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Job cuts to escalate in South African mines as global economy slows

CAPE TOWN, Feb 15 (Reuters) - Job losses in South Africa's mining sector are likely to accelerate with mining companies such as Glencore and Anglo American battling to cope with a global commodity price slump.

UPDATE 2-Shell CEO expects Brazil output to quadruple by 2020

RIO DE JANEIRO Feb 15 (Reuters) - Royal Dutch Shell , Europe's largest oil company, expects to make robust investments in Brazil's offshore, hoping to quadruple oil and gas output there by the end of the decade, its chief executive officer said on Monday.

Listen Up: Bob Dylan Summed It Up - 'The Times [of the Rates], They are a Changing.'

California utilities are changing their Time of Use (TOU) rate schedules, and the changes are not good for solar customers. If you are in PG&E territory, you should immediately consider changing your electric rate plan. If you are in other California utility districts, check with your solar installer to optimize your rates. If you’re not in California, continue to be vigilant and advocate for favorable solar rates and net metering.

COLUMN-Deal or no deal; how to think and write about OPEC: Kemp

LONDON, Feb 15 (Reuters) - "Will Saudi Arabia, Iran and Russia reach a deal to boost oil prices by cutting production?" is precisely the sort of forecasting challenge tackled in Philip Tetlock's book on "Superforecasting".

Russia's Putin, Hungary's Orban to discuss energy projects - agencies

MOSCOW, Feb 15 (Reuters) - Russian President Vladimir Putin and Hungarian Prime Minister Viktor Orban will discuss economic ties including joint energy projects in Moscow on Feb.

UPDATE 1-Bundesbank cuts German inflation forecast after oil dip

FRANKFURT, Feb 15 (Reuters) - Germany's Bundesbank slashed its forecast for inflation on Monday, a signal that the same will happen across the wider euro zone, increasing pressure on the European Central Bank to loosen money supply.

RPT-COLUMN-Rio Tinto's iron ore hope at odds with foresight claim: Russell

LAUNCESTON, Australia, Feb 15 (Reuters) - - "We don't run our business on hope, we run it with foresight and focus." These are Rio Tinto Chief Executive Sam Walsh's words, but he's only half right.

UPDATE 1-Russia says better Iran-Saudi Arabia ties would help oil prices - RIA

MOSCOW, Feb 15 (Reuters) - Russia wants to see improved relations between Iran and Saudi Arabia at a time when joint action is needed to influence global oil prices, the RIA news agency on Monday quoted Zamir Kabulov, a senior official at Russia's Foreign Ministry, as saying.

UPDATE 1-Sembcorp Marine posts first quarterly loss, warns of long downturn

* Oil industry hit by plunging prices (Adds details, comments from briefing)

Sembcorp order book may drop $3.2 bln if Sete contracts canceled

SINGAPORE, Feb 15 (Reuters) - Singapore rig-builder Sembcorp Marine's order book will be cut by S$3.2 billion ($2.29 billion) should all seven Sete Brasil contracts be canceled, its chief executive said on Monday.

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