Unipetrol AS is planning to return units hampered by extended shutdowns at its refining and petrochemical operations in the Czech Republic to full production rates by yearend. Source: News
ConocoPhillips posts $1.1-billion net loss in second quarter
Houston independent ConocoPhillips Co. reported a second-quarter net loss of $1.1 billion, down from a second-quarter 2015 net loss of $179 million. Source: News
BLM moves closer to 100% online filing for drilling permits
The US Bureau of Land Management is completing conversion of its oil and gas drilling permit application system to a fully online process and expects to complete the change by yearend, the US Department of the Interior agency reported. Source: News
Shell’s second-quarter, first-half earnings take dive
Royal Dutch Shell PLC reported second-quarter earnings on a current cost of supplies (CCS) basis, excluding identified items, of $1.05 billion, down from $3.76 billion in second-quarter 2015. First-half earnings on a CCS basis, also excluding identified items, totaled $2.6 billion, down from $7.5 billion in the same period last year. Source: News
Total’s second-quarter adjusted net income falls 30%
Total SA recorded second-quarter adjusted net income of $2.17 billion, down from $3.01 billion during second-quarter 2015. First-half net income was $3.81 billion, down from $5.69 billion in the year-ago period. Source: News
Suncor reports second-quarter net loss of $735 million (Can.)
Citing slumping crude-oil prices and the Alberta wildfires, Suncor Energy Inc., Calgary, reported a second-quarter net loss of $735 million (Can.) and an operating loss of $565 million. Source: News
Cyprus blocks attract six applications
Cyprus has received six applications for three offshore blocks on offer in its third licensing round. Source: News
More contracts let for Woodside-led Greater Enfield oil development
The Woodside Energy Ltd.-operated Greater Enfield oil project is gathering pace as more contracts and equipment orders were placed this week. Source: News
Shell makes Fort Sumter discovery in Gulf of Mexico
Royal Dutch Shell PLC encountered hydrocarbons after drilling its Fort Sumter prospect on Mississippi Canyon Block 566, about 73 miles offshore southeast of New Orleans in the deepwater Gulf of Mexico. Source: News
Rimrock expands holdings in SCOOP play
Rimrock Resources Partners LLC, Tulsa, has acquired about 24,500 net leasehold acres held by production and 3,100 net mineral acres in the Golden Trend part of the SCOOP play of Oklahoma for $150 million. It didn’t identify the seller. Source: News