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COLUMN-Global freight is sluggish and downside risks have increased: Kemp

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.

UPDATE 2-U.S., Canada agree methane emissions cut to fight climate change

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.

Congo activists urge government to pass new mining code

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.

Indian reforms aim to unlock $40 bln of oil and gas output

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.

Algeria in talks with China over iron mining project

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.

Shrinking oil reserves crimp Iraqi Kurdistan's allure

* Kurdistan region already facing political, security turmoil

New Islamic State leader in Libya says group "stronger every day"

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.

U.S., Canada agree methane emissions cut to fight climate change

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.

Russia's Novatek to launch 1st Yamal LNG train with no additional financing

MOSCOW, March 10 (Reuters) - Russia's Novatek plans to launch its first train with 5.5 million tonnes of annual LNG capacity in Yamal in 2017, and this will require no additional financing, Stanislav Shevkunov, a department head at Novatek, told reporters on Thursday.

UPDATE 1-Strike at Nigeria state oil firm suspended after talks - NNPC

LAGOS, March 10 (Reuters) - A strike at Nigeria's state oil producer has been suspended after talks between trade unions and the company's head, who is also the minister of state for petroleum, the Nigerian National Petroleum Corp (NNPC) and union leaders said on Thursday.

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