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UPDATE 1-Cyclone passes over Australia's northwest as wild weather hits nation

* Tasmania fires burn through 72,000 hectares, floods threaten communities (Adds reports of flooding in Queensland, fires in Tasmania, mini-tornado in New South Wales)

Cyclone passes over Australia's northwest mining ports

PERTH, Jan 31 (Reuters) - A tropical cyclone that crossed Australia's northwest coast early on Sunday was weakening, although several small inland communities were on red alert as it moved inland and the risk of heavy swells and storm surges remained.

Berkshire resumes buying Phillips 66 stock

Jan 30 (Reuters) - Berkshire Hathaway Inc, the conglomerate run by Warren Buffett, has resumed its purchases of Phillips 66 stock, and spent roughly $832 million in January to boost its stake even as the oil refiner's profit margins narrowed.

EU signals support for Schaeuble's petrol tax proposal-magazine

BERLIN, Jan 30 (Reuters) - European Commission Vice President Valdis Dombrovskis has suggested he was open to German Finance Minister Wolfgang Schaeuble's proposal for a special tax on petrol in EU member states to finance refugee-related costs.

UPDATE 1-Iraq will cooperate with any production-cutting decisions -oil minister

* Iraq aims to revive national oil company to boost efficiency

Iraq will cooperate with any production-cutting decisions -oil minister

BAGHDAD, Jan 30 (Reuters) - Iraq's oil minister said on Saturday his country was ready to accept a decision by OPEC and non-OPEC members to cut crude production.

UPDATE 2-Iran cancels London oil conference over visas - Seda weekly

* Companies to be invited in May to bid for new oil contracts (Adds quotes, analyst comments, background)

Iran cancels London oil conference over visas, says bids for new contracts in May - Seda weekly

Jan 30 (Reuters) - Iran has cancelled an oil conference in London next month, when Tehran was expected to reveal its new oil and gas contracts to investors, apparently over a delay in getting visas, the Seda weekly on Saturday quoted a senior Iranian official as saying.

Environmental group says reaches accord to stop offshore fracking in California

Jan 29 (Reuters) - A conservation group said the federal government must stop approving offshore fracking from oil platforms in California's Santa Barbara Channel under the settlement of a lawsuit it filed.

Cyclone churns towards Australia's northwest iron ore ports

PERTH, Jan 30 (Reuters) - A tropical cyclone gathered strength as it headed for the northwest coast of Western Australia on Saturday, forcing ports to close and mining companies to evacuate.

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