Eni Norge AS plans to drill two subsea wells in Goliat field to start production from the Snadd discovery in the Barents Sea offshore Norway. The Snadd reservoir lies between the Realgrunnen and Kobbe reservoirs, which already are producing. Source: News

Assala Energy Holdings Ltd., a portfolio firm of global alternative asset manager Carlyle Group, has agreed to acquire all of Royal Dutch Shell PLC’s onshore oil and gas operations and related infrastructure in Gabon for $587 million. Source: News

Moody’s Investors Service has changed the outlook to stable from negative on the North American and EMEA (Europe, the Middle East, and Africa) regions refining and marketing (R&M) businesses. This outlook reflects Moody’s expectation for the fundamental business conditions over the next 12-18 months. Source: News

US President Donald J. Trump signed a much-anticipated executive order that was directed more at energy than environmental regulation. Source: News

The light, sweet crude oil contract for May gained slightly and settled above $50/bbl for a second consecutive day on the New York market Mar. 31. Analysts said oil market participants awaited news on compliance with production-cut targets, interrupted Libyan production, and rising US production. Source: News

Nothing is more effective than a severe, prolonged downturn at stripping an industry of its excesses, especially in the US onshore upstream business. Source: News

Yes, US President Donald Trump acted audaciously on Mar. 28 when he signed an executive order gutting environmental policies of his predecessor. But former President Barack Obama acted audaciously, too, when he made affordable energy subservient to the mitigation of climate change. Source: News

Kids are born ready to learn. Ready to play doesn’t come too far behind. They typically learn from being read books and playing with things. This much hasn’t changed as the 21st century advances. They learn about (and play with) colors and shapes and farm animals and cars and planes. Source: News