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Natural gas expected to surpass coal in mix of fuel used for U.S. power generation in 2016

(Wed, 16 Mar 2016) For decades, coal has been the dominant energy source for generating electricity in the United States. EIA's Short-Term Energy Outlook is now forecasting that 2016 will be the first year that natural gas-fired generation exceeds coal generation in the United States on an annual basis.

Short-Term Outlook for Hydrocarbon Gas Liquids

(Wed, 16 Mar 2016) U.S. liquid fuels production increased from 7.43 million barrels per day (b/d) in 2008 to 13.75 million b/d in 2015. However, the Short-Term Energy Outlook (STEO) expects liquid fuels production to decline to 12.99 million b/d in 2017, mainly as a result of prolonged low oil prices.

Bondholder group aims to block Chinese miner Hidili's debt plan

UPDATE 1-Oil rises as U.S. producers struggle; inventories may weigh

* Analysts warn that recent speculative price rise was overblown (Adds comments, bullet points, updates prices)

Australia shares edge higher, NZ shares fall for first time in 12 sessions

SYDNEY/WELLINGTON, March 16 (Reuters) - Australian shares edged higher on Wednesday, rebounding slightly from their biggest one-day loss in three weeks in the previous session, drawing support from stronger financial stocks and despite weakness in resources.

Oil prices rise as U.S. producers struggle, focus shifts to inventory

SINGAPORE, March 16 (Reuters) - Oil prices rose early on Wednesday after falling in the previous session, with U.S. producers showing increasing signs of financial distress and as focus shifted to U.S. inventory data due later in the day.

UPDATE 1-Senator's plea drags Brazil ethanol industry into graft scandal

SAO PAULO, March 15 (Reuters) - The testimony released on Tuesday of a prominent Brazilian senator is leading prosecutors in the widening corruption scandal beyond the graft-ridden oil and electric sector that have been their main focus and into the ethanol industry.

UPDATE 1-BTG Pactual stock extends decline as plea bargain implicates bank

SAO PAULO, March 15 (Reuters) - Stock in Grupo BTG Pactual SA, the Brazilian investment bank struggling with fallout from a sweeping corruption probe, fell on Tuesday as the country's top court validated a plea bargain from a senator who implicated the bank and its founder André Esteves.

RPT-India's Adani gets Queensland backing for Australian coal project

SYDNEY, March 15 (Reuters) - Parliament in the Australian state of Queensland agreed on Tuesday that India's Adani Enterprises Ltd should be granted "all state government approvals" to build one of the world's biggest coal mines, state mining minister Anthony Lynham said.

Senator's plea drags Brazil ethanol industry into graft scandal

SAO PAULO, March 15 (Reuters) - The testimony released on Tuesday of a prominent Brazilian senator is leading prosecutors in the widening corruption scandal beyond the graft-ridden oil and electric sector that have been their main focus and into the ethanol industry.

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