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UPDATE 1-Iran can add 500,000 bpd oil supply in a year- IEA chief

BEIJING, March 30 (Reuters) - Iran is expected to add half a million barrels of oil supply a day within a year from its existing oilfields after the lifting of sanctions against Tehran in January, but developing new fields would take time, the head of the International Energy Agency said on Wednesday.

Shell says Dutch investigators visit Shell HQ in Nigeria oil probe

LONDON, March 30 (Reuters) - Royal Dutch Shell said on Wednesday Dutch investigators recently visited its headquarters in the Hague in the Netherlands in relation to an investigation into a Nigerian offshore oil field.

China's Shenhua in talks with CNNC, CGN on stakes in nuclear projects

BEIJING, March 30 (Reuters) - China's Shenhua Group is in talks with leading Chinese nuclear developers on taking stakes in domestic nuclear projects, as the country's biggest coal firm tries to diversify into cleaner forms of energy, Shenhua President Zhang Yuzhuo said on Wednesday.

EDF reaffirms Hinkley Point plans after report of engineer concerns

PARIS, March 30 (Reuters) - State-controlled French utility EDF reaffirmed its plans to complete its Hinkley Point nuclear reactor project in southern England by 2025 after a newspaper report said a group of its own engineers had doubts about the timetable.

Finland hopes for new growth from shrunken forest industry

LAPPEENRANTA, Finland, March 30 (Reuters) - It has created a modest 200 jobs in a Finnish forestry industry that has lost around 20,000 in the past decade, but UPM-Kymmene's new biofuels plant offers long-awaited growth and hope.

Bangladesh-China JV to construct $1.56 bln power plant in southern Bangladesh

DHAKA, March 30 (Reuters) - Bangladesh-China Power Company Limited (BCPCL) will invest $1.56 billion in a coal-fired plant near a proposed sea port south of Dhaka to produce 1,320 megawatts (MW) of electricity by 2019, the head of the joint venture (JV) said on Wednesday.

The long and short of ethane in the Northeast US

Uncertainty around the US ethane market has grown as new projects for domestic and export use all come online simultaneous with declining production and low prices.

EIA report shows decline in cost of U.S. oil and gas wells since 2012

(Wed, 30 Mar 2016) The profitability of oil and natural gas development activity depends on both the prices realized by producers and the cost and productivity of newly developed wells. Overall trends in well development costs are generally less transparent than price and productivity trends, which are readily observable in the markets or through analyses of well productivity trends such as EIA's monthly Drilling Productivity Report.

COLUMN-Yellen caution spells trouble for Australian miners: Russell

LAUNCESTON, Australia, March 30 (Reuters) - Janet Yellen has emerged as another problem for commodity producers, particularly those in Australia, as her caution over interest rates has effectively weakened the U.S. dollar.

UPDATE 1-Oil prices rebound on less than expected build in stocks

SINGAPORE, March 30 (Reuters) - Oil futures rebounded in Asian trade on Wednesday, buoyed by a forecast for a less than expected build in crude oil stockpiles last week.

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