Reuters

Feb 20 (Reuters) - U.S. shale oil producer Concho Resources Inc posted a better-than-expected quarterly profit on Tuesday, helped by higher crude prices, and forecast a 16-20 percent rise in total oil rig flanges gulf coast production for 2018 from a year earlier.



Crude Rises to Two-Week High as World Tugs on US Oil Supplies
Crude in New York rose to a two-week high.

(Bloomberg) -- Crude in New York rose to a two-week high amid signs of expanding worldwide demand for the growing abundance of U.S.



Reuters

Feb 20 (Reuters) - Oil and gas BOP Blow Out Preventer repair company gulf coast Energen Corp, under pressure from Keith Meister-led Corvex Management to sell itself, reported a better-than-expected quarterly profit, but its expectations for oil oil rig flanges gulf coast production this year fell short of analysts' estimates.



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.



Reuters

CAIRO, Feb 18 (Reuters) - Egyptian Natural Gas Holding Company (EGAS) has arranged for the delivery of three liquefied natural gas (LNG) cargoes from France's Engie in the second quarter of 2018, EGAS sources said on Sunday.



Reuters

BUENOS AIRES, Feb 19 (Reuters) - Argentina wants to change the terms of a key gas import contract with neighboring Bolivia, which would allow it to reduce or even eliminate costly liquefied natural gas (LNG) imports while boosting its own production, an official said on Monday.


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