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GRAPHIC-Could the world cope with another major disruption to oil supply?

LONDON, Sept 8 (Reuters) - A battle for market share between
oil producers has left the world awash with stocks of unwanted
crude and driven a collapse in prices over the past two years.

Narrowing crude oil price differences contribute to global convergence of refining profits

(Thu, 08 Sep 2016) Earnings per barrel of crude oil and other inputs processed by refiners that operate mainly in North America were lower in the second quarter of 2016 compared with the same time last year and are now close to per-barrel earnings by refiners operating elsewhere.

UPDATE-1-China's August crude imports surge to second-highest ever

* Crude imports in August at 7,735,645 bpd, up 23.5 percent
on yr

UAE leader returns after rare trip since 2014 stroke

DUBAI, Sept 8 (Reuters) - The United Arab Emirates (UAE)
President Sheikh Khalifa bin Zayed al-Nahyan has returned home
after a private trip abroad, state news agency WAM said, in a
rare report on the U.S.-allied leader's movements since he
suffered a stroke in 2014.

Australia shares dragged down by banks, basic materials; NZ lower

Sept 8 (Reuters) - Australian shares fell to their lowest in
close to two months on Thursday as many investors were edgy
about global economic prospects, and some encouraging trade data
from China did not lift spirits.

COLUMN-Time to stop over-analysing oil freeze, it's not helping: Russell

SINGAPORE, Sept 8 (Reuters) - One of the enduring features
of oil markets is a tendency to over-analyse and interpret every
word uttered by the various players, with the current debate
over a mooted output freeze being the latest case in point.

Annual Asia oil shindig sobers up as downturn lingers

* Global oil industry eyes China's 'teapots' for new
business

Father of former Nigeria militant dies following military incursion

YENAGOA, Nigeria, Sept 8 (Reuters) - The father of a former
Nigerian militant leader has died after sustaining injuries
during a government military campaign aimed at halting attacks
on infrastructure in the oil-producing Delta region, his
spokesman said late on Wednesday.

Maersk Drilling wins contract for jack-up rig Maersk Gallant in UK

Maersk Drilling has been awarded a contract for the jack-up rig Mærsk Gallant with Maersk Oil.

Tekmar Energy from the OWF sector join forces with Subsea Innovation from O&G to collaborate on technology and cost reduction

Tekmar Energy (TEL) and Subsea Innovations (SIL) signed a strategic collaborations agreement to collaborate in sales, product development and strategic initiatives towards cost and risk reduction in both OWF cabling equipment and O&G SURF and pipeline ancillaries.

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