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UPDATE 5-Oil choppy, dips on strong dollar, prospect of Iran exports

* Brent down over 10 pct so far in July, U.S.

UPDATE 1-China's State Grid to build Brazil's longest power line

SAO PAULO, July 17 (Reuters) - China's State Grid won a concession on Friday to build and operate the second power transmission line to connect the massive Belo Monte hydropower plant to the national Brazilian grid.

UPDATE 1-QUOTEBOX-Schlumberger CEO: pricing weak for rest of the year

July 17 (Reuters) - Schlumberger Ltd, the world's No.

Oklahoma broadens oil and gas drilling regulations to stem quakes

July 17 (Reuters) - Oklahoma is expanding restrictions on oil and gas drilling activities to stem a sharp increase in earthquakes that has worried residents, damaged homes and raised concerns about the future of the energy industry in the state.

QUOTEBOX-Schlumberger CEO expects weak pricing for the rest of the year

July 17 (Reuters) - Schlumberger Ltd, the world's No.

UPDATE 1-Schlumberger says evaluating Iran return after sanctions end

July 17 (Reuters) - Schlumberger NV, the world's No.1 oilfield services provider, said it would look at returning to Iran once the sanctions are lifted.

Schlumberger says to look at Iran return after sanctions lifted

July 17 (Reuters) - Schlumberger NV, the world's No.1 oilfield services provider, said it will look at operating in Iran once the sanctions are lifted.

Kerry: 'very, very hopeful' Iran will release detained Americans

WASHINGTON, July 17 (Reuters) - Secretary of State John Kerry said on Friday he raised the topic of detained Americans at every meeting he held with Iranians during the final weeks of nuclear negotiations and said he is hopeful Tehran would release them.

Congo's move to regulate oil sector seen opening door to graft

GOMA, Democratic Republic of Congo, July 17 (Reuters) - A new hydrocarbons law awaiting presidential approval in Democratic Republic of Congo imposes a much-needed structure on a haphazardly regulated oil sector but critics say its vague provisions open the door to corruption and secrecy.

Senior Iranian cleric challenges nuclear deal with world powers

* Friday prayers seen reflecting Supreme Leader Khamenei's views

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