UPDATE 2-U.S. shale oil output to rise to record 8.77 mln bpd in September -EIA  Reuters Africa(Adds details on Permian basin). NEW YORK, Aug 12 (Reuters) - U.S. oil output from seven major shale formations is expected to rise by 85,000 barrels p …

UPDATE 2-U.S. oil output slips from record high to 12.1 mln bpd in May  Reuters Africa(Adds demand, export data). NEW YORK, July 31 (Reuters) - U.S. crude oil output declined 26,000 barrels per day (bpd) in May to 12.11 million bpd, the U.S. ... …

Nigeria's state oil firm awards oil-for-fuel swap deals: sources  Reuters AfricaNigerian state oil firm NNPC issued award letters on Monday for highly sought-after contracts to exchange crude oil for imported fuel, oil industry sources told ... R …

UPDATE 2-Supply cuts lift Asia oil refining margins to highest since Sept 2017  ReutersAsia oil refining margins have more than tripled in the past three weeks to hit their highest since September 2017, Refinitiv data showed on Friday, after refi …

UPDATE 2-Dominican Republic expects to award several blocks in first oil licensing round  Reuters(Add analyst comments). HOUSTON, July 10 (Reuters) - The Dominican Republic's first oil licensing round will be a success if it awards more than two …

UPDATE 1-Asia oil refiners mull run cuts after margins hit lowest for season since 2003 - sources, data  ReutersAsia's oil refiners are considering reducing output after margins slumped to their lowest for the season since 2003, according to indu …

UPDATE 2-Angola's crude oil exports to fall sharply in June on field shutdown  Reuters AfricaAdds detail, new grade Mostarda, Angola's production declines) Read more https://af.reuters.com/article/energyOilNews/idAFL5N21Z2VJ

UPDATE 2-Storage tanks explode at Venezuela heavy oil project -sources  Reuters AfricaTwo storage tanks have exploded at the Petro San Felix heavy-crude upgrading project in eastern Venezuela, according to an oil industry source and a ... Read mo …

UPDATE 2-Mexico to cancel Feb auctions for oil, gas blocks including 1st shale areas - energy secretary  Reuters(Adds context, industry details). MEXICO CITY, Dec 8 (Reuters) - Mexico's energy secretary Rocio Nahle said on Saturday that President …

UPDATE 2-Lukoil calls for exit from output deal if oil holds at $70ReutersRussia and Saudi Arabia are leading the wider OPEC and non-OPEC effort to limit production to prop up prices and Brent crude oil futures have risen by more than 50 percent since mid- …