Energy Update

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* Foreign minister says producers moving to "common
position"

SINGAPORE, Sept 1 (Reuters) - Oil prices rose in early Asian
trade on Thursday, rebounding on a weaker U.S. dollar after
falling around 3 percent or more in the previous session
following a surprisingly large build in U.S. crude and
distillate stocks last week.

LONDON, Sept 1 (Reuters) - The British government should
take a tougher stance against Volkswagen after its emissions
fraud, as well as increase the use of electric cars and reduce
air pollution from transport, a parliamentary environment
committee said on Thursday.

Lundin Petroleum announced that Statoil has provided an update in relation to the Johan Sverdrup project.

LAKE TAHOE, Nev., Aug 31 (Reuters) - U.S. President Barack
Obama said on Wednesday that preserving natural places would
help the world adapt to warming temperatures as he began a
10-day trip to stress the urgency of curbing climate change and
attend a G20 meeting in China.

RIO DE JANEIRO, Aug 31 (Reuters) - Brazilian oil company Petroleo Brasileiro SA said on Wednesday it will spend 10.5 million reais ($3.25 million) to buy marketing rights to the financially troubled Rio de Janeiro Paralympic Games.

BRASILIA, Aug 31 (Reuters) - Brazil's Senate ousted
President Dilma Rousseff on Wednesday, ending an impeachment
process that polarized Latin America's biggest country amid a
massive corruption scandal and brutal economic crisis.

Aug 31 (Reuters) - Facing a severe cash crunch, Tesla Motors
Inc plans to raise additional money this year to help
fund development and production of its new Model 3 sedan and
build out a massive battery factory, the company said on
Wednesday.

TORONTO, Aug 31 (Reuters) - Canada's main stock index fell
on Wednesday as lower oil and gold prices weighed on energy
companies and miners, while financial and other interest
rate-sensitive stocks slipped as investors considered the likely
path of U.S. interest rates.

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