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UPDATE 1-Iran sets terms for cooperating with OPEC to stabilise oil market

DUBAI, Aug 26 (Reuters) - Iran will help other oil producers
stabilise the world market so long as fellow OPEC members
recognise its right to regain lost market share, the country'
oil minister said on Friday in remarks made ahead of next
month's meeting of the oil exporters group.

UPDATE 2-Tourism boom lifts Air NZ profit but competition headwinds loom

* Air NZ sees this FY pre-tax profit at NZ$400-600 mln

(Adds executive and analyst comment, shares, details)

OPEC members' net oil export revenue in 2015 drops to lowest level since 2004

(Fri, 26 Aug 2016) Members of the Organization of the Petroleum Exporting Countries (OPEC) earned $404 billion in net oil export revenue in 2015, according to U.S. Energy Information Administration (EIA) estimates. These earnings represent a 46% decline from $753 billion earned in 2014.

UPDATE 5-Bolivia says deputy interior minister killed after kidnap by miners

* Bolivia says minister killed after kidnap by striking
miners

Oil prices dip as Saudi Arabia dampens prospects of output freeze

SINGAPORE, Aug 26 (Reuters) - Oil prices dipped in early
trading on Friday after the Saudi energy minister tempered
expectations of strong market intervention by producers during
talks next month.

RPT-Energy company problems expose cracks in Singapore bond market

SINGAPORE, Aug 25 (Reuters) - The collapse of an oil
services company and the deterioration in the finances of some
other energy firms have exposed structural cracks in the
Singapore dollar corporate bond market.

Technip, BTG Bioliquids sign agreement to build biomass-to-oil plants

French energy engineering company Technip has signed an agreement with Dutch company BTG BioLiquids (BTL) to design and build the pyrolysis plants for biomass-to-oil production.

Petrobras voluntary layoff program accepted by 6,100 employees - source

SAO PAULO, Aug 25 (Reuters) - A voluntary layoff program at
state-run oil company Petroleo Brasileiro SA has been
accepted by 6,100 employees, a source with direct knowledge of
the matter told Reuters.

UPDATE 3-U.S. Navy ship fires warning shots at Iranian vessel

WASHINGTON, Aug 25 (Reuters) - A U.S. Navy ship fired
warning shots toward an Iranian fast-attack craft that
approached two U.S. ships, a Pentagon spokesman said on
Thursday, in the most serious of a number of incidents in the
Gulf area this week.

UPDATE 1-LyondellBasell retains bank for potential Houston refinery sale -sources

NEW YORK/HOUSTON, Aug 25 (Reuters) - LyondellBasell
Industries NV has retained Bank of America Merrill Lynch
to help with the potential sale of its 263,776
barrel-per-day refinery in Houston, according to two people
familiar with the talks.

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