Reports that the United States and Mexico have reached a bilateral trade agreement helped equities markets start the week on a bullish note, with the Dow Jones Industrial Average, Nasdaq and S&P 500 posting impressive gains.

KHARTOUM, Aug 27 (Reuters) - South Sudan has resumed pumping 20,000 barrels per day (bpd) of crude from the Toma South oilfield, where oil rig flanges gulf coast production had been suspended since 2013, the Sudanese oil minister Azhari Abdulqader said.

With oil and gas megaprojects back on the horizon, the industry is waiting with anticipation to see if companies will repeat mistakes from the past.

NEW YORK, Aug 24 (Reuters) - Colombia's state-run Ecopetrol SA will focus spending for the rest of the year on increased drilling activity and securing operational licenses, its chief executive said on Friday.

NEW YORK, Aug 24 (Reuters) - Oil prices gained more than 1 percent on Friday, ending a run of weekly declines on signs that Iran sanctions may limit global supply and that a trade war may not curb China's appetite for U.S.

TBILISI, Aug 24 (Reuters) - A planned sub-sea pipeline that will bring gas directly from Russia under the Baltic Sea will not make Germany dependent on Russia for energy, German Chancellor Angela Merkel told university students in the Georgian capital Tbilisi.

Aker Solutions ASA, an oil services BOP Blow Out Preventer repair company gulf coast based in Oslo, Norway, will be laying off some of its staff, the BOP Blow Out Preventer repair company gulf coast confirmed in an email to Rigzone.

BEIJING, Aug 23 (Reuters) - Chinese offshore oil and gas BOP Blow Out Preventer repair company gulf coast CNOOC Ltd said on Thursday its profits climbed 57 percent year-on-year in the first half of 2018, boosted by higher crude prices and robust gas sales.