EXXONMOBIL - Exxon Mobil Corporation announced estimated second quarter 2018 earnings of $4 billion, or $0.92 per share assuming dilution, compared with $3.4 billion a year earlier. Cash flow from operations and asset sales was $8.1 billion, including proceeds associated with asset sales of $307 million. During the quarter, the corporation distributed $3.5 billion in dividends to shareholders. Capital and exploration expenditures were $6.6 billion, up 69 percent from the prior year, reflecting key investments in Brazil, the U.S. Permian Basin and Indonesia.

CHEVRON - Chevron Corporation (NYSE: CVX) reported earnings of $3.4 billion ($1.78 per share – diluted) for second quarter 2018, compared with $1.5 billion ($0.77 per share – diluted) in the second quarter of 2017. Included in the current quarter was a receivable write-down of $270 million charged to operating expense. Foreign currency effects increased earnings in the 2018 second quarter by $265 million, compared with an increase of $3 million a year earlier.

ENI - Group results Adjusted operating profit: €2.56 billion, up by 152% on a quarterly basis; €4.94 billion in the first half (up by 73% vs. first half of 2017). Adjusted net profit: €0.77 billion, up by 66% q-o-q; €1.74 billion, up by 45% in the first half of 2018. Net profit: €1.25 billion in the second quarter (€2.20 billion in the first half).

WEATHERFORD - Weatherford’s non-GAAP net loss for the second quarter of 2018, which excludes unusual charges and credits, was $156 million, or $0.16, diluted loss per share. This compares to a $188 million non-GAAP net loss in the prior quarter, or $0.19 diluted loss per share, and a $282 million non-GAAP net loss for the second quarter of 2017, or $0.28 diluted loss per share.

REUTERS - Brent futures were down 5 cents at $74.49 a barrel by 0319 GMT, after gaining 0.8 percent on Thursday. They are heading for a near 2 percent gain this week, the first weekly increase in four. U.S. West Texas Intermediate futures were 5 cents lower, at $69.56, after rising nearly 0.5 percent in the previous session. The contract is heading for a 1.3 percent weekly loss, a fourth week of declines.

EIA - Capital expenditures for these 46 companies totaled almost $19 billion in the first quarter of 2018, a year-over-year increase of nearly $2 billion (10%). Most of these companies have announced that they expect to increase full-year 2018 capital expenditures from 2017 levels.

PLATTS - China's crude oil imports from the US for July have fallen sharply from June, and are expected to drop even further for August, vessel tracking data showed, as Beijing's tariffs on US crude imports get closer to implementation.

SHELL - the main numbers for this quarter: $4.7 billion earnings on a current cost of supplies basis excluding identified items. $9.5 billion cash flow from operations $9.5 billion free cash flow and all of this at an oil price of $74 per barrel. Return on average capital employed reached 6.5%. Since the beginning of the year we reduced net debt by some $4 billion and gearing was 23.6% at the end of the second quarter. This performance builds upon the strong results delivered in 2017.

CONOCOPHILLIPS - ConocoPhillips (NYSE: COP) reported second-quarter 2018 earnings of $1.6 billion, or $1.39 per share, compared with a second-quarter 2017 loss of $3.4 billion, or ($2.78) per share. Excluding special items, second-quarter 2018 adjusted earnings were $1.3 billion, or $1.09 per share, compared with second-quarter 2017 adjusted earnings of $0.2 billion, or $0.14 per share. Special items for the current quarter were primarily driven by an unrealized gain on Cenovus Energy equity and recognition of deferred licensing revenue, partially offset by pension settlement expense.

NOV VARCO - National Oilwell Varco, Inc. (NYSE: NOV) reported second quarter 2018 net income of $24 million, or $0.06 per diluted share. Revenues for the second quarter were $2.11 billion, an increase of 17 percent compared to the first quarter of 2018 and an increase of 20 percent from the second quarter of 2017. Operating profit for the second quarter of 2018 was $52 million, or 2.5 percent of sales, and Adjusted EBITDA (operating profit excluding depreciation, amortization, and other items) was $226 million, or 10.7 percent of sales.

REUTERS - Brent crude was up 54 cents, or 0.7 percent, at $73.98 a barrel by 0318 GMT. The global benchmark settled 38 cents higher at $73.44 a barrel on Tuesday, after climbing to as high as $74. U.S. West Texas Intermediate rose 24 cents, or 0.4 percent, to $68.76, having settled the previous session up 63 cents, or nearly 1 percent.

PLATTS - "Our own budget is based on a price of $63/b. Today we see that prices are around $75/b, I think that prices will be at around this level -- $75, or a maximum of $80/b," Sechin said when asked about his expectations for price levels by the end of 2018.

МИНЭНЕРГО РОССИИ - Стороны обсудили ход реализации Дорожной карты российско-иранского сотрудничества в энергетической сфере, возможность участия российских нефтегазовых компаний в ряде добычных проектов на территории Ирана, взаимодействие в части совместных инфраструктурных газовых проектов, а также сотрудничество в многосторонних форматах – по линии ОПЕК и ФСЭГ.

SHANA - A non-disclosure agreement was signed last year between Iran's OIEC and Russia's Gazprom Neft for the development of the Azar and Changuleh oil fields. The agreement was endorsed by the National Iranian Oil Company (NIOC).

REUTERS - Turkey has told American officials it opposes U.S. sanctions on Iran and is not obliged to implement them, Foreign Minister Mevlut Cavusoglu said on Tuesday.