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Iran missile tests did not violate Iran nuclear deal: White House

WASHINGTON, March 8 (Reuters) - Iran's recent ballistic missile tests did not violate the nuclear agreement with Tehran, the White House said on Tuesday, adding that it would review the launch to determine the appropriate response.

Uranium miners cautious on new output, despite forecast shortfall

TORONTO, March 8 (Reuters) - Several of the world's biggest uranium producers say they are taking a cautious approach to building new mines, preferring to shave expenses and wait for higher prices despite forecasts for a supply shortfall by the end of the decade.

UPDATE 1-EIA sees U.S. 2016 natgas production, consumption at record highs

March 8 (Reuters) - U.S. natural gas production in 2016 was expected to reach a record high of 79.68 billion cubic feet per day, down a shade from the 79.69 bcfd forecast last month, the U.S. Energy Information Administration said on Tuesday

UPDATE 1-U.S. 2017 crude oil output to fall by 480,000 bpd -EIA

NEW YORK, March 8 (Reuters) - The U.S. government said on Tuesday that U.S. crude oil production next year is forecast to fall by more than double what it predicted just a month ago, the latest sign that a 19-month price rout is taking a deeper toll on drillers.

Nigerian president approves state oil firm overhaul -minister

LAGOS, March 8 (Reuters) - Nigeria's president has approved a restructuring of the state oil company, Minister of State for Petroleum Emmanuel Ibe Kachikwu told reporters on Tuesday.

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).

Nigeria wants to end refined petroleum imports within 18 months

ABUJA, March 8 (Reuters) - Nigeria, Africa's top oil producer, wants to remove the need for imported petroleum products within 18 months, Minister of State for Petroleum Emmanuel Ibe Kachikwu said on Tuesday.

UPDATE 1-South Africa to start shale gas exploration in next year

CAPE TOWN, March 8 (Reuters) - South Africa will give the green light in the next 12 months to companies looking to explore for shale gas under the semi-arid Karoo basin, the government said on Tuesday, more than six years after firms such as Shell applied for licences.

UPDATE 3-Chevron plans to slash budget to save cash for dividend

NEW YORK March 8 (Reuters) - Oil and gas major Chevron Corp will slash its capital budget by as much as 36 percent in 2017 and 2018, a cash-saving bid to preserve its 90-year-old dividend as it copes with crude prices near 10-year lows.

REFILE-UPDATE 1-Odebrecht, OAS ex-CEOs mull collaborating in Brazil probe -paper

BRASILIA, March 8 (Reuters) - The former chief executives of major Brazilian builders Odebrecht SA and OAS Empreendimentos SA could strike plea bargain deals with prosecutors in the Petrobras probe, newspaper O Globo reported on Tuesday.

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