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UPDATE 1-Italgas promises higher dividends on its return to stock market

MILAN, Nov 7 (Reuters) - Italy's biggest gas distributor
Italgas pledged to pay higher dividends as it returned
to the Milan stock market on Monday after a 13-year absence.

UPDATE 5-Oil prices bounce as OPEC promises a cut is on the cards

* Market fundamentals remain weak, analysts say

(Updates throughout, changes dateline from SINGAPORE)

Palm oil's green body comes under fire from activists

KUALA LUMPUR, Nov 7 (Reuters) - Some activist groups are
withdrawing support for the palm oil body that provides
sustainability certificates for the industry, saying it is
biased towards producers and its complaints panel is flawed.

UPDATE 2-Saudi oil shipments to Egypt halted indefinitely, Egyptian officials say

CAIRO/ABU DHABI, Nov 7 (Reuters) - Saudi Arabia has informed
Egypt that shipments of oil products expected under a $23
billion aid deal would be halted indefinitely, suggesting a
deepening rift between the Arab world's richest country and its
most populous.

Qatar raises government salaries amid austerity grumbles

DOHA, Nov 7 (Reuters) - Qatar will raise the salaries of
government employees next year in a rare spending hike by a Gulf
state at a time when low oil and gas prices are weighing on
state finances.

UPDATE 1-Hiscox's gross written premiums rise despite rating pressure

Nov 7 (Reuters) - Lloyd's of London underwriter Hiscox Ltd
said its gross written premiums for the first nine
months jumped more than 14 percent in local currency, driven by
strong performance across all its businesses.

UPDATE 1-UAE's ADNOC cuts Murban crude premiums for Q1 2017

* Murban Q1 2017 premiums at 17-19 cts/bbl vs 20 cts in H2
2016

Ireland's Mainstream Renewable to build $2.2 bln of wind farms in Vietnam

HANOI, Nov 7 (Reuters) - Irish wind and solar firm
Mainstream Renewable Power on Monday said it had agreed to build
and operate wind projects in Vietnam worth a total of over $2.2
billion, as the country looks for new energy sources to meet
soaring demand.

US ‘near miss’ offshore safety program a ‘near success’ – Fuel for Thought

An ambitious effort to collect “near miss” data from US offshore drillers has stalled, but regulators are working to get the program back in gear.

U.S. crude oil production in 2015 was the highest since 1972

(Mon, 07 Nov 2016) U.S. field production of crude oil increased in 2015 for the seventh consecutive year, reaching 9.42 million barrels per day (b/d). This was the highest crude oil production level since 1972, based on final production numbers in EIA’s <em>Petroleum Supply Annual</em>.

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