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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.

Mediators urge South Sudan to let opposition figure join talks

ADDIS ABABA, Aug 7 (Reuters) - Mediators in South Sudan's troubled peace talks urged the government on Friday to let a prominent opposition figure join the negotiations, after police in the capital Juba blocked him from travelling.

COLUMN-U.S. shale drillers struggle amid slumping prices: Kemp

LONDON, Aug 7 (Reuters) - North America's shale drillers are struggling with the renewed slump in oil prices, despite cutting costs, boosting output, and in some cases employing hedging to improve realised prices.

WRAPUP 3-Improving U.S. jobs market bolsters case for Fed rate hike

WASHINGTON, Aug 7 (Reuters) - U.S.

UPDATE 1-Berlin airport faces more delays after Imtech's German insolvency

* Task force to assess impact on planned 2017 opening (Adds quote on opening of airport, German prosecutors' investigation)

U.S. Senator Baldwin announces support for Iran nuclear deal

WASHINGTON, Aug 7 (Reuters) - U.S.

WRAPUP 2-Steadily improving U.S. jobs market supportive of Fed rate hike

WASHINGTON, Aug 7 (Reuters) - U.S. employment rose at a solid clip in July and wages rebounded after a surprise stall in the prior month, signs of an improving economy that could open the door wider to a Federal Reserve interest rate hike in September.

Shell eyes new Brazilian assets ahead of BG deal

LONDON, Aug 7 (Reuters) - Royal Dutch Shell is considering investing billions in Brazil, set to become a focal point after the planned acquisition of BG Group, even as it prepares to sell huge chunks of its business to pay for the $70 bln deal.

Italian-Thai to develop $500 mln LNG terminal in Myanmar's Dawei

BANGKOK, Aug 7 (Reuters) - Thailand's leading construction firm Italian-Thai Development PCL said on Friday it was in talks with Myanmar authorities to build a $500 million liquefied natural gas (LNG) import terminal at Dawei industrial zone in southern Myanmar.

RPT-'Frack now, pay later,' top services companies say amid oil crash

HOUSTON, Aug 7 (Reuters) - Business is so tough for oilfield giants Schlumberger NV and Halliburton Co that they have come up with a new sales pitch for crude producers halting work in the worst downturn in years.

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