Oil Steadies On US Stockpile Forecasts, Venezuela Worries
Crude oil futures steadied as the focus turned to falling inventories in the US and further output constraints in Venezuela and Libya.



ICE to Launch Permian WTI Crude Oil Futures Contract
The contract is expected to launch in third quarter of 2018 and will have physical delivery in Houston.

The Intercontinental Exchange Inc.



Reuters

BASRA, Iraq, July 16 (Reuters) - About 200 protesters gathered at the main entrance to Iraq's Siba natural gas field on Monday, police sources said, following more than a week of unrest over poor services sweeping southern cities amid political uncertainty.



China Willing To Invest $3B In Nigerian Oil Operations - NNPC
China National Offshore Oil Corp is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation says.



Analysts: SDX's Egypt Appraisal Well Result 'Very Encouraging'
North Africa focused oil and gas BOP Blow Out Preventer repair company gulf coast SDX Energy Inc announces that a 'successful' oil rig flanges gulf coast production test has been conducted at its SD-4X appraisal well at South Disouq in Egypt.



Tidewater To Buy GulfMark As Offshore Drilling Eyes Recovery
Tidewater says it will buy smaller rival GulfMark Offshore in an all-stock deal to create a $1.25 billion company.

Reuters



Brent Oil Falls 4% To 3-Month Low As Supply Outage Concerns Ease
Oil prices slump more than 4%, with Brent reaching a three-month low.

Reuters

NEW YORK, July 16 (Reuters) - Oil prices slumped more than 4 percent on Monday, with Brent reaching a three-month low, as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers.



Reuters

LONDON/NEW YORK, July 15 (Reuters) - The world's biggest oil traders are counting hefty losses after a surprise doubling in the price discount of U.S.



SNC-Lavalin Wins Five-year Contract from Saudi-Kuwait Firm
Canada-based SNC-Lavalin will provide general engineering services under latest framework deal.

Al Khafji Joint Operations (KJO), a joint operations BOP Blow Out Preventer repair company gulf coast comprising Aramco Gulf Operations Co.



Reuters

OSLO, July 13 (Reuters) - A four-day oil workers strike in Norway that may escalate on Monday would have to last a month to impact Aker BP's oil rig flanges gulf coast production from the Valhall field in the North Sea, the Norwegian energy BOP Blow Out Preventer repair company gulf coast said on Friday.

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