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CGG conducts airborne gravity and magnetic survey offshore South Africa

CGG has announced that it will commence a multi-client airborne gravity and magnetic survey offshore South Africa. The Petroleum Agency of South Africa (PASA) has authorized the program which will extend across two blocks totaling approximately 78,000 line kilometers.

Linde to support gas processing project In Russia

Linde Group has been selected by Gazprom, Gazprom Pererabotka Blagoveshchensk and its general contractor NIPIgas as the licenser for cryogenic gas separation technology at the Amur Gas Processing Plant (Amur GPP), located in the far east of Russia.

South Korea aims to double exports to Iran in 2 years -finance minister

SEOUL, Jan 21 (Reuters) - South Korea aims to double exports to Iran in two years as construction and shipbuilding firms are seen benefiting from the lifting of international sanctions on the Middle East country, its finance minister said on Thursday.

Canada needs 5 years to adjust to commodities rout -central bank

OTTAWA, Jan 20 (Reuters) - Canada will adjust to lower commodity prices in three phases over the next five years, with the impact of lower incomes to be felt more strongly later on and economic growth by 2020 being 2 percent lower than it otherwise would have been, according to staff at the Bank of Canada.

UPDATE 11-Oil plumbs new lows below $27 as oversupply woes persist

* Venezuela suggests OPEC meeting; other delegates dismiss it

UPDATE 1-Kinder Morgan swings to loss on $1.15 bln charge

Jan 20 (Reuters) - U.S.

Brain AG sets IPO price range at 9 to 12 euros per share

FRANKFURT, Jan 20 (Reuters) - German industrial biotech group Brain AG on Wednesday set a price range of 9 euros to 12 euros per share for its initial public offering (IPO), hoping to raise up to 48.3 million euros ($52.60 million) before its planned first day of share trading on Feb. 9.

Regulators delay action again on huge California methane leak

DIAMOND BAR, Calif., Jan 20 (Reuters) - Air quality regulators, meeting for the third time this month to address a huge natural gas leak that has forced thousands of Los Angeles residents from their homes, delayed action again on Wednesday on a proposal to curtail the escaping methane.

'Great Green Fleet' using biofuels deployed by U.S. Navy

WASHINGTON, Jan 20 (Reuters) - The U.S. Navy formally deployed its "Great Green Fleet" on Wednesday, sending warships powered by alternative energy to conduct operations in the Pacific three years after controversy over the price of developing new fuels provoked a fight in Congress.

CANADA STOCKS-TSX falls 1.3 pct, touches 2012 low on oil rout

TORONTO, Jan 20 (Reuters) - Canada's main stock index fell 1.3 percent on Wednesday, managing to pare some losses after plunging to an almost 3-1/2 year low as a rout in oil prices rumbled on and the Bank of Canada deciding against cutting rates.

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