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National Oilwell slashes dividend by 89 pct amid oil slump

April 11 (Reuters) - National Oilwell Varco Inc said on Monday it would cut its quarterly dividend by 89 percent as the company struggles to cope with a prolonged slump in oil prices.

UPDATE 1-Iran says Russia delivers first part of S-300 defence system

DUBAI, April 11 (Reuters) - Russia has delivered the first part of an advanced missile defence system to Iran, Iranian media reported on Monday, starting to equip Tehran with technology that was blocked before it signed a deal with world powers on its nuclear programme.

UPDATE 1-Tokyo Gas, Kansai Electric in LNG procurement partnership

TOKYO, April 11 (Reuters) - Japan's biggest city gas supplier Tokyo Gas and second-biggest power utility Kansai Electric Power Co said on Monday they will partner up on liquefied natural gas (LNG) purchases and share technology for gas-fired power plants.

UPDATE 1-G7 foreign ministers oppose provocation in East and South China Seas

HIROSHIMA, April 11 (Reuters) - Foreign ministers from the Group of Seven (G7) advanced economies said they strongly opposed provocation in the East and South China Seas, where China is locked in territorial disputes with nations including the Philippines, Vietnam and Japan.

Iran says Russia delivers first part of S-300 air defence system

DUBAI, April 11 (Reuters) - Russia has sent the first part of its S-300 air defence missile system to Iran, Iranian foreign ministry spokesman Hossein Jaber Ansari was quoted as saying by Tasnim news agency on Monday.

UPDATE 5-Oil dips after analysts pour cold water on output freeze prospects

* Goldman, Barclays say Doha oil meeting will have little impact

BP bonus backlash intensifies as investor adviser urges rejection

LONDON, April 11 (Reuters) - BP faces further opposition to its pay at its annual meeting on Thursday after British shareholder advisory group ShareSoc recommended its members vote against the oil major's remuneration report.

US shale oil firms feel credit squeeze as banks grow cautious

April 11 (Reuters) - Nearly two years into an epic oil rout, U.S.

U.S. biodiesel and renewable diesel imports increase 61% in 2015

(Mon, 11 Apr 2016) After reaching its highest level to date in 2013, U.S. imports of biomass-based diesel fuel (both biodiesel and renewable diesel) fell in 2014 amid uncertainty surrounding future Renewable Fuel Standard (RFS) targets and the elimination of the biodiesel blender's tax credit. As higher targets for biomass-based diesel were finalized in 2015, U.S. imports of biodiesel and renewable diesel increased by 61% in 2015 to reach 538 million gallons.

Japan March average spot LNG arrival price falls to $6.80/mmBtu

TOKYO, April 11 (Reuters) - The average price for liquefied natural gas LNG spot cargoes arriving in Japan in March fell by 10 cents from February to $6.80 per million British thermal units (mmBtu), the lowest since the trade ministry started publishing figures two years ago, official data showed.

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