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REFILE-UPDATE 1-Wintershall to save costs to battle oil price fall

KASSEL, Germany, April 7 (Reuters) - BASF's Wintershall oil and gas subsidiary plans to cut costs and trim investments in response to sharp oil price falls that forced it to lower its sales and earnings forecasts for 2016.

Iran says determined to regain oil market share- Tasnim news agency

ANKARA, April 7 (Reuters) - Iran's foreign minister said on Thursday that Tehran was determined to regain its share of the oil market after sanctions imposed on the country were lifted under a deal reached with six major powers, the semi-official Tasnim news agency reported.

RPT-Mega deals morph into mega problems for Wall Street

* Political uncertainty, antitrust hurdles deterring big deals

Shell's top Brent trader leaving company - sources

LONDON, April 7 (Reuters) - The head of European oil trading at oil major Royal Dutch Shell, Stany Schrans, will leave the company later this year, two industry sources told Reuters.

Nigerian MPs submit budget to president, blame delay on government

ABUJA, April 7 (Reuters) - Nigeria's parliament on Wednesday submitted the long overdue 2016 budget bill to President Muhammadu Buhari for additional checks at his request, with lawmakers blaming delays on the government for its "sloppy" work on the bill.

South Sudan's opposition leader Machar to return to Juba on April 18

JUBA, April 7 (Reuters) - South Sudan's opposition leader Riek Machar said on Thursday he would return to the capital Juba on April 18, the first time since conflict broke out in December 2013 between forces loyal to President Salva Kiir and rebels allied with Machar.

Bangladesh suspends work on power plant after demonstrators killed

DHAKA, April 7 (Reuters) - A Bangladeshi company has suspended work on a planned Chinese-backed coal-fired power plant after four demonstrators opposing its construction were killed earlier this week, a senior company official said on Thursday.

Russia's ForMin: Russia, Iran, Azerbaijan to take part in Doha oil meeting

BAKU, April 7 (Reuters) - Energy ministers from Russia, Iran and Azerbaijan will attend talks in Doha on April 17 on a deal to freeze oil output, Russian Foreign Minister Sergei Lavrov said on Thursday.

Revised Indonesia budget may push deficit up to 2.5 pct of GDP -Finance Minister

JAKARTA, April 7 (Reuters) - A revision of Indonesia's budget for 2016 that is currently being drafted could push the deficit up to 2.5 percent of gross domestic product (GDP) from 2.1 percent earlier, the finance minister said on Thursday.

EU watchdog expands oversight of energy market trading

OSLO/LONDON, April 7 (Reuters) - The European Union started on Thursday to amass information about all so-called over-the-counter trades in the region's energy markets in a bid to crack down on suspected price manipulation.

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