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UPDATE 1-Canada's British Columbia projects budget surplus, take aim at housing

VICTORIA, British Columbia, Feb 16 (Reuters) - British Columbia on Tuesday projected a budget surplus of C$264 million in fiscal 2016-17, the province's fourth consecutive balanced budget under the ruling Liberals, and unveiled measures to boost affordability in Vancouver's hot housing market.

Oil leak at Kuwaiti oil field dig, no gas leak recorded- agency

DUBAI, Feb 17 (Reuters) - Workers are trying to fix a leak at a site where an oil well is being dug in northern Kuwait, state news agency KUNA reported early on Wednesday.

Nabors Industries posts smaller quarterly loss

Feb 16 (Reuters) - Contract driller Nabors Industries Ltd posted a smaller quarterly loss compared with a year earlier, when it had taken a $1.01 billion impairment charge.

UPDATE 1-Hedge funds piled into SunEdison ahead of share plunge

NEW YORK, Feb 16 (Reuters) - Top U.S. hedge fund management firms, including Visium Asset Management and Sand Grove Capital Management, took stakes in renewable energy company SunEdison Inc during the fourth quarter.

Berkshire boosts oil bet with Kinder Morgan stake

Feb 16 (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Tuesday disclosed a new investment in pipeline operator Kinder Morgan Inc, boosting its bet on the oil industry as prices hover near lows not seen in more than a decade.

Oklahoma calls for more disposal wells to shut after quake

OKLAHOMA CITY, Feb 16 (Reuters) - Oklahoma's oil and gas regulator released a wide-ranging plan on Tuesday to scale back use of wastewater injection wells in western Oklahoma, just days after a 5.1 magnitude quake rocked the state.

UPDATE 1-EU short of 118 billion euros in nuclear decommissioning funds - draft

* Nuclear lobby says nuclear needed to cut carbon emissions (Adds detail from draft, Commission no comment)

UPDATE 11-Oil loses nearly 4 pct as hopes over Saudi, Russia deal fade

* Saudi, Russia, Qatar and Venezuela may freeze, not cut, output

EU car industry seeks climate friendly driving, not more targets

* Environmental campaigners say 'integrated approach' not enough

Saudi Arabia took part in weekend air strikes against Islamic State - Pentagon

WASHINGTON, Feb 16 (Reuters) - Saudi Arabia participated in air strikes as part of a U.S.-led coalition against Islamic State militants over the weekend, a U.S. Department of Defense spokesman said on Tuesday.

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