk Drilling awarded one-well exploration contract for Maersk Discoverer https://www.worldoil.com/news/2021/4/22/maersk-drilling-awarded-one-well-exploration-contract-for-maersk-discoverer Maersk Drilling has been awarded a one-well contract by CGX Resources Inc., operator and joint venture partner with Frontera Energy Guyana Corp, for the semi-submersible rig Maersk Discoverer to perform exploration drilling in the Corentyne Block offshore Guyana. Talos Energy announces successful deepwater Gulf of Mexico exploration results https://www.worldoil.com/news/2021/4/14/talos-energy-announces-successful-deepwater-gulf-of-mexico-exploration-results Talos Energy, along with affiliates of BP and Chevron U.S.A. announced successful drilling results from the Puma West exploration project located in the U.S. Gulf of Mexico Green Canyon Block 821.