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Speculators boost U.S. natural gas net shorts for 3rd week -CFTC

March 4 (Reuters) - U.S.

Excelerate Energy reduces size of its LNG trading desk

LONDON/MILAN, March 4 (Reuters) - U.S. gas shipping company Excelerate Energy has laid off six staff on its global liquefied natural gas (LNG) trading desk as part of a reorganisation, a spokeswoman at the company said on Friday.

Brazil's Rousseff dismayed at police questioning of Lula

BRASILIA, March 4 (Reuters) - Brazil's President Dilma Rousseff expressed her total disagreement with the police questioning of her political mentor and predecessor, former President Luiz Inacio Lula da Silva, on Friday, calling it unnecessary after his voluntary testimony.

Arrest of Lula, hero to millions, in corruption probe stuns Brazil

RIO DE JANEIRO, March 4 (Reuters) - Rising from a shoeshine boy to become Brazil's first working class president, Luiz Inácio Lula da Silva is a hero to millions of Brazilians and the very face of change in Latin America's biggest country.

BELECTRIC Begins Production of Energy Storage for Grid Frequency Response in Germany

U.K.-based BELECTRIC said on March 1 that it has begun volume production of its energy buffer unit (EBU) energy storage system for use in frequency regulation projects in the German transmission network this year.

Lula says police questioning shows disrespect for Brazil democracy

SAO PAULO, March 4 (Reuters) - Former Brazilian President Luiz Inacio Lula da Silva said on Friday a police operation searching his home and bringing him in for questioning showed disrespect for democracy, creating a media circus instead of a serious investigation.

UPDATE 1-U.S. oil drillers cut rigs for 11th week in a row -Baker Hughes

(Adds total rig and natural gas rig count) March 4 (Reuters) - U.S. energy firms this week cut oil rigs for an 11th week in a row to the lowest level since December 2009, data showed on Friday, as Exxon Mobil Corp and other producers slashed their drilling rig count to focus on uncompleted wells amid low oil prices. Drillers removed eight oil rigs in the week ended March 4, bringing the total rig count down to 392, oil services company Baker Hughes Inc said in its closely followed rep

U.S. oil drillers cut rigs for 11th week in a row -Baker Hughes

March 4 (Reuters) - U.S. energy firms this week cut oil rigs for an 11th week in a row to the lowest level since December 2009, data showed on Friday, as Exxon Mobil Corp and other producers slashed their drilling rig count to focus on uncompleted wells amid low oil prices. Drillers removed eight oil rigs in the week ended March 4, bringing the total rig count down to 392, oil services company Baker Hughes Inc said in its closely followed report.

U.S. bankruptcy court weighs 'white-hot' energy pipeline dispute

WILMINGTON, Del, March 4 (Reuters) - Small U.S. oil-and-gas producer Quicksilver Resources Inc began making its case in court on Friday for using its bankruptcy to reject a pipeline contract, a move that trade groups warned could undermine the $500 billion midstream industry.

Brazil faces rocky road ahead even if Rousseff ousted, investors say

NEW YORK/LONDON, March 4 (Reuters) - The arrest of former Brazilian president Luiz Inacio Lula da Silva fueled a massive market rally but once the euphoria fades, investors will still face concerns about political chaos and an economy mired in a deep recession.

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