Energy Update

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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.

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.

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.

SINGAPORE, March 10 (Reuters) - Producers have been locking in recent gains across the crude futures price structure, selling forward contracts and potentially undermining further recovery because they do not trust a jump in front-month oil since January.

ANKARA, March 10 (Reuters) - Iranian Foreign Minister Mohammad Javad Zarif and his U.S.

ASTANA, March 10 (Reuters) - Kazakhstan indicated on Thursday it had no plan to freeze oil output, as suggested by a group of major producers, and would instead ramp up production to its original target of 77 million tonnes per year if the oil price stayed above $40 a barrel.

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March 10 (Reuters) - British oil and gas services company Amec Foster Wheeler Plc said it would sell its Global Power Group unit as it exits some of its non-core assets and halve its net debt in the next 15 months.

March 10 (Reuters) - British oil and gas services company Amec Foster Wheeler Plc said it would sell its Global Power Group unit as it exits some of its non-core assets and halve its net debt in the next 15 months.

LONDON, March 9 (Reuters) - Commodity traders and academic economists agree there is a close relationship between stock levels and the strip of futures prices.

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