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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 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.

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

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

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.

RIO DE JANEIRO, Dec 14 (Reuters) - At least eight companies have contacted Brazil's state-run utility Centrais Elétricas Brasileiras SA to express interest in the planned sale of its Celg-D power distribution unit, a source with direct knowledge of negotiations told Reuters on Monday.

VANCOUVER/TORONTO Dec 14 (Reuters) - Private equity and pension funds may provide the next wave of funding to the slumping mining sector through metal streaming deals as dedicated funding sources struggle to raise their own cash, industry sources said.

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

SAO PAULO, Dec 14 (Reuters) - Brazilian prosecutors on Monday charged Jose Carlos Bumlai, a friend of former President Luiz Inacio Lula da Silva, with taking out a fraudulent loan from Schahin bank that they allege benefited the ruling Workers' Party.

BRASILIA, Dec 14 (Reuters) - Low turnout at pro-impeachment rallies on Sunday provided some respite for President Dilma Rousseff but the real test of the popular mood will come when Brazil returns from its summer holidays in March to face a deepening recession and fewer jobs.

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