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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.

WRAPUP 1-Houthis, Saudis discuss ending Yemen war, sources say

CAIRO/DUBAI, March 8 (Reuters) - Iran-allied Houthis and their Saudi foes have begun talks to try to end Yemen's war, two officials said, in what appears their most serious bid to close a theatre of Saudi-Iranian rivalry deepening political tumult across the Middle East.

Vivint Cancels $1.9 Billion Buyout Offer from SunEdison

SunEdison Inc., the world’s biggest renewable-energy developer, surged after Vivint Solar Inc. canceled a $1.9 billion buyout, saying its suitor failed to meet obligations to complete the deal.

Midstream energy industry braces for key bankruptcy court ruling

WILMINGTON, Del, March 8 (Reuters) - The $500 billion midstream sector is bracing on Tuesday for a ruling from a U.S. bankruptcy judge that could determine if energy producers can use Chapter 11 to shed contracts with pipeline operators for transporting oil and natural gas.

RPT-UPDATE 1-EU defers decision on safety of weedkiller ingredient

BRUSSELS, March 8 (Reuters) - The European Union on Tuesday put off a decision on whether to extend approval for weedkiller ingredient glyphosate, used in herbicides including Monsanto's Roundup, after a dispute between EU and U.N.

Brazil's Marcelo Odebrecht gets 19-yr sentence in corruption scandal

SAO PAULO, March 8 (Reuters) - Marcelo Odebrecht, former chief executive of Latin America's largest engineering and construction conglomerate Odebrecht SA, received a 19-year sentence from federal court on convictions for bribery, money laundering and organized crime related to Brazil's massive corruption scandal, a court statement said on Tuesday.

U.S. may raise Iran missile tests at Security Council -official

WASHINGTON, March 8 (Reuters) - The United States is closely following reports that Iran has conducted ballistic missile tests and if they are confirmed will seek an "appropriate response" at the U.N. Security Council, a U.S.

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