ROSNEFT - 2Q 2018 net income attributable to Rosneft shareholders jumped by 2.8 times QoQ and reached RUB 228 bln (USD 3.6 bln) on the back of operating income growth, FX impact and one-off gain from recognizing net income from the share acquisition in upstream JV with a foreign partner and recognition of fair value of previously held interest in JV.

ROSNEFT - In line with strategic initiatives announced by Rosneft on April 25, 2018, the Board of Directors of Rosneft Oil Company approved the terms and launch of the open market share buyback program, which would also cover the holders of depositary receipts, in the amount of up to US$2bn (the "Program").

PETROBRAS - Petrobras reported net income of R$ 17 billion in the first half of 2018. The positive result was mainly influenced by the increase in international oil prices, associated with the depreciation of the Brazilian Real against the US dollar. In the same period, net debt fell 13% compared to December 2017, to US$ 73.66 billion.

BAKER HUGHES A GE - The worldwide rig count for July 2018 was 2,251, up 99 from the 2,152 counted in June 2018, and up 141 from the 2,110 counted in July 2017.

REUTERS - Brent crude oil futures were up 31 cents on the day at $73.52 a barrel by 0903 GMT, while U.S. futures rose 35 cents to $68.84 barrel.

МИНФИН РОССИИ - Ожидаемый объем дополнительных нефтегазовых доходов федерального бюджета, связанный с превышением фактически сложившейся цены на нефть над базовым уровнем, прогнозируется в августе 2018 года в размере +388,3 млрд руб.

API - “China’s retaliation will hit America’s energy industry particularly hard,” said API Vice President for Regulatory and Economic Policy Kyle Isakower. “American natural gas and oil companies already hit by U.S. tariffs on industrial products and specialty steel essential to our industry will now be faced with Chinese tariffs on critical U.S. exports, impacting American jobs that rely directly and indirectly on the energy industry.

PLATTS - China rattled investors in the US LNG export sector when it said Friday it may impose 25% tariffs on American cargoes if President Donald Trump follows through on his threat to escalate the trade dispute with Beijing that he initiated.

SHANA - The CEO of Pars Oil and Gas Company (POGC) said Iran's natural gas production from the supergiant South Pars Gas Field will increase by 100 million cubic meters by the end of the current calendar year to Mach 2019.

U.S. BEA - The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $46.3 billion in June, up $3.2 billion from $43.2 billion in May, revised.