WorldOil Halliburton resolves investigations into Angola, Iraq operations violations Halliburton Company has announced the resolution of the previously disclosed investigations regarding the Company's operations in Angola and Iraq. Cenovus Energy reports strong second quarter, planned divestitures Cenovus Energy Inc. has reported a strong second quarter that reflected 45 days of results from the assets recently acquired from ConocoPhillips. Petronas to hand over Blocks 01, 02 in Vietnam's Cuu Long basin Petronas' subsidiary PC Vietnam Limited (PCVL) will hand over Blocks 01 and 02, located at the Cuu Long basin, offshore Vietnam, to the host authority once the Production Sharing Contract (PSC) for the blocks expires on Sept. 9, 2017. API welcomes Senate support for U.S. offshore energy development API welcomed a letter sent by 36 U.S. Senators to Interior Secretary Zinke in support of the safe and environmentally responsible development of U.S. offshore energy resources, as the administration begins developing a new five-year offshore oil and natural gas leasing program. Statoil profit returns to pre-crash level after drastic cuts Statoil ASA lifted profit back to the highest level since oil prices started collapsing three years ago as the Norwegian company reaped the benefits of drastic cost cuts. If Petronas can't beat U.S. LNG suppliers, it may join them Malaysia’s Petroliam Nasional Bhd has pulled the plug on its $27-billion plan to ship liquefied natural gas from Canada’s west coast to Asia, losing out to U.S. suppliers who got to market first. Well, if it can’t beat them, it may still join them. Kuwait joins Saudis, UAE in promising more OPEC oil cuts Kuwait joined the United Arab Emirates in promising to pump less oil after Saudi Arabia called on fellow OPEC producers to cut more supply to help curb the global glut. Nigeria army says Boko Haram attack on oil workers killed 10 Suspected Boko Haram militants ambushed an exploration team working for the Nigerian National Petroleum Corp., killing 10 people, the Nigerian army said. ConocoPhillips reports second-quarter loss of $3.4 billion ConocoPhillips reported a second-quarter 2017 loss of $3.4 billion, or $2.78 per share, compared with a second-quarter 2016 loss of $1.1 billion, or $0.86 per share. Oil near eight-week high with U.S. stockpiles at six-month low Oil traded near an eight-week high above $48/bbl after U.S. crude stockpiles shrank to the lowest level since the start of the year. Total ready to make acquisitions as financial strength grows Total plans to make acquisitions and pursue growth, shrugging off uncertainties about oil prices as its financial position strengthens.