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



Reuters

BAKU, July 17 (Reuters) - Azerbaijan's state oil fund SOFAZ said on Tuesday its assets rose by more than 9 percent year on year to $38.04 billion as of July 1.



OGA: UKCS Production Efficiency Improves for 5th Straight Year
Production efficiency on the UK Continental Shelf has improved for the 5th consecutive year, according to a new report released by the Oil and Gas Authority.



Reuters

July 17 (Reuters) - Canadian oil sands oil rig flanges gulf coast production will rise more than half a million barrels per day in 2019 and growth will moderate thereafter, according to a forecast by data firm IHS Markit.



BSEE's Angelle: SafeOCS Participation Up Dramatically
BSEE releases 2017 stats for SafeOCS data sharing program.

Offshore oil and gas industry participation in a critical data sharing program called SafeOCS has grown by nearly 20 times, the head of the U.S.

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