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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.

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, its oil minister was quoted as saying on Monday at a news conference with his Spanish counterpart in Tehran.

UK set to reject Navitus Bay wind farm project - paper

COPENHAGEN, Sept 7 (Reuters) - Britain is poised to reject a large wind farm project in the English Channel as it would jeopardise the UNESCO World Heritage Site status of the country's Jurassic Coast, British newspaper The Telegraph reported.

France's Hollande says risk climate talks could fail

PARIS, Sept 7 (Reuters) - French President Francois Hollande warned on Monday that there was a risk that talks in Paris later this year to reach a global agreement on combating climate change could fail.

COLUMN-Hedge fund short-covering in oil has further to run: Kemp

LONDON, Sept 7 (Reuters) - Hedge funds covered only a small part of their gross short position in U.S. crude oil futures and options during the recent rally, implying there is a lot more short-covering still to come.

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