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UPDATE 2-Nigeria's state oil company denies it failed to remit $16 bln in 2014

ABUJA, March 16 (Reuters) - Nigeria's state oil company on Wednesday challenged official allegations that it had failed to remit 3.2 trillion naira ($16 billion) in revenues to the government in 2014 and said it only owed $1.64 billion.

Peabody short sellers paying 100 percent to borrow shares

SAN FRANCISCO, March 16 (Reuters) - The interest rate short sellers must pay to borrow shares of Peabody Energy has jumped to 100 percent after the largest U.S. coal producer said on Wednesday it may have to seek bankruptcy protection.

Russia says oil producers to discuss freeze on output, not exports in April

MOSCOW, March 16 (Reuters) - Russian Energy Minister Alexander Novak said on Wednesday that OPEC and non-OPEC nations would discuss a possible deal on an oil production freeze, but not one on exports at their meeting in Doha on April 17.

UPDATE 2-Brazil's Lula takes Cabinet post in bid to save Rousseff

BRASILIA/SAO PAULO, March 16 (Reuters) - Former Brazilian President Luiz Inacio Lula da Silva will take over as chief of staff for his successor Dilma Rousseff in a bid to save her from impeachment, raising the prospect of a shift away from austerity to revive a moribund economy.

UPDATE 3-Peabody shares plunge; coal producer raises bankruptcy risk

* Fails to pay $71.1 mln in interest, enters 30-day grace period

Europe agrees sanctions on Libyan leaders blocking unity government

BRUSSELS, March 16 (Reuters) - The European Union has agreed sanctions on three Libyan leaders who oppose a Western-backed unity government, clearing the way for travel bans and asset freezes to be imposed in the next few days, diplomats said.

Libyans from all sides unite in Benghazi humanitarian appeal

GENEVA, March 16 (Reuters) - In a rare show of Libyan unity, dozens of influential Libyans from Benghazi put aside their differences to appeal for help for their hometown, a centre of violence in the country's five-year-old conflict, on Wednesday.

CTG Continues Activity in Brazil’s Hydropower Market and Plans for More Development in South America

Wang Shaofeng, executive vice-president of China Three Gorges International Corp., a Beijing-based subsidiary of China Three Gorges Corp., reports the company will bid to build and operate the planned 8,000-MW Tapajos hydroelectric facility on the Tapajos River in Brazil.

EDF chief's gambit suggests will get backing for Hinkley Point

PARIS, March 16 (Reuters) - An apparent ultimatum from the chief executive of EDF suggests he is confident that the French government will provide the additional financial support he wants for a plan to build nuclear reactors in Britain.

Nigeria's state oil company denies claim it failed to remit $16 bln in 2014

LAGOS, March 16 (Reuters) - Nigeria's state oil company on Wednesday said a report by the auditor-general which made allegations that it had failed to remit 3.2 trillion naira ($16 billion) in revenues to the government in 2014 were wrong.

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