Energy Update

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NEW YORK/RIO DE JANEIRO, March 21 (Reuters) - Brazil's state-controlled oil company Petrobras posted its biggest-ever quarterly loss on Monday after booking a large writedown for oil fields and other assets as oil prices slumped and refinery projects faltered.

Energy majors BP and Statoil of Norway have planned to relocate some employees from their Algeria gas plants after terrorists attacked on one of the plants.

Technology, engineering and project management company Neste Jacobs and Industrija nafte (INA) have signed an agreement for Neste Jacobs to perform a comprehensive energy efficiency study of INA’s Rijeka oil refinery in Croatia.

MELBOURNE, March 22 (Reuters) - Australian coal and oil producer New Hope Corp reported a 56 percent slide in first-half core profit, hurt by its oil business, but said there are signs the Asian thermal coal market has stabilised.

ABUJA, March 21 (Reuters) - Nigeria's Senate president said on Monday that the country's parliament would start debating next week an amended Petroleum Industry Bill (PIB), a much-delayed plan to overhaul the vital energy sector hit by graft and mismanagement.

CALGARY, Alberta, March 21 (Reuters) - Canadian junior oil and gas producer Terra Energy Corp said it shut down production, ceased operations and announced the resignation of directors and officers on Monday, after its lender, Canadian Western Bank, demanded full repayment of its debt.

CALGARY, Alberta, March 21 (Reuters) - The Alberta Energy Regulator said on Monday it is implementing additional requirements at Canadian Natural Resources Ltd's Primrose oil sands project after concluding excessive steaming caused a 6,648-barrel bitumen emulsion leak in 2013.

HOUSTON, March 21 (Reuters) - The refinery in Aruba plans to start hiring workers in April to repair and upgrade the 235,000-barrel-per-day plant, while its proposed new operator, Citgo Petroleum, continues talks with the government to sign a contract to lease the idled facility, sources close to the deal told Reuters.

* Says 300-million-barrel overhang is market's only problem (Adds quotes, context, byline)

CALGARY, Alberta, March 21 (Reuters) - The Alberta Energy Regulator said on Monday it is implementing additional requirements at Canadian Natural Resources Ltd's Primrose oil sands project after concluding excessive steaming caused a 6,648 barrel bitumen seep in 2013.

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