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Shippers say expansion would solve Colonial Pipeline glut

HOUSTON, March 9 (Reuters) - Colonial Pipeline said it has come up with multiple ways to manage its glutted system while trying to be fair to shippers, but a fuel executive for the top U.S. airline said expanding the largest domestic refined products pipeline system would solve the problems.

Lula could join Brazilian government if he wants, minister says

SAO PAULO, March 9 (Reuters) - Former President Luiz Inácio Lula da Silva could join Brazil's government if he wishes, the minister in charge of legislative affairs, Ricardo Berzoini, said on Wednesday, a move that would give him some protection from prosecution.

CANADA STOCKS-TSX rise led by energy, financial stocks as oil rallies

TORONTO, March 9 (Reuters) - Canada's benchmark stock index rose on Wednesday, led by energy stocks as crude oil prices rallied and as financial stocks gained after the Bank of Canada chose to hold interest rates steady.

Brazil prosecutors methods questioned after Lula detained

BRASILIA, March 9 (Reuters) - An investigation into a massive corruption scheme centered on Brazilian state oil company Petrobras enjoys overwhelming public support but concern is growing that prosecutors may be over-reaching as they pursue politicians and executives.

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."

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