Energy Update

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ABUJA, March 3 (Reuters) - Some members of the Organization of Petroleum Exporting Countries plan to meet with other producers in Russia around March 20 for new talks on an oil output freeze, Nigeria's petroleum minister said on Thursday.

* High dividend yields a longstanding feature of Gulf markets

LAUNCESTON, Australia, March 3 (Reuters) - - Saudi Arabia's decision to raise oil prices to its main customers in Asia may just be another sign that crude markets are indeed on the road to recovery.

NEW YORK/HOUSTON, March 3 (Reuters) - Aubrey McClendon, an oil and gas entrepreneur whose outsized ambition and high tolerance for risk propelled him to become a leading figure in the American energy revolution, died in a single-car crash on Wednesday in Oklahoma City. He was 56.

VANCOUVER, March 3 (Reuters) - Strains over stalled Canadian oil pipeline projects look set to cloud tough talks on Thursday between Prime Minister Justin Trudeau and the country's 10 provinces on how to tackle global warming.

March 3 (Reuters) - Credit ratings agency Moody's Investors Service cut its ratings on BHP Billiton Plc to "A3" from "A1", citing a deterioration in the company's earnings and cash flow, and said the outlook on the ratings was negative.

BEIJING, March 3 (Reuters) - China plans to set up a market for renewable energy certificates to try to increase the use of cleaner energy as the world's largest greenhouse gas producer tries to reduce its reliance on coal.

March 3 (Reuters) - Mining equipment maker Joy Global Inc , which gets more than half of its revenue from coal miners, reported lower-than-expected quarterly net sales as customers continued to cut spending amid a slump in commodity prices.

LONDON, March 3 (Reuters) - Key members of the Organization of Petroleum Exporting Countries plan to meet with other producers in Russia on March 20 for new talks on an oil output freeze, Nigeria's petroleum minister said on Thursday, according to Bloomberg News.

March 3 (Reuters) - Credit ratings agency Moody's Investors Service cut its ratings on BHP Billiton Plc to "A3" from "A1", citing a deterioration in the company's earnings and cash flow.

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