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Q4 2015: The course of true love never did run smooth (for steelmakers)

Platts steel editors discuss the poor overall financial health of major metals producers in Q4 2015 and antidumping measures proposed by the US and issued by the EC.

S&P lowers Saudi Arabia's rating to 'A minus/A-2'

Feb 17 (Reuters) - Standard & Poor's cut its rating on the Kingdom of Saudi Arabia's long-term foreign and local currency sovereign credit to 'A minus/A-2' from 'A plus/A-1,' citing a fall in oil prices since the rating agency's last review of the country in October.

Magnitude 6.2 earthquake strikes off Indonesia -USGS

LONDON, Feb 17 (Reuters) - A 6.2 magnitude earthquake struck off Indonesia at 1726 GMT on Wednesday, the U.S.

WRAPUP 4-China sends missiles to contested South China Sea island - Taiwan, U.S. officials

* Satellite images show new missiles on Woody Island - Fox News

UPDATE 1-Oil market shows deep doubt over output freeze

* Market suggests investors expect long period of low prices (Updates to add Iran comment, price reaction, includes graphic)

UPDATE 2-Brazil expects $4.9 bln Samarco dam disaster deal by Friday

* Environmental agency awaits tougher Samarco action plan (Adds that Samarco may be able to restart mine this year, comment from Brazil Attorney General)

Gas company to be arraigned over Los Angeles area methane leak

Feb 17 (Reuters) - Southern California Gas Co is to be arraigned on criminal charges on Wednesday over a huge methane leak near a Los Angeles neighborhood that forced thousands of residents from their homes, officials said.

UAE says supports production freeze deal if supported by all OPEC and Russia

DUBAI, Feb 17 (Reuters) - United Arab Emirates' energy minister Suhail bin Mohammed al-Mazrouei said on Wednesday his country supports the Doha oil producers' freeze agreement if all OPEC members and Russia follow suit.

Statoil to Invest $200M in Renewables, Energy Storage by 2022

Statoil ASA, Norway’s biggest oil and gas producer, will invest as much as $200 million in renewable energy over four to seven years as part of Chief Executive Officer Eldar Saetre’s plan to diversify the company’s portfolio.

Boeing CEO sees no downturn in commercial airplane cycle

Feb 17 (Reuters) - Boeing Co's top executive reaffirmed on Wednesday the company's outlook for strong growth and cash flow over the next five years, dismissing concerns the aviation business cycle is on the cusp of a downturn and predicting profitability will rise.

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