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Energy XXI says may file for bankruptcy if oil prices stay low

CHICAGO, March 9 (Reuters) - U.S. oil and gas producer Energy XXI Ltd may seek Chapter 11 bankruptcy protection as soon as next week if oil prices remain low and it fails to refinance its debt, the company said in a regulatory filing.

Kerry says no pressing need for more US-Canada pipelines- CBC

OTTAWA, March 9 (Reuters) - The United States sees no urgent need for a new energy pipeline between Canada and the United States, U.S. Secretary of State John Kerry said on Wednesday, in a broadcast interview ahead of a visit to Washington by Prime Minister Justin Trudeau.

Oil majors pay Mexico oil regulator $80 mln for deep water data

MEXICO CITY, March 9 (Reuters) - Oil companies have paid Mexico's oil regulator nearly $80 million for seismic data ahead of an auction for deep water fields, suggesting robust interest in the tender despite a lasting slump in the price of crude.

U.S. says Kerry spoke with Iran's foreign minister on missile launches

WASHINGTON, March 9 (Reuters) - U.S.

Clinton: Iran should face sanctions for reported missile tests

WASHINGTON, March 9 (Reuters) - U.S.

UPDATE 1-Lyondell CEO Patel says Houston refinery may be sold in future

HOUSTON, March 9 (Reuters) - Lyondell Basell Industries Chief Executive Bob Patel said on Wednesday that the chemical company may sell off its 263,776 barrel per day (bpd) Houston refinery in "the longer term."

Hawaii Senate Passes Bill on Geothermal Resource Regulation

The Hawaii Senate this week passed a bill designed to ensure that regulations regarding development of geothermal resources are not subject to local restrictions.

White House aware of, reviewing Iranian missile launch -spokesman

WASHINGTON, March 9 (Reuters) - The White House is aware of and reviewing reports of an additional Iranian ballistic missile test, a spokesman said on Wednesday, adding that the administration will determine an appropriate response to the test.

UPDATE 1-Chesapeake mulls sale of assets in Oklahoma shale field - Bloomberg

March 9 (Reuters) - Chesapeake Energy Corp is considering selling some of its assets in Oklahoma's Stack shale field, Bloomberg reported.

UPDATE 1-LatAm oil producers to seek joint stance to boost prices

QUITO, March 9 (Reuters) - A meeting between Latin American oil producers on Friday will seek to unify the region in backing an output freeze or other measures to bolster prices ahead of a possible OPEC, non-OPEC meeting in Russia later this month, Ecuador's oil minister said.

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