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RPT-Dreaded 'stealth' supply becomes reality as US drillers turn on 'ducks'

HOUSTON/NEW YORK, March 21 (Reuters) - A dreaded scenario for U.S.

Pacific Exploration delays interest payment

March 21 (Reuters) - Canada's Pacific Exploration & Production Corp said it chose not to make an interest payment due March 28, as the company works with debtholders to restructure debt.

Statoil says to reduce staff at Algerian installations after militant attack

OSLO, March 21 (Reuters) - Norway's Statoil is reducing the number of staff at its installations in Algeria following an attack by Islamist militants on Friday at its In Salah plant, jointly operated with BP and state-owned firm Sonatrach, it said on Monday.<

UPDATE 1-Greece delays bid deadline for railway companies

ATHENS, March 21 (Reuters) - Greece delayed the deadline for the sales of its railway operator and its rail maintenance company to give potential investors longer to prepare offers, its privatisation agency said on Monday.

UPDATE 4-Oil prices fall as U.S. rigs rise, uncertainly over freeze lingers

* U.S.

BUZZ-UK miners: down as USD makes small comeback

** UK miners among top losers on FTSE 100 as USD stages a small rebound from near 5-mth lows

UPDATE 1-China's Saudi crude oil imports in Feb hit near record high

BEIJING, March 21 (Reuters) - China's monthly oil imports from Saudi Arabia hit their second highest level on record in February, while arrivals from Russia also surged, as weak crude prices prompted the world's top energy consumer to bring in record high volumes last month.

China's Feb Saudi oil imports rise 20.59 pct to near record -customs

BEIJING, March 21 (Reuters) - China's February crude oil imports from Saudi Arabia rose 20.59 percent from a year earlier to 5.48 million tonnes, or 1.38 million barrels per day (bpd), customs data showed on Monday.

China to look at free trade, rail deal with Nepal

BEIJING, March 21 (Reuters) - China agreed on Monday to consider building a railway into Nepal and to start a feasibility study for a free trade agreement with the impoverished, landlocked country, which has been trying to lessen its dependence on its big neighbour to the south, India.

In Canada, a battle brews over pipelines, power lines: Fuel for Thought

With the from Alberta-USGC crude export pipeline unlikely to be built, the opportunity is ideal for Canada's provinces to join hands and hasten efforts to open up oil export outlets.

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