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UPDATE 2-Rio, shifting focus, replaces veteran Walsh with copper boss

* Copper, coal head Jean-Sébastien Jacques to replace Walsh (Recasts; adds comments, details)

China to push Myanmar's new government on stalled dam

BEIJING, March 17 (Reuters) - China signalled on Thursday that it will push Myanmar's new government to resume a controversial stalled dam project in the Southeast Asian country, saying the contract was still valid.

UPDATE 1-China says opposes unilateral sanctions on North Korea

BEIJING, March 17 (Reuters) - China expressed its opposition on Thursday to unilateral sanctions against North Korea saying they could raise tension, after the United States imposed new curbs on the isolated country in retaliation for its nuclear and rocket tests.

Li Ka-shing's CK Hutchison says 2015 profit at HK$31.17 bln

HONG KONG, March 17 (Reuters) - CK Hutchison Holdings , the ports-to-telecoms arm of Asia's richest man Li Ka-shing, said on Thursday it clocked a net profit of HK$31.17 billion ($4.02 billion) for 2015, a year in which it grappled with weak euro growth and in which sluggish oil prices weighed on its energy business.

REFILE-Glencore, partners in Australian port face heavy cost of boom era bet

MELBOURNE, March 17 (Reuters) - Glencore and five other miners backing the world's most expensive coal port in Australia face extra annual charges of A$150 million after the restructuring of one of their partners this month, the latest to buckle under slumping commodity prices.

Turkish prosecutor prepares case against Dogan, Isbank - reports

ANKARA, March 17 (Reuters) - An Istanbul prosecutor has submitted an indictment accusing the founder of Dogan Holding and chairman of Isbank of involvement in a fuel-smuggling ring, several newspapers close to the government said on Thursday.

China says opposes any unilateral sanctions against North Korea

BEIJING, March 17 (Reuters) - China opposes any unilateral sanctions on North Korea, the Foreign Ministry said, after the United States imposed sweeping new curbs on the isolated country in retaliation for its nuclear and rocket tests.

UPDATE 1-Italy's Snam eyeing spin-off of Italgas unit

MILAN, March 17 (Reuters) - Italian gas transport group Snam is considering spinning off its Italgas domestic distribution unit as it pushes ahead with plans to focus on its core transportation business and expand in Europe.

India's ONGC eyes tie-up with foreign service providers to boost output

MUMBAI, March 17 (Reuters) - State-run Oil and Natural Gas Corporation Ltd, India's biggest explorer, plans to enter into partnerships with overseas oilfield service providers to boost output from ageing oil and gas fields, its chairman said.

High production, low prices mean little change in natural gas storage capacity

(Thu, 17 Mar 2016) High levels of natural gas production and relatively low natural gas prices are affecting markets for seasonal natural gas storage, including the value of additional storage capacity. For the second year in a row, no new natural gas storage facilities were added, and the slight changes, both positive and negative, at existing storage fields caused national storage capacity to remain essentially flat for the year.

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