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UPDATE 2-At least six people killed in random Michigan shootings

* Public safety dept urges vigilance (Adds details, local media saying suspect apprehended)

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.

Several people shot, killed in random Michigan shootings - reports

Feb 20 (Reuters) - As many as six people were reportedly shot and killed in Michigan on Saturday night in a series of apparently random shootings, according to media reports.

Venezuelan diesel price to stay put after gasoline hike -president

CARACAS, Feb 20 (Reuters) - Venezuela's government, which sharply hiked gasoline prices on Friday, will not increase the price of diesel because that could feed into higher food and bus fares, President Nicolas Maduro said on Saturday.

Rosneft signs agreement with PDVSA to produce gas in Venezuela

MOSCOW, Feb 20 (Reuters) - Russia's top oil producer Rosneft and Venezuela's state oil company PDVSA signed an agreement to set up a joint venture to develop natural gas in the South American country, Rosneft said on Saturday.

Iran says it seeks to increase oil production by 700,000 bpd - Shana news agency

DUBAI, Feb 20 (Reuters) - Iran aims to increase its oil production by 700,000 barrels per day in the near future, the deputy oil minister said on Saturday.

Repsol makes major natural gas discovery in Bolivia -govt and co

LA PAZ, Feb 19 (Reuters) - Repsol SA discovered 4 trillion cubic feet (tcf) of possible natural gas reserves in Bolivia that it will start tapping in 2019, the government and company said Friday - a finding that could boost the Andean country's reserves by 40 percent.

UPDATE 1-Sete Brasil plans bankruptcy in week if no Petrobras lease proposal -sources

SAO PAULO, Feb 19 (Reuters) - Sete Brasil Participações SA plans to file for bankruptcy protection if state-controlled oil producer Petróleo Brasileiro SA, the rig builder's sole client, fails to present a final lease contract proposal in a week's time, three sources with direct knowledge of the matter said on Friday.

UPDATE 2-Pennsylvania family fails in court to save sugar maples from pipeline

SCRANTON, Pa., Feb 19 (Reuters) - A federal judge ruled on Friday that a Pennsylvania family that runs a maple syrup business cannot stop most of their trees from being cut down to make way for a shale gas pipeline, but he stopped short of charging them with contempt of court.

UPDATE 2-Venezuela sending new proposals to OPEC, non-OPEC producers

CARACAS, Feb 19 (Reuters) - Venezuela is sending new proposals to leaders of OPEC and non-OPEC countries to stabilize the oil market, President Nicolas Maduro said in a televised broadcast on Friday afternoon, without providing details.

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