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Rouhani allies win all 30 Tehran parliament seats-final result

DUBAI, Feb 29 (Reuters) - Allies of President Hassan Rouhani have won all 30 seats for the capital Tehran in Iran's parliamentary elections, final results announced on Monday showed.

UPDATE 1-Malaysia's Petronas says may need to borrow after $704 mln Q4 loss

* Q4 net loss 2.96 bln rgt vs 7.3 bln rgt loss in year-ago period

OPEC boxes itself into a corner: Fuel for Thought

Heavyweight oil producer group OPEC stepped into the ring with young upstart US shale back in November 2014 and delivered its best shot.

Iran reformists cheer election gains, hardliners play down shift

DUBAI, Feb 29 (Reuters) - Iran's President Hassan Rouhani and his allies won big gains in elections that could deepen the country's engagement with the world after his government ended years of sanctions by agreeing to curb its nuclear programme.

Malaysia's Petronas posts $704 mln Q4 net loss, confirms spending cuts

KUALA LUMPUR, Feb 29 (Reuters) - Malaysia's Petroliam Nasional Bhd, or Petronas, reported a fourth-quarter net loss on Monday and announced spending cuts for the next few years, as the state oil company braces for a prolonged period of low oil prices.

UPDATE 2-Underwriter Hiscox's FY pretax profit falls 6.5 pct

* To return 32 pence/shr, including 16 pence special dividend

Debt swaps become a tough sell for cash-strapped US energy firms

NEW YORK, Feb 29 (Reuters) - Highly-leveraged U.S.

UPDATE 1-Genel to take about $1 bln impairment on Iraqi Kurdistan field

Feb 29 (Reuters) - Genel Energy Plc said it expected to book about $1 billion in impairment to the 2015 value of its Taq Taq oilfield in Iraqi Kurdistan, citing reduced estimate for recoverable reserves there and falling oil prices.

JKX cautions on $41 mln in potential Ukrainian liabilities

Feb 29 (Reuters) - JKX Oil & Gas Plc set out potential liabilities of $41 million from Ukrainian cases as its new board tries to restore investor confidence with more disclosures.

Genel to take about $1 bln impairment on Iraqi Kurdistan field

Feb 29 (Reuters) - Oil producer Genel Energy Plc said it expected to book about $1 billion in impairment to the 2015 value of its Taq Taq oilfield in Iraqi Kurdistan, citing reduced recoverable reserves at the field and falling oil prices.

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