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RPT-COLUMN-Fuel oil looks overvalued ahead of Chinese demand drop: Russell

LAUNCESTON, Australia, Nov 11 (Reuters) - - What will happen to all the fuel oil that used to be bought by small Chinese refiners?

Sri Lanka shares fall; budget uncertainty lingers

COLOMBO, Nov 11 (Reuters) - Sri Lankan shares fell for a second session on Wednesday to their lowest in nearly a week despite foreign buying, while speculation and uncertainty over the upcoming budget dented sentiment.

WRAPUP 1-China says Philippines must heal rift over S.China Sea as Indonesia speaks out

* China has boycotted arbitration proceedings launched by Manila

REFILE-Nigeria's president appoints banker Kemi Adeosun as finance minister

ABUJA, Nov 11 (Reuters) - Nigeria President Muhammadu Buhari appointed former investment banker Kemi Adeosun as finance minister on Wednesday, putting her in charge of Africa's biggest economy.

UPDATE 1-Malaysia's Petronas cuts state dividend as profit plunges on oil drop

* Petronas Q3 net profit drops 91 pct * Revenue for quarter falls 25 pct * To pay nearly 40 pct less dividend to govt next year (Adds more comments of CEO from briefing and details of results) By Emily Chow KUALA LUMPUR, Nov 11 (Reuters) - Malaysia's Petroliam Nasional Bhd (Petronas) is slashing its 2016 dividend to the government by nearly 40 percent, after its quarterly profit fell 91 percent on weak global crude oil prices.

Nigeria's Buhari swears 36 ministers into cabinet after five-month wait

ABUJA, Nov 11 (Reuters) - Nigeria's President Muhammadu Buhari swore 36 ministers into his cabinet on Wednesday, five months after his inauguration.

North Dakota's colleges pitch education to laid-off roustabouts

WILLISTON, N.D., Nov 11 (Reuters) - North Dakota's public universities have launched a scholarship program to enroll laid-off oilfield workers in energy classes, contending their best path to a new job is learning mechanical and computer skills.

UPDATE 1-Indonesia says could also take China to court over South China Sea

JAKARTA, Nov 11 (Reuters) - Indonesia could take China before an international court if Beijing's claim to the majority of the South China Sea and part of Indonesian territory is not resolved through dialogue, Indonesia's security chief said on Wednesday.

CORRECTED-Indonesia says could also take China to court over South China Sea

JAKARTA, Nov 11 (Reuters) - Indonesia could take China to the International Criminal Court (ICC) if Beijing's claim to the majority of the South China Sea and part of Indonesian territory is not resolved through dialogue, Indonesia's security chief said on Wednesday.

Malaysia Petronas's Q3 net profit tumbles 91 pct on weak oil prices

KUALA LUMPUR, Nov 11 (Reuters) - Malaysia's Petroliam Nasional Bhd (Petronas) reported on Wednesday a 91 percent plunge in third-quarter net profit due to weak global crude oil prices. The state-owned oil firm made a net profit of 1.4 billion ringgit ($321.10 million) in July-September compared to 15.1 billion in the same period a year earlier. It was the third straight quarter of profit declines for Petronas this year. Revenue for the quarter fell by 25 percent to 60.1 billion ringgit

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