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North Energy looking at all options as oil downturn continues

OSLO, Nov 12 (Reuters) - Norwegian oil explorer North Energy is looking at all options to boost shareholder value, which could include mergers and asset sales, as low oil prices continue to hurt results, it said on Thursday, alongside a wider quarterly loss.

UPDATE 1-Premier Oil cuts back on spending, beats production target

Nov 12 (Reuters) - Premier Oil has cut full-year capital expenditure as the oil producer deferred some project development and exploration spending into 2016, it said on Thursday.

UPDATE 2-Spain's Repsol net profit slumps 62 pct on weak oil price, shares fall

* Shares fall on higher than expected production loss (Adds shares, analyst, details on refining unit)

Engineering firm IMI sees lower margins weighing on 2015 earnings

Nov 12 (Reuters) - British engineering company IMI Plc said it expected full-year adjusted earnings per share to be "towards the lower end" of market estimates as a result of lower organic revenue and margins.

Premier Oil reduces investment costs, beats production target

Nov 12 (Reuters) - Oil producer Premier Oil has lowered its full-year capital expenditure (capex) programme as it deferred some project development and exploration expenses into 2016, the company said on Thursday.

UPDATE 3-Oil prices edge away from 2-mth low, but outlook stays weak

* But some analysts think glut is overstated (Adds comment, updates prices)

UPDATE 3-After delay, Kurdish forces launch battle to retake Iraq's Sinjar

* Rivalries among local forces had delayed long-expected battle

RPT-COLUMN-Why are oil and gas companies calling for more action on climate change?

Nov 12 (Reuters) - This year many of us have increased our advocacy on this issue. And last month, companies responsible for a fifth of the world's oil and gas supply in the Oil and Gas Climate Initiative (OGCI) threw their support behind a new global agreement at the forthcoming UN talks in Paris.

Idemitsu Kosan, Showa Shell agree to merge

TOKYO, Nov 12 (Reuters) - Japan's Idemitsu Kosan Co and Showa Shell Sekiyu said they agreed to merge, sealing a combination that was mooted earlier this year to create the second-biggest operator in the crowded Japanese refinery sector.

UPDATE 1-RWE to barely reach net profit forecast on npower woes

* 9-month oper profit down 9 pct at 2.65 bln euros (Recasts, adds CEO quote, details)

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