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It's complicated: The US, Venezuela, and China's crude oil relationship

The US, China and Venezuela are part of a shifting "love triangle" centered on crude imports and exports. Could the US rekindle its relationship with the Latin America country, once the largest source of US oil imports?

Protesters gather in Seattle to block access to Shell oil rig

SEATTLE, May 18 (Reuters) - About 200 protesters gathered at the Port of Seattle on Monday to block access to a Royal Dutch Shell drilling rig headed for the Arctic this summer to resume exploration for oil and gas reserves.

UPDATE 1-Civilians killed and raped in latest S.Sudan violence - U.N.

* Rebels claim gains against government forces (Recasts with quotes from U.N.

Oil groups ask court to temporarily block U.S. fracking rules

WASHINGTON, May 18 (Reuters) - Two oil and gas groups have asked a federal court to block the implementation new U.S. rules for hydraulic fracturing on public lands until their lawsuit challenging the regulations is resolved.

One in seven people still live without electricity - World Bank - TRFN

BARCELONA, May 18 (Thomson Reuters Foundation) - Around one in seven people across the globe still live without electricity, despite some progress in expanding access, and nearly three billion cook using polluting fuels, the World Bank said on Monday.

Saudi Arabian Airlines fined $1.6 million for breaking EU aviation law

* EU requires airlines to pay for carbon emissions within the bloc

UPDATE 2-BP agrees to cut spending on Iraq's Rumaila field after oil price drop

* BP agrees with Iraq to cut development budget on field by $1 bln

UPDATE 8-Oil down as firmer dollar, bearish outlook offset Mideast turmoil

* Dollar beats oil back from early gains made on Mideast turmoil

Rolls-Royce to cut 600 jobs in marine unit as low oil price bites

LONDON, May 18 (Reuters) - British engineering group Rolls-Royce said it would cut 600 jobs in its Norwegian-focused marine business in response to the lower oil price, a move it said would have a "broadly neutral" impact on 2015 profits.

UPDATE 1-Goldman cuts crude outlook and oil company forecasts

* Downgrades oil sector outlook to 'cautious' from 'neutral' (Recasts, adds detail, comment)

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