REUTERS - China’s Sinopec Corp has teamed with Zhejiang Energy Group Co Ltd on a 3 million tonne-per-year liquefied natural gas (LNG) terminal in east China, with the first phase set for operation at end-2021, the state oil giant said

WNN - Notable nuclear power sector achievements included the longest operating run for the Kaiga 1 pressurised heavy water reactor (PHWR), which has now achieved over 826 days of continuous operation taking it to third in the world, he said. Basu also highlighted the start of excavations and equipment ordering for two 700 MWe PHWRs at Gorakhpur; the signature in March 2018 with EDF of the Industrial Way Forward agreement for the establishment of six EPR units in Jaitapur; and the tripartite agreement between Bangladesh, India, and Russia for the establishment of Bangladesh's Rooppur nuclear power plant, for which India is also providing technical support.

FT - The German official welcomed an agreement reached earlier this month between the Caspian littoral states — Russia, Iran, Kazakhstan, Azerbaijan and Turkmenistan — on a legal framework for sharing the Caspian, the world’s largest inland body of water.

PLATTS - EGAT, Thailand's largest power producer, will import the gas at PTT's Map Ta Phut LNG receiving terminal where the utility has acquired access to 1.5 million mt/year of regasification capacity from PTT LNG for a 38-year period from 2019-2056.

REUTERS - Australian oil and gas firm Santos Ltd said on Wednesday it has agreed to buy privately held Quadrant Energy for at least $2.15 billion, bagging access to what may be the biggest oil find off Western Australia in over two decades.

OGJ - the ICC tribunal awarded ConocoPhillips $2.04 billion after PDVSA failed to uphold its contractual commitments. The award applies to contracts ConocoPhillips had with PDVSA and two of its subsidiaries in the Hamaca and Petrozuata heavy crude oil projects expropriated by the government and to fiscal changes enacted before the nationalizations in 2007.

REUTERS - Brent crude futures, a benchmark for international oil prices, were at $72.11 per barrel at 0803 GMT, up 28 cents. U.S. West Texas Intermediate (WTI) crude futures were up 3 cents at $65.94 per barrel.

МИНФИН РОССИИ - Средняя цена на нефть Urals за период мониторинга с 15 июля по 14 августа 2018 года составила $ 71,05341 за баррель, или $ 518,7 за тонну. Согласно расчетам Минфина России, экспортная пошлина на нефть в РФ с 1 сентября 2018 года понизится на $ 5,4 и составит $ 130 за тонну.

U.S. API - The American Petroleum Institute’s latest monthly statistical report shows the U.S. set a record for the production of natural gas liquids (NGL) last month producing 4.4 million barrels per day (mb/d). July also saw the U.S. tie its record for crude oil production at 10.7 mb/d.

SAUDI ARAMCO - 2017 highlights: Produced an average of 10.2 million barrels per day of crude oil including condensate Increased amount of natural gas supplied for fourth straight year, to an average of 8.7 billion standard cubic feet per day Crude oil exports averaged 6.9 million barrels per day