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Twelve US lawmakers have voiced support for Iran deal -White House

WASHINGTON, Aug 7 (Reuters) - Twelve members of the U.S. Congress have come out in support of the nuclear deal between Iran and world powers, the White House said on Friday.

Braskem CEO sees "no grounds" for Petrobras deal accusation

SAO PAULO, Aug 7 (Reuters) - The chief executive of Braskem SA said on Friday that Latin America's largest petrochemical company is not currently facing legal action related to a naphtha supply contract with its second largest shareholder, Brazil's Petrobras.

UPDATE 1-U.S. oil drillers add rigs despite crude prices collapse -Baker Hughes

Aug 7 (Reuters) - U.S. energy firms added six oil rigs this week, continuing a recent trend of increases, even after U.S. crude oil prices plunged 25 percent from a recent high in June, data showed on Friday.

U.S. oil drillers add rigs despite crude prices collapse - Baker Hughes

Aug 7 (Reuters) - U.S. energy firms added 6 oil rigs this week, continuing a recent trend of increases, even after U.S. crude oil prices plunged 25 percent from a recent high in June, data showed on Friday.

UPDATE 1-U.S. adds Russian oil field to sanctions list

WASHINGTON, Aug 7 (Reuters) - The United States has added a Russian oil and gas field, the Yuzhno-Kirinskoye Field, to its list of energy sector sanctions prompted by Moscow's actions in Ukraine, drawing a prompt rebuke from the Kremlin on Friday.

UPDATE 1-Head of crude oil marketing at Nigeria's NNPC re-assigned

ABUJA, Aug 7 (Reuters) - The head of crude oil marketing, Gbenga Olu Komolafe, at the Nigerian National Petroleum Corp (NNPC) was re-assigned on Friday as the new group manager of special duties, a statement from NNPC said.

Adding Gazprom oilfield to sanctions list damages U.S.-Russia relations -Kremlin

MOSCOW, Aug 7 (Reuters) - A U.S.

U.S. adds Russian oil field to sanctions list

WASHINGTON, Aug 7 (Reuters) - The United States has added a Russian oil and gas field, the Yuzhno-Kirinskoye Field, to its list of energy industry sector sanctions prompted by Moscow's actions in Ukraine.

Struggles to cut cost delay oil play production in Argentina: At the Wellhead

Charles Newbery digs into challenges facing the biggest shale play in Argentina, which could rival the prolific production of US plays if properly tapped.

Base metals come to terms with China’s ‘new normal’ in July

In July, base metals faced two dominant headwinds in the form of the Greek debt crisis and the China stock market crash that saw metals test fresh multi-year lows on the LME.

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