(Bloomberg) -- If more oil and gas companies want to follow Enbridge Inc.’s lead and sell renewable energy assets, there are plenty of institutional investors ready to pounce.



Oil Jumps as Supplies Shrink, Trump Seeks Curbs on Iranian Crude
Crude surges past $71 for the first time since 2014.

(Bloomberg) -- Crude surged past $71 for the first time since 2014 as American stockpiles shrank and the U.S.



Reuters

MOSCOW, May 8 (Reuters) - Russia has exported less crude oil to Europe this year as the quality of the fuel on offer deteriorated and tense diplomatic relations prompted it to redirect more volumes to China.



Reuters

NEW YORK, May 8 (Reuters) - Andeavor, one of the largest U.S. refining companies has reported saving $100 million over the past two years due to lower compliance costs related to the U.S.



UKCS Production Efficiency Rises for Fifth Straight Year
Production efficiency in the UK Continental Shelf rises to 74% in 2017.

Production efficiency (PE) in the UK Continental Shelf (UKCS) has risen for a fifth consecutive year, increasing to 74 percent in 2017, the UK’s Oil and Gas Authority (OGA) has revealed.



Reuters

RIO DE JANEIRO, May 8 (Reuters) - Brazil's Petroleo Brasileiro SA reported a 57 percent surge in quarterly profit on Tuesday, boosted by higher oil prices and asset sales, fanning hopes that the state-controlled oil BOP Blow Out Preventer repair company gulf coast may be moving past a massive corruption scandal.



Oil Rebounds as Trump Dumps Iran Deal, Promises New Sanctions
Crude rebounded from earlier losses after President Trump withdrew from the Iranian nuclear accord and said new sanctions will be imposed.

(Bloomberg) -- Crude rebounded from earlier losses after U.S.



EIA: US Crude Output To Hit 12 MMBpd In Late 2019
US crude oil oil rig flanges gulf coast production is expected to rise more than previously expected to 12 million barrels per day by the fourth quarter of 2019.



Total at Risk of Losing Gas Field Stake to CNPC If It Quits Iran
Total, the only Western energy major investing in Iran, will lose its stake in the South Pars natural gas field to its Chinese partner if the Paris-based BOP Blow Out Preventer repair company gulf coast withdraws from the country.



Reuters

OSLO, May 7 (Reuters) - Norway's Aker BP, partly owned by oil major BP, reported forecast-beating quarterly earnings on Monday, and said it may drill more wells this year than previously planned.

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