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BUZZ-Weir: hit by JP Morgan TP cut

** Weir falls c.2.7 pct before paring most of the losses & top loser on FTSE-350 Industrial Engineering Index after JP Morgan Cazenove terms H1 oil & gas margin as disappointing

BUZZ-Dragon Oil: ENOC raises buyout offer again

** Dragon Oil up c.9 pct to high of 799p & on track for largest one-day move in over 3.5 yrs after the oil producer's majority shareholder raises buyout offer to 800p/shr and declared offer unconditional

UPDATE 1-Oil hits multi-month lows on record OPEC output, weak China data

* Iran says to raise output by 500,000 bpd once sanctions lifted

Why prompting production on the US Atlantic Coast is so slow: Regulation and Environment

When it comes to pursuing new offshore oil and natural gas production, the Atlantic Coast is proving to be a tough target.

Coal, nuclear, and renewables expected to boost Vietnam's electricity capacity

(Mon, 03 Aug 2015) Vietnam is poised to significantly transform its electrical power generation mix over the next two decades as it modernizes the country's agrarian economy to become a more industrialized nation. To accommodate greater industrial expansion and to support energy security goals, Vietnam is significantly increasing its total electricity generating capacity.

Oil hit multi-month lows on record OPEC output

* Iran says to raise output by 500,000 bpd once sanctions lifted

UPDATE 4-Obama to unveil tougher climate change plan

(Adds industry comments) By Valerie Volcovici WASHINGTON, Aug 2 (Reuters) - President Barack Obama will unveil on Monday the final version of his plan to tackle greenhouse gases from coal-fired power plants, kicking off what is expected to be a tumultuous legal battle between federal environmental regulators and coal industry supporters.

Indonesia's Donggi-Senoro LNG project ships first cargo

TOKYO, Aug 3 (Reuters) - Indonesia's Donggi-Senoro liquefied natural gas (LNG) project shipped its first LNG cargo on Sunday, the project's biggest shareholder Mitsubishi Corp said.

European regulators ask Halliburton for more merger information-company

NEW YORK, Aug 2 (Reuters) - Oilfield services provider Halliburton Co announced in a statement on Sunday it had received a request from the European Commission for additional information about its proposed $35 billion merger with rival Baker Hughes Inc.

CORRECTED-UPDATE 10-Oil drops for 5th week; US crude in biggest monthly fall since 2008

* Bank of America says Brent may be lower than WTI by spring 2016

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