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Daily Oil & Gas and Wall Street Journal News
8/3/20

United Oil & Gas to develop Walton Morant, Jamaica
Posted on Monday August 03, 2020

United Oil & Gas PLC received approval from the Jamaican Government to develop the Walton Morant license, Jamaica.

IOC lets EPCI contract for first phase North Sea platforms
Posted on Monday August 03, 2020

Independent Oil and Gas PLC has let an engineering, procurement, construction and installation (EPCI) contract to HSM Offshore BV for its core project first phase platforms in the southern UK North Sea.

Gazprom Neft developing new production cluster in Western Siberia
Posted on Friday July 31, 2020

Gazprom Neft has begun its full-scale development of a major hydrocarbon cluster covering license blocks in the Khanty-Mansi Autonomous Okrug and the Tyumen Oblast in Western Siberia.

Santos farms into Bengal Energy Cooper basin permit
Posted on Wednesday July 29, 2020

Santos Ltd. has agreed farm-in terms with Bengal Energy Ltd. for a portion of Bengal’s southwest Queensland permit ATP 934 in Cooper-Eromanga basin.

Neptune Energy ties back new developments to Gjøa platform
Posted on Thursday July 23, 2020

Neptune Energy installed subsea oil and gas production flowlines and gas lift flowlines for its Duva (PL636) and Gjøa P1(PL153) developments in the Norwegian sector of the North Sea, 1 year after the projects were approved by Norwegian authorities.

Wall Street Journal
Commercial News

8/3/20

WSJ.com: US Business

Trump Says U.S. Should Get Slice of TikTok Sale Price
President Trump confirmed Monday he is open to a deal in which Microsoft or another U.S. company buys the video-sharing app TikTok, but he said the government should receive payment for clearing a purchase.

With Potential TikTok Deal, Microsoft CEO Looks to Expand Audience
If there is one trait that would link a TikTok acquisition with the other big deals Microsoft Chief Executive Satya Nadella has done, it is his willingness to pay big bucks to expand the software giant?s universe of users.

FAA Formally Proposes Fixes for Return of Boeing's 737 MAX
U.S. air-safety regulators for the first time publicly spelled out the full range of hardware, software, crew training and maintenance changes they are proposing before Boeing?s 737 MAX jets will be allowed to resume flying passengers

Electric-Truck Maker's Deal Adds Further Spark to Battery-Powered Market
Lordstown Motors, the latest company looking to tap investor excitement around battery-powered vehicles, said it will merge with publicly traded DiamondPeak Holdings in a deal that aims to list it on the Nasdaq.

Why TikTok Is at Center of Global Business Battle
Tech columnist Joanna Stern explains the attraction of the app and how it has captivated a global audience rushing to save it.

Covid Supercharges Federal Reserve as Backup Lender to the World
When the coronavirus halted the global economy in March, the U.S. central bank lent massively to counterparts abroad. The action?among its most significant expansions of power yet?cemented the dollar?s dominance.

Global Factories Increase Production, but Overseas Demand Remains Soft
Factories across the U.S., Europe and parts of Asia increased production in July, but the upswing was held back by weak global trade and suggested a long and precarious road ahead for the global economy.

BRE #:00619059
Charles Elfsten, President
Charles A. Elfsten
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