WorldOil China tariffs could mean bleak winter ahead for U.S. LNG This winter could be a bleak one for America’s natural gas exporters as the fastest-growing buyer of the fuel threatens to halt purchases amid an escalating trade war. GulfSlope Energy spuds Canoe prospect, in the U.S. Gulf of Mexico GulfSlope Energy, Inc. has announced that last week it commenced drilling of the Canoe Prospect No.1 well located in the Vermilion Area, South Addition Block 378 with the Rowan Ralph Coffman jack-up rig. Companies in the news Danos has been awarded a contract by Shell Exploration and Production Company to provide coatings for Shell’s deepwater Appomattox platform in the Gulf of Mexico. What’s new in production Into the weeds What’s new in exploration A.I. is just that, artificial— don’t make it a deity Maintaining asset integrity during hurricane season Use of simulation twins can protect floating assets during hurricane season. U.S. selling more oil to India, Iran’s biggest customer One of Iran’s biggest oil customers is buying more U.S. crude as President Donald Trump sticks to his pledge to squeeze the Persian Gulf nation’s energy trade. China buckles in trade war: No tariffs on U.S. crude imports The removal of U.S. crude from goods targeted by Chinese tariffs is a sign that America has become too big to ignore in the oil market. Kosmos Energy acquires Deep Gulf Energy for $1.22 billion Kosmos Energy entered into an agreement to acquire Deep Gulf Energy for a total consideration of $1.225 billion. Breathing easy in Beijing may get pricey Chinese President Xi Jinping’s trade policies are threatening to make his environmental goals more costly to meet.