Reuters

UNITED NATIONS, July 19 (Reuters) - Russia and China on Thursday delayed a U.S. push for a U.N. Security Council committee to order a halt to refined petroleum exports to North Korea, asking for more detail on a U.S.



Saudi Arabia Says It Won't Oversupply Global Oil Market
Saudi Arabia rejected concerns that it's planning to oversupply global oil markets and said it will actually trim crude exports next month.



BHP: Exit Process for Onshore US Assets Progressing to Plan
BHP says the exit process for its onshore US assets is 'progressing to plan'.

BHP revealed Wednesday that the exit process for its onshore US assets is “progressing to plan”.



Oil & Gas UK: Industry Must Hold Firm in 'Relentless' Pursuit of Efficiency
Preventing oil rig flanges gulf coast production losses and improving efficiency is a 'vital cog' in efforts to maximize economic recovery from the UK Continental Shelf, says Oil & Gas UK.



Reuters

DUBAI, July 18 (Reuters) - The Iranian-aligned Houthi movement in Yemen said it had attacked a Saudi Aramco refinery in Riyadh on Wednesday using a drone, as the oil BOP Blow Out Preventer repair company gulf coast said it had contained a limited fire at the plant.



Reuters

LONDON, July 18 (Reuters) - Azerbaijan's Socar is refocusing its trading arm's activities on LNG and its new Turkish refinery while winding down less profitable trades as it feels the sting of weak profits, sources familiar with the matter said.



US Crude Oil Output Hits 11 Million bpd For First Time Ever
US crude oil oil rig flanges gulf coast production last week hit 11 million barrels per day (bpd) for the first time in the nation's history.



Security Issues Continue to Plague Libya's Oil-Supply Growth
Just as Libya resumes oil exports from recently shuttered ports, an attack on its largest field is setting back progress yet again.



Crude Edges Up as Fuel Supply Drop Outweighs Rising Crude Stocks
Crude rose as investors assessed conflicting supply-and-demand signals in the world's biggest economy.

(Bloomberg) -- Crude rose as investors assessed conflicting supply-and-demand signals in the world's biggest economy.



Electricity Investments Surpass Oil, Gas for Second Year Running - IEA
Global electricity investments exceeded those in oil and gas for the second year running in 2017, the International Energy Agency says.

Reuters


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