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CORRECTED-UPDATE 3-Hanjin Shipping secures $45 mln, more may take "considerable time"

SEOUL/SYDNEY, Sept 13 (Reuters) - The chairman of Hanjin
Group transferred 40 billion won ($36 million) to Hanjin
Shipping on Tuesday to help unload cargo stranded on
the troubled shipper's vessels, a spokesman said, but regulators
warned securing further funds could take "considerable time".

Global upstream oil and gas spending to fall 24 pct in 2016 - IEA

LONDON, Sept 14 (Reuters) - Global upstream oil and gas
investments are expected to plummet 24 percent this year, with
little signs of improvement for 2017, the International Energy
Agency (IEA) said on Wednesday.

Honeywell UOP offers modular equipment to fuel wellhead equipment

Honeywell UOP announced that its modular natural gas processing equipment enables Virginia Indonesia Company (VICO) to use natural gas straight from the wellhead to power on-site equipment.

Statoil and Icelandic partners drill the world’s hottest geothermal well

Statoil and partners in The Iceland Deep Drilling Project has just started to drill a geothermal research well on Iceland. The goal is to explore if high temperature water can be extracted from deep reservoirs for power production.

Austin Exploration mobalizes drilling rig at Columbus #1 well in Australia

Austin Exploration announced the mobilization of the Math Energy Drill Rig to the Columbus #1 Well pad site, along with the extensive amount of necessary machinery and equipment, has been successfully completed.

Koch Industries' oil subsidiary ramps up Nebraska biodiesel plant

NEW YORK, Sept 13 (Reuters) - Flint Hills Resources is
bringing online the Nebraska biodiesel plant it bought out of
bankruptcy in 2011, marking the Koch Industries Inc subsidiary's
first commercial production of the renewable fuel made of
vegetable oil.

UPDATE 1-Libya's NOC to 'begin work immediately to restart exports' from seized ports

TUNIS, Sept 13 (Reuters) - Libya's National Oil Corporation
(NOC) said on Tuesday it would immediately start working to
resume crude exports from ports seized in recent days by forces
loyal to eastern commander Khalifa Haftar.

RPT-UPDATE 3-Hanjin Shipping secures $45 mln, more may take "considerable time"

SEOUL/SYDNEY, Sept 13 (Reuters) - The chairman of Hanjin
Group transferred 40 billion won ($36 million) to Hanjin
Shipping on Tuesday to help unload cargo stranded on
the troubled shipper's vessels, a spokesman said, but regulators
warned securing further funds could take "considerable time".

UPDATE 2-Nigeria's Arik Air temporarily suspends operations

ABUJA, Sept 13 (Reuters) - Arik Air, Nigeria's largest
airline, cancelled all flights on Tuesday in what it called a
temporary disruption related to insurance renewal.

Government confident it can find new panel for TransCanada Energy East pipeline

Sept 13 (Reuters) - Canada's Liberal government on Tuesday
expressed confidence it could appoint new panel members to
assess TransCanada Corp's Energy East pipeline, even
though industry observers say it might be hard to find qualified
candidates.

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