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Freeport-McMoRan to launch auction for oil and gas assets-sources

Dec 23 (Reuters) - Freeport-McMoRan Inc, the U.S. miner that was targeted by activist investor Carl Icahn earlier this year, is planning to run an auction process for its oil and gas assets in early 2016, according to people familiar with the matter.

U.N. Security Council endorses Libyan peace agreement

UNITED NATIONS, Dec 23 (Reuters) - The United Nations Security Council on Wednesday endorsed a U.N.-brokered agreement among Libya's warring factions to form a national unity government, a deal Western powers hope will bring stability and help to combat a growing Islamic State presence.

UPDATE 2-U.S. oil drillers cut rigs for a 5th week in 6 -Baker Hughes

(Adds basin details and natural gas rigs in paragraphs 9-10) Dec 23 (Reuters) - U.S. energy firms this week cut oil rigs for a fifth week in the last six, data showed on Wednesday, a sign drillers were still waiting for higher prices before returning to the well pad. Drillers removed three oil rigs in the week ended Dec. 23, bringing the total rig count down to 538, oil services company Baker Hughes Inc said in its closely followed report.

U.S. oil drillers cut rigs for a 5th week in 6 -Baker Hughes

Dec 23 (Reuters) - U.S. energy firms this week cut oil rigs for a fifth week in the last six, data showed on Wednesday, a sign drillers were still waiting for higher prices before returning to the well pad. Drillers removed three oil rigs in the week ended Dec. 23, bringing the total rig count down to 538, oil services company Baker Hughes Inc said in its closely followed report.

Fed-up creditors seek to put US energy's zombies into bankruptcy

WILMINGTON, Del, Dec 23 (Reuters) - Rising financial stress in the U.S. energy sector has prompted some suppliers and vendors to take unusual legal action to collect unpaid debts: forcing struggling companies with billions of dollars in debt into bankruptcy.

Petroceltic hires bankers for strategic review, potential sale

Dec 23 (Reuters) - Irish oil producer Petroceltic International Plc said it hired bankers to conduct a strategic review, including a sale, after tumbling oil prices hurt its business.

Venezuela PDVSA says it is object of smear campaign after U.S. arrests

CARACAS, Dec 23 (Reuters) - Venezuelan state-owned oil company PDVSA on Wednesday said it was the target of a smear campaign by opponents who are trying to link it to corruption, and said its hiring processes followed the law.

Libya's UN envoy says no plan to ask for Western airstrikes soon

UNITED NATIONS, Dec 23 (Reuters) - Libya has no intention of requesting Western air strikes against Islamic State militants in the country anytime soon but would like the United Nations to lift the arms embargo against it, Libya's U.N.

UPDATE 1-Enterprise to export its first U.S. crude after export ban lifted

Dec 23 (Reuters) - Enterprise Products Partners LP said on Wednesday it won its first contract to export U.S. crude oil for trader Vitol in what may become the first such cargo exported in almost four decades after Congress last week voted to lift the export ban.

Enterprise Products secures first crude oil export contract

Dec 23 (Reuters) - Enterprise Products Partners LP said it won its first contract to export U.S crude, days after the U.S. Congress voted to lift a four-decade ban on oil exports.

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