Reuters

MELBOURNE, July 9 (Reuters) - An Australian regulator said on Monday it had found some safety problems on the offshore gas platform for Japanese firm Inpex Corp's Ichthys LNG project off northern Australia and was considering enforcement action.



Reuters

TUNIS, July 9 (Reuters) - Libya's national oil oil rig flanges gulf coast production fell to 527,000 barrels per day (bpd) from a high of 1.28 million bpd in February following recent oil port closures, the head of the National Oil Corporation (NOC) said in a statement on Monday.



Rovuma LNG Phase 1 Development Plan Submitted to Mozambique Government
Mozambique Rovuma Venture S.p.A submits the development plan for the first phase of the Rovuma LNG project to the Mozambique government.

Reuters



Oil Prices Gain On Supply Concerns In Iran, Libya, Canada
Oil prices gained, with US crude ending a choppy session higher on expectations for a Canadian oil rig flanges gulf coast production outage lasting until September.



Reuters

MEXICO CITY, July 9 (Reuters) - Mexico's president-elect, leftist Andres Manuel Lopez Obrador, said on Monday that fuel prices would begin to come down in three years, once domestic fuel output starts to rise thanks to refinery improvements and a planned new refinery.



Egdon Submits New Planning Application for Onshore Wressle Oil Field
Egdon Resources plc announces the submission of a new planning application for the development of the UK onshore Wressle oil field to North Lincolnshire Council.



CNPC To Sign Oil Exploration, Refining Pact With ADNOC This Month - Sources
CNPC is expected to sign a preliminary agreement with ADNOC later this month to invest in oil and gas exploration and refinery projects, sources with knowledge of the matter say.



US Jobs Report: Mining Adds 5,000 Jobs in June
Mining employment continues to trend upward as the U.S. adds thousands of jobs in June.

Mining added another 5,000 jobs in June, according to data released July 6 from the U.S.



Fredriksen Is Back in Rigs After $5 Billion Vanished in Seadrill
The Norwegian-born "Big Wolf" is placing a new wager on offshore drilling.

(Bloomberg) -- John Fredriksen's stake in Seadrill Ltd., once worth more than $5 billion, was virtually wiped out in the oil-market crash.



Oil Mixed As Saudi Output Rises, Equities Rebound
For the week, WTI futures lost about 0.5 percent after hitting a 3-1/2-year high on Tuesday, while Brent lost about 3 percent.


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