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Petrofac's full-year profit falls, hurt by oil prices

Feb 24 (Reuters) - British oilfield services company Petrofac Ltd said net profit for the year, before accounting for a loss from its Shetland Islands project, fell by nearly a quarter, as its customers held back on spending due to the slump in oil prices.

CERAWEEK-World's oil bosses eyeing more pain try to look past 2016

HOUSTON, Feb 24 (Reuters) - The world's top oil executives gathered in Houston this week seem to agree on one thing: this year is set to be so horrible that many skip right to 2017 and beyond to talk about hopes for market rebalancing that so far has eluded the battered industry.

Pemex's balance sheet calls out for investors in oil, gas and power sectors

Mexico's state oil company is hoping that an infusion of capital from private equity firms and other foreign investors will help it stave off a pressing liquidity crunch.

Rail continues to dominate coal shipments to the power sector

(Wed, 24 Feb 2016) U.S. electric power generators consumed 740 million tons of coal in 2015, fueling about one-third of total electric power generation and accounting for 92% of all coal consumed in the United States. Nearly 70% of all coal used by power plants to generate electricity was shipped either completely or in part by rail. The rest was transported by waterway, truck, or?for power plants located near a coal mine?by conveyor.

Asia's oil markets in upheaval as China, India change the game

* India overtakes Japan in oil imports, China goes for top spot

UPDATE 1-Oil prices fall as OPEC squabbles over output targets, crude stocks swell

* Saudi Arabia says coordinated output cut "not going to happen"

RPT-COLUMN-U.S. gasoline demand is critical to oil outlook in 2016: Kemp

LONDON, Feb 23 (Reuters) - U.S.

Oil prices fall as OPEC producers squabble over output targets

SINGAPORE, Feb 24 (Reuters) - Oil prices slid in early trading on Wednesday, extending sharp falls from the previous session after top exporter Saudi Arabia ruled out production cuts and industry data showed a further build in U.S. crude stockpiles.

China sends fighter jets to South China Sea island -U.S. sources

WASHINGTON, Feb 23 (Reuters) - China has sent fighter jets to a disputed island in the South China Sea, where it deployed surface-to-air missiles earlier this month, U.S. government sources said on Tuesday.

UPDATE 1-Brazil police accuse 7 of murder over Samarco dam burst

RIO DE JANEIRO, Feb 23 (Reuters) - Brazilian police in the state of Minas Gerais on Tuesday accused six Samarco executives and one contractor of murder in connection with the deaths of 19 people caused by a burst tailings dam at a mine in November.

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