Energy Update

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LONDON, March 4 (Reuters) - Oil major BP said on Friday its chief executive Bob Dudley's total remuneration rose by 20 percent in 2015, despite the firm delivering one of the lowest profits in its history.

SAO PAULO, March 4 (Reuters) - Brazilian federal police said on Friday they were carrying out 33 search warrants and 11 detention warrants in the Operation Carwash anti-graft investigation, including two in Sao Bernardo do Campo, the hometown of ex-President Luiz Inacio Lula da Silva.

SAO PAULO, March 4 (Reuters) - Federal police went to the home of former President Luiz Inacio Lula da Silva on Friday after a warrant was issued to bring him in for questioning in the latest round of the Operation Carwash anti-graft investigation, local media said.

PHILADELPHIA/KHOBAR, Saudi Arabia, March 4(Reuters) - A dramatic drop in oil prices is translating into a mixed bag for motorists across the globe - from hefty savings at the pump in the United States to a rare fuel price hike in Venezuela.

ROME, March 4 (Reuters) - Two Italian civilians held hostage in Libya since last July have been freed, a source close to the matter said on Friday, a day after two other captives were reported to have been killed in the north African state.

VIENNA, March 4 (Reuters) - Net profit at Austrian plastics and fertiliser maker Borealis jumped 73 percent to 988 million euros ($1.1 billion) in 2015, boosted by better margins and the start-up of its Borouge 3 plant in Abu Dhabi.

* HTF attempts to find one on its own for past 6 months - source

LONDON, March 4 (Reuters) - Britain's FTSE 350 Mining index climbed to a four-month high on Friday, with a rally in prices of major industrial metals boosting shares in companies such as Glencore, Anglo American and BHP Billiton.

VIENNA, March 4 (Reuters) - Austrian energy group OMV said on Friday that the head of its supervisory board, Peter Oswald, will resign on May 18.

SEOUL, March 4 (Reuters) - An increase in the number of coal-fired power plants starting operations this year will likely drive record coal demand in South Korea, despite the country's pledge to curb greenhouse gas emissions at last year's Paris climate summit.

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