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UPDATE 1-Occidental Petroleum sees 2016 production at high-end of forecast

Aug 3 (Reuters) - Occidental Petroleum Corp said it
expects to grow 2016 production at the high end of its forecast
of a 4-6 percent increase, while staying within its budget of $3
billion, helped by productivity and efficiency gains.

Pakistan shares close lower; rupee stronger, o/n rates up

Aug 3 - Pakistan stocks edged lower on Wednesday as the
market continued to see consolidation from the last session,
dealers said.

UPDATE 4-Oil edges up to $42 after slide, but glut still weighs

* API says U.S. crude inventories fell; EIA report due

(Updates prices)

Occidental Petroleum reports quarterly loss on oil price slide

Aug 3 (Reuters) - Occidental Petroleum Corp reported
a quarterly loss, compared with a year-ago profit, hurt by lower
oil prices.

Noble Energy reports bigger loss, raises 2016 sales vol forecast

Aug 3 (Reuters) - U.S. oil and gas producer Noble Energy Inc
reported a bigger quarterly loss due to weak oil prices,
but raised its full-year forecast for sales volume.

UPDATE 1-U.S. refiner HollyFrontier's adjusted profit misses estimates

Aug 3 (Reuters) - U.S. refiner HollyFrontier Corp
reported a lower-than-expected quarterly adjusted profit, hurt
by weak refining margins.

U.S. refiner HollyFrontier reports second-quarter loss

Aug 3 (Reuters) - U.S. refiner HollyFrontier Corp
reported a quarterly loss, compared with a year-earlier profit,
as it took a $654.1 million impairment charge amid weak refining
margins.

UPDATE 2-Idemitsu family, in fight with management, buys Showa Shell shares to block acquisition

* Founding family bought 0.1 pct stake in Showa Shell
-lawyer

Apollo consortium frontfrunner for Anglo's $1.5 bln Australian coal assets -sources

LONDON, Aug 3 (Reuters) - A consortium led by private equity
firm Apollo Global Management has emerged as the
frontrunner for Anglo American's metallurgical coal
mines in Australia, valued at up to $1.5 billion, two sources
familiar with the matter told Reuters.

With JV, Sabic makes bold move for North American petchem markets

Leave it to ExxonMobil Chemical and Sabic to do it big.

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