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UPDATE 1-Oil prices edge up on rising confidence that market has bottomed

SINGAPORE, March 3 (Reuters) - Oil prices edged up on Thursday as sentiment spread that a 20-month long market rout may have come to an end as production slows amid strong demand.

Young rags-to-riches Australian coal baron Tinkler declared bankrupt

SYDNEY, March 3 (Reuters) - Rags-to-riches coal mining baron Nathan Tinkler, who rode the mining boom to become Australia's youngest billionaire before losing it all when coal prices collapsed, has been declared legally bankrupt after failing to pay off a private jet.

US oil prices steady on strong refinery runs, but swelling stockpiles weigh

SINGAPORE, March 3 (Reuters) - U.S. crude prices were steady early on Thursday supported by rising refining activity while swelling crude stocks weighed, but analysts said that a 20-month market rout had likely bottomed out.

Pampa Energia offers $1.2bn to acquire stake in Petrobras’ Argentina unit

Brazilian state-run oil company Petroleo Brasileiro (Petrobras) has reportedly received a $1.2bn offer from Argentina's Pampa Energia to sell its 67.2% stake sale in its Argentina subsidiary.

UPDATE 3-Vale/BHP's Samarco to pay $5 bln in damages for dam disaster

BRASILIA/RIO DE JANEIRO March 2 (Reuters) - Mining company Samarco and its owners, BHP Billiton and Vale SA , reached a deal with the Brazilian government on Wednesday to pay an estimated 20 billion reais ($5.1 billion) in damages over 15 years for a deadly dam spill in November.

SunEdison suspends quarterly dividends on preferred stock

March 2 (Reuters) - SunEdison Inc said on Wednesday it suspended payment of quarterly dividends on its preferred stock, two days after the embattled solar company delayed filing its annual report amid an internal investigation into its financial position.

UPDATE 1-Petrobras loses Brazil tax case that could cost $1.9 bln

SAO PAULO, March 2 (Reuters) - Brazil's state-run oil company, Petrobras, will have to pay 7.3 billion reais ($1.9 billion) in back taxes and fines, the country's tax authority, Carf, has decided.

UPDATE 2-Energy CEO McClendon dies in Oklahoma car crash, a day after indictment

OKLAHOMA CITY, March 2 (Reuters) - Aubrey McClendon, a brash risk-taker who led Chesapeake Energy Corp to become one of the world's biggest natural gas producers, died in a single-car crash on Wednesday one day after being charged with breaking federal antitrust laws, police said.

Siting a Wind Farm in the Most Challenging Place in the US

According to Jack Kenworthy, CEO of Eolian Renewable Energy, a project developer based in New Hampshire, the best wind projects are those that have died two times because then you know what’s wrong with them. The project he is currently working on is known as Antrim Wind Energy (AWE), a 28.8-MW wind farm on the Tuttle Hill ridge line in Antrim, NH in the United States.

UPDATE 2-Samarco to pay 24 bln reais in damages for dam disaster

BRASILIA/RIO DE JANEIRO March 2 (Reuters) - Mining company Samarco and its owners, BHP Billiton and Vale SA , reached a deal with the Brazilian government on Wednesday to pay an estimated 24 billion reais ($6.2 billion) in damages over 15 years for a deadly dam spill in November.

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