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Japan Feb average LNG spot price falls to $6.50/mmBtu

TOKYO, March 9 (Reuters) - Liquefied natural gas (LNG) spot prices for delivery to Japan, the world's biggest buyer, in February fell to its lowest since the trade ministry started publishing figures two years ago, official data showed on Tuesday. The average price for cargoes contracted in Feb. was $6.50 per million British thermal units (mmBtu), down 60 cents from the previous month, and marking the lowest in data going back to March 2014, the trade ministry said.

CORRECTED-China's debut Westinghouse reactor delayed until June 2017 - exec

BEIJING, March 9 (Reuters) - The world's first Westinghouse AP1000 nuclear reactor will go into operation in June next year, more than three years behind the original schedule, the head of China's leading state nuclear project developer said.

Australia shares edge higher, NZ stocks hits news record high

SYDNEY/WELLINGTON, March 9 (Reuters) - Australian shares edged higher on Wednesday, a day after posting their first loss in seven sessions, as traders shrugged off pressure from a drop on Wall Street and weaker oil prices.

UPDATE 2-Oil prices dip on stronger dollar, demand concerns

* Oil may have bottomed, but full recovery not seen before 2017 (Adds Wood Mackenzie comment, updates prices)

RPT-COLUMN-Where has the oil gone? Missing barrels and market rebalancing: Kemp

LONDON, March 8 (Reuters) - Global oil production exceeded consumption by just over 1 billion barrels in 2014/15, according to the International Energy Agency (IEA).

Amazon tribe in Peru frees hostages after negotiations

LIMA, March 8 (Reuters) - An indigenous village in the Peruvian Amazon freed public officials it had been holding hostage to press for help after a ruptured pipeline spilled 1,000 barrels of crude on its lands, the state-owned energy company Petroperu said.

Shell selects Deep Down to supply mooring line system

Deep Down, Inc. (Deep Down), an oilfield services company specializing in deepwater and ultra-deepwater oil production distribution system support services, announced it has received an order from Shell for an umbilical and distribution system to support a production platform mooring line control system.

Statoil awards contract to Palfinger Dreggen

Statoil has awarded PALFINGER DREGGEN the contract for complete rebuilding and upgrading of six BOP cranes for the Gullfaks field.

Amec Foster to support development of Sonatrach’s refineries in Algeria

Amec Foster Wheeler has received a contract from Algerian energy company Sonatrach to support the development three new refineries located in Biskra, Tiaret and Hassi Messaoud in Algeria.

KBR-SOCAR joint venture to support $1bn Baku oil refinery upgrade project

KBR and State Oil Company of Azerbaijan (SOCAR) joint venture has received a project management consultancy (PMC) contract for modernization of the Heydar Aliyev Baku oil refinery in Azerbaijan.

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