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Average U.S. gas price drops 14 cents in two weeks -Lundberg

NEW YORK, Jan 24 (Reuters) - The average price of a gallon of gasoline in the United States fell 14 cents in the past two weeks to its lowest level in seven years, according to a Lundberg survey released on Sunday.

Canadian companies' profits hurt by oil price rout

TORONTO, Jan 24 (Reuters) - The oil price rout and related Canadian dollar slide that is ravaging the country's economy is starting to take its toll on corporate profits, from rail and retail to seemingly unrelated sectors like telecoms.

Fires put out at major Libyan oil terminal

BENGHAZI, Libya, Jan 24 (Reuters) - Firefighters have put out fires started by an attack by Islamic State militants at the major Libyan oil terminal of Ras Lanuf, a spokesman for guards at the terminal said on Sunday.

Global insurers plot cautious course to Iran

* Iranian players seeking credit ratings to help partnerships

Regulators approve health study on huge California gas leak

LOS ANGELES, Jan 23 (Reuters) - Regional air quality regulators in California voted on Saturday to require the utility responsible for a ruptured underground pipeline in the Los Angeles area to underwrite an independent study on the health effects of a huge methane leak from the site.

UPDATE 2-Mexico's Pemex says controls fire on oil platform, won't affect output

MEXICO CITY, Jan 23 (Reuters) - Mexico's state-run oil company Pemex said on Saturday that a fire broke out in a machine room on a platform located in the company's top producing oilfield, but added that it would not affect production.

White House raises concerns about harm to civilians in Yemen

WASHINGTON, Jan 23 (Reuters) - The White House on Saturday said it was deeply concerned about reports of harm to civilians amid escalating violence in Yemen, and called on all sides involved in the conflict to resume peace talks.

Italy's Saipem says low oil price could force it to redraw plans

MILAN, Jan 23 (Reuters) - Italian oil service group Saipem said it had trimmed its sales guidance for last year and might have to review its recent four-year business plan targets if oil prices remained at current low levels.

Davos Man seeks Davos Women

DAVOS, Switzerland, Jan 23 (Reuters) - Davos Man is being urged to broaden his circle, to include more women.

Khamenei calls for security cooperation with China, says U.S. not to be trusted

DUBAI, Jan 23 (Reuters) - Iran's Supreme Leader Ayatollah Ali Khamenei called on Saturday for closer economic and security ties with China, saying both countries could be reliable partners, especially in energy.

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