Energy Update

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DUBAI/LONDON, March 10 (Reuters) - A meeting between oil producers to discuss a global pact on freezing production is unlikely to take place in Russia on March 20, sources familiar with the matter say, as OPEC member Iran is yet to say whether it would participate in such a deal.

LONDON, March 10 (Reuters) - Global distillate markets remain heavily oversupplied but the glut will not clear unless the world economy avoids recession and there is a renewed acceleration in freight demand.

WASHINGTON, March 10 (Reuters) - The United States and Canada have agreed joint steps to fight climate change, including cutting methane emissions from the oil and gas industry and signing the Paris climate deal "as soon as feasible," the White House said on Thursday.

KINSHASA, March 10 (Reuters) - Activist groups in Democratic Republic of Congo urged the government on Thursday to revive plans for a new mining code, saying the higher revenues it would generate were vital to supporting a young democracy.

NEW DELHI/MUMBAI, March 10 (Reuters) - India said on Thursday it hoped to unlock gas and oil resources worth almost $40 billion by simplifying licensing rules and offering price incentives to recover gas from difficult offshore fields.

ALGIERS, March 10 (Reuters) - Algeria is in talks with China to exploit one of the North African country's largest mining deposits as the OPEC member tries to diversify its economy away from oil and gas, an industry and mines ministry official said on Thursday.

* Kurdistan region already facing political, security turmoil

TRIPOLI, March 10 (Reuters) - A senior Islamic State militant has said in an interview identifying him as the new leader of the jihadists' Libyan offshoot that the extremist organisation is getting "stronger every day" in the north African country.

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