Libya, Nigeria at 'High Risk' of Oil Sector Disruption
Libya and Nigeria are at 'high risk' of oil sector disruption, especially towards the end of 2018, according to oil and gas analysts at BMI Research.



Aker BP Makes North Sea Find
Aker BP makes a discovery in Frosk exploration well 24/9-12, which is located near Alvheim in the North Sea.

Aker BP revealed Monday that it has made a discovery in the Frosk exploration well 24/9-12, which is located near Alvheim in the North Sea.



UK's EnQuest Expects Higher Production This Year
EnQuest Plc expects higher oil rig flanges gulf coast production in 2018, helped by its flagship Kraken oilfield and its acquisition of a 25% stake in BP's Magnus oilfield.



Israel to Export Natural Gas to Egypt in $15 Billion Deal
The lead partners in Israel's largest gas fields said they signed a $15 billion gulf coast oil rig export deal with Egypt.



Reuters

BAGHDAD, Feb 19 (Reuters) - Iraqi Oil Minister Jabar al-Luaibi will visit Turkey at the end of the week at the invitation of his Turkish counterpart to discuss the resumption of oil exports through Turkey's Ceyhan port, the Iraqi oil ministry said in a statement on Monday.



Italy's Eni Sees 'Excellent Prospects' After 4Q Profits More Than Double
Eni says it could create 'substantial surplus value' for shareholders in the future after 4Q profits more than double and beat forecasts.



Bravo Target Safety, a leading provider of industrial and oilfield emergency response and safety services, announced that it will be creating up to 500 employment opportunities in the coming months.



Global Oil Cut Deal May Hit Russian Economy In 2018- Central Bank
A global deal on output cuts between OPEC and non-OPEC countries to shore up oil prices may hit Russia's economy in 2018.



Oil Posts a Weekly Rise as Stocks Recover, Dollar Flounders
Oil posted its first weekly increase since last month.

Reuters

(Bloomberg) -- Oil posted its first weekly increase since last month as rebounding equity markets eased concern about economic growth and a weakening dollar boosted the allure of commodities priced in the U.S.



Baker Hughes: US Drillers Add Oil Rigs For Fourth Consecutive Week
US energy companies add oil rigs for a fourth week in a row.

Reuters

Feb 16 (Reuters) - U.S. energy companies added oil rigs for a fourth week in a row even though crude pulled back from three-year highs over the past couple of weeks as more drillers boost their 2018 spending plans.

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