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Marathon Petroleum profit falls 77 pct

Feb 3 (Reuters) - Refiner Marathon Petroleum Corp reported a 77 percent fall in quarterly profit as it took an inventory valuation adjustment charge of $370 million.

Russia assigns financing for projects in Iran - RIA

MOSCOW, Feb 3 (Reuters) - Russian government authorities have ordered financing of economic projects in Iran, including the construction of a nuclear plant, RIA news agency cited Kremlin's top adviser Yuri Ushakov as saying on Wednesday.

NEWSMAKER-Industrialist turned dealmaker, ChemChina's Ren thinks big with Syngenta

* Ren says has no plans for political career (Adds HSBC and story link in paragraph 3)

UPDATE 1-ChemChina has secured funding for 100 pct of $43 bln Syngenta deal -source

* Syngenta to keep investment grade rating - source (Adds additional sourcing, detail)

NEWSMAKER-Industrialist turned dealmaker, ChemChina's Ren thinks big with Syngenta

BEIJING, Feb 3 (Reuters) - China National Chemical Corp (ChemChina) boss Ren Jianxin, the man behind China's largest overseas bid, is in many ways a traditional industrial boss: a government background, Communist Party colours and a degree in chemical plant mechanics.

ChemChina has secured funding for 100 pct of $43 bln Syngenta deal -source

HONG KONG, Feb 3 (Reuters) - ChemChina has already secured financing commitments sufficient to acquire 100 percent of pesticides group Syngenta, and is looking to initially purchase 67 percent of the agrichemicals company to meet a Swiss takeover threshold, a source with direct knowledge of the deal said.

No date yet for Russia's possible consultations with OPEC - Kremlin

MOSCOW, Feb 3 (Reuters) - No date has been set yet for possible consultations between Russia and the Organization of the Petroleum Exporting Countries, the Kremlin said on Wednesday.

Iran calls for closer ties with Russia, Iraq and Venezuela on energy issues -RIA

MOSCOW, Feb 3 (Reuters) - Iran calls for closer ties with Russia, Iraq and Venezuela on energy issues, RIA news agency quoted Ali Akbar Velayati, a top advisor to Supreme Leader Ayatollah Ali Khamenei, as saying on Wednesday.

UPDATE 2-Fortum to cut costs, hunt acquisitions after Q4 disappoints

* Shares drop 10 pct (Adds share reaction, analyst comment, background)

Russia says ready to meet key OPEC members, old price regulation tools "no longer working" -RIA

MOSCOW, Feb 3 (Reuters) - Russia is ready to meet the main oil producers within the Organisation of the Petroleum Exporting Countries (OPEC) if a consensus on such a meeting is reached with them, RIA news agency quoted Russia's foreign minister as saying on Wednesday.

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