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UPDATE 1-Israel lawmakers approve gas development deal, obstacles remain

JERUSALEM, Sept 7 (Reuters) - Israel's parliament on Monday approved a deal that would enable the development of three offshore natural gas fields, although significant regulatory hurdles remain.

UPDATE 1-Iran hopes to export gas to EU through Spain

DUBAI, Sept 7 (Reuters) - Iran hopes to bring its gas to the European Union by shipping liquefied natural gas (LNG) to Spain, Iran's oil minister was quoted as saying on Monday at a news conference with his Spanish counterpart in Tehran.

Iraqi defence minister unharmed after convoy hit by sniper -spokesman

BAGHDAD, Sept 7 (Reuters) - Iraqi Defence Minister Khaled al-Obeidi was unharmed after his convoy came under sniper fire near the town of Baiji, 190 kilometres (120 miles) north of Baghdad, during a field visit, a ministry spokesman said on Monday.

Glencore copper output cut not a panacea for prices

LONDON, Sept 7 (Reuters) - Glencore's move to slash copper output will help shore up prices, but significant gains are unlikely because supplies are still adequate and growth in demand is weak, particularly from top consumer China.

ABB to supply intelligent energy management solution to Petroamazonas in Ecuador

Swiss power and automation technology company ABB will supply an integrated intelligent energy management solution, Emax 2 air circuit breakers to Ecuador’s state-owned oil company Petroamazonas EP to avoid any unexpected generator shutdowns.

UPDATE 1-Islamic State takes Syrian state's last oilfield - monitor

AMMAN, Sept 7 (Reuters) - Islamic State fighters have seized the last major oilfield under Syrian government control during battles over a vast central desert zone, a group monitoring the conflict said on Monday.

UPDATE 3-Glencore to slash debt, boost balance sheet amid commodity market slump

* Battered shares rise 4 percent (Adds analysts, CFO comments)

Gulf oil ministers to meet on Thursday amid price slide

DUBAI, Sept 7 (Reuters) - Gulf oil ministers are due to meet this week in Qatar for an annual meeting, in the first gathering by the heavyweight crude producers since the latest slide in oil prices.

UPDATE 4-Oil prices fall on China equity losses

* Investors awaiting monthly oil, euro zone GDP data (Updates prices, adds detail on China)

Islamic state seizes oil field in central Syria -monitor

AMMAN, Sept 7 (Reuters) - Islamic State fighters have seized an oil field in a vast desert area of central Syria where the army has been battling to regain ground from the ultra hardline militants, a group monitoring the conflict said on Monday.

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