Brent Oil Falls 4% To 3-Month Low As Supply Outage Concerns Ease
Oil prices slump more than 4%, with Brent reaching a three-month low.

Reuters

NEW YORK, July 16 (Reuters) - Oil prices slumped more than 4 percent on Monday, with Brent reaching a three-month low, as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers.



Reuters

LONDON/NEW YORK, July 15 (Reuters) - The world's biggest oil traders are counting hefty losses after a surprise doubling in the price discount of U.S.



SNC-Lavalin Wins Five-year Contract from Saudi-Kuwait Firm
Canada-based SNC-Lavalin will provide general engineering services under latest framework deal.

Al Khafji Joint Operations (KJO), a joint operations BOP Blow Out Preventer repair company gulf coast comprising Aramco Gulf Operations Co.



Reuters

OSLO, July 13 (Reuters) - A four-day oil workers strike in Norway that may escalate on Monday would have to last a month to impact Aker BP's oil rig flanges gulf coast production from the Valhall field in the North Sea, the Norwegian energy BOP Blow Out Preventer repair company gulf coast said on Friday.



Carnarvon: Presence of Hydrocarbons Indicated at Dorado-1 Well
The presence of hydrocarbons has been indicated at the Dorado-1 well offshore Australia, Carnarvon Petroleum Limited says.

The presence of hydrocarbons has been indicated at the Dorado-1 well offshore Australia, Carnarvon Petroleum Limited has revealed.



A $15 Billion Oil Bet Is Tough Challenge for Richest African
If Aliko Dangote pulls it off, the project could transform Nigeria's economy.

(Bloomberg) -- Aliko Dangote has made a fortune out of cement and food processing.



BOEM Sets August Gulf Lease Sale
August 15 lease sale to be livestreamed from New Orleans.

The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has scheduled a region-wide oil and gas lease sale for all available unleased areas in federal waters of the Gulf of Mexico (GOM), BOEM announced late Thursday.



Oil Rises But Declines for the Week As Supply Concerns Ease
Oil prices rose on Friday as strike actions in Norway and Iraq hit supplies, but futures were set for a second straight week of decline.



Reuters

MELBOURNE, July 13 (Reuters) - Shares in Australia's biggest float in nearly four years, oil refiner and marketer Viva Energy , made a disappointing debut on Friday, ending their first day 4 percent below the issue price.



Argentina to Include New Companies in Vaca Muerta Labor Deal
The Vaca Muerta play in Patagonia is one of the world's largest reserves of unconventional hydrocarbons.

Reuters

BUENOS AIRES, July 13 (Reuters) - Argentina plans to include new companies in a 2017 pact among oil producers, workers and the government in an effort to boost competitiveness in the Vaca Muerta shale play, the country's oil rig flanges gulf coast production minister told Reuters on Friday.


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