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HK regulator orders trading halt in Muddy Waters' target Superb Summit

HONG KONG, Dec 15 (Reuters) - Hong Kong's securities regulator put an indefinite trading halt on the shares of Chinese timber supplier Superb Summit International Group , a company that shortseller Muddy Waters questioned its accounts in a report issued last year.

U.S. crude resumes decline as oversupply concerns return

TOKYO, Dec 15 (Reuters) - U.S. crude oil prices fell in early Asian trade, resuming their decline after strong gains on Monday snapped a six-day losing streak, on concerns about a global glut and mild winter demand.

Exxon tees up refining executive for CEO, drawing from deep bench

HOUSTON, Dec 14 (Reuters) - Exxon Mobil Corp's appointment of the head of its refining business as its new president makes him the probable successor to Chief Executive Rex Tillerson and was designed to avoid raising eyebrows on Wall Street, analysts said on Monday.

Ecopetrol unveils $4.8bn investment plan for 2016

Colombia’s state-controlled firm Ecopetrol has unveiled $4.8bn investment plan for 2016.

ExxonMobil commissions Banyu Urip central processing facility in Indonesia

Oil and gas company ExxonMobil has commissioned the onshore central processing facility at the Banyu Urip field in Indonesia.

Bibby Offshore to replace subsea infrastructure for BP

Bibby Offshore, a subsea services provider to the oil and gas industry, has been awarded a multimillion pound contract by BP to replace subsea infrastructure in the Central North Sea.

Shell and CNOOC to expand petrochemical complex in China

Shell Nanhai and China National Offshore Oil (CNOOC) signed a heads of agreement (HOA) to expand their existing 50:50 joint venture (JV) in Huizhou, Guangdong Province, China.

MEDIA-Italy delays E.U.'s renewal of sanctions against Russia -NYT

-- Note: Reuters has not verified this story and does not vouch for its accuracy

UPDATE 1-Refineries, renewables hold up Congress talks on U.S. oil exports

WASHINGTON, Dec 14 (Reuters) - Congressional leaders inched closer on Monday to agreeing to repeal the U.S.

High-yield risks cast doubt on strength of U.S. economy

NEW YORK, Dec 14 (Reuters) - The selloff in the bellwether high risk corporate debt market is spreading fears that the U.S. economy is on less sound footing than investors thought.

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