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Rosneft to acquire additional stake in Petromonagas joint venture in Venezuela

Russian state oil company Rosneft has signed an agreement to acquire 23.3% stake in the Petromonagas crude-processing joint venture in Venezuela's Orinoco Belt region from country’s state oil firm Petroleos de Venezuela (PDVSA), for $500m.

Prezioso selected to provide maintenance services for Norwegian processing plants

Prezioso Linjebygg has received a NOK1.1bn ($128bn) contract from Statoil to provide insulation, scaffolding and surface treatment (ISO) maintenance services for the Sture and Kollnes processing facilities in Norway.

Average U.S. gas prices fell a nickel in two weeks - Lundberg

NEW YORK, Feb 21 (Reuters) - The average price of a gallon of gasoline in the United States fell 5 cents in the past two weeks to its lowest level in more than seven years, according to a survey released on Sunday.

Australia shares set for quiet start, NZ stocks subdued

SYDNEY, Feb 22 (Reuters) - Australian shares are set for a quiet start on Monday, tracking a flat session on Wall Street, but natural resources stocks could receive a boost from a rise in metal prices. Global miner BHP Billiton is expected to open around 1 percent higher after a gain in its U.S. ADRs. Local share price index futures, at 4,919, were unchanged from the close of the underlying S&P/ASX 200 index on Friday.

UPDATE 1-Missing radioactive material found dumped in south Iraq

BAGHDAD, Feb 21 (Reuters) - A "highly dangerous" radioactive material that went missing in Iraq has been found dumped near a petrol station in the southern town of Zubair, environment ministry spokesman Ameer Ali said on Sunday.

RPT-Saudi oil minister to face rival U.S. producers as price rout bites

HOUSTON, Feb 21 (Reuters) - This week, Saudi Oil Minister Ali Al-Naimi will for the first time face the victims of his decision to keep oil pumps flowing despite a global glut: U.S. shale oil producers struggling to survive the worst price crash in years.

INSIGHT-Iraq's Abadi keeps Iran at arm's length in war on Islamic State

* Abadi puts internal reconciliation, detente with Saudi on agenda

Moderates could gain influence over choice of next leader in Iran vote

* Moderates could still influence choice of next Supreme Leader

UPDATE 1-Niger starts voting in presidential election

NIAMEY, Feb 21 (Reuters) - Niger began voting in an election on Sunday in which President Mahamadou Issoufou is running for a second term with a promise to crush Islamist militants and develop the economy in one of the poorest countries in the world.

Niger starts voting in presidential election

NIAMEY, Feb 21 (Reuters) - Niger began voting in an election on Sunday in which President Mahamadou Issoufou is running for a second term with a promise to crush Islamist militants and develop the economy in one of the poorest countries in the world.

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