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U.S. shale producers see big budget cuts for 2016

HOUSTON/NEW YORK, Nov 6 (Reuters) - U.S.

Working natural gas in storage matches record level

(Fri, 06 Nov 2015) Working natural gas in storage reached 3,929 billion cubic feet (Bcf) as of October 30, according to EIA's latest Weekly Natural Gas Storage Report. This level matches the previous weekly record of 3,929 Bcf set November 2, 2012. Although October marks the traditional end of the injection season, inventory increases commonly continue into the first weeks of November. Largely depending on the weather, inventories could surpass 4 trillion cubic feet in the coming weeks.

CORRECTED-Australia's mining-heavy state looks elsewhere for growth

JAKARTA, Nov 6 (Reuters) - Australia's biggest resources state has long relied on China's hearty appetite for raw materials for its wealth but with growth in its main trading partner slowing Western Australia is trying to cultivate other trading partners such as Indonesia.

Venezuela's PDVSA confirms $5.2 bln bond payments - media

CARACAS, Nov 5 (Reuters) - Venezuela's PDVSA has paid $4.2 billion in bond maturities and interest in recent days, and will shortly pay another $1 billion, the state oil company's president told a local newspaper on Thursday.

UPDATE 3-Dam burst at Vale, BHP mine devastates Brazilian town

BRASILIA, Nov 5 (Reuters) - A dam holding back waste water from an iron ore mine in Brazil that is owned by Vale and BHP Billiton burst on Thursday, devastating a nearby town with mudslides and leaving officials in the remote region scrambling to assess casualties.

UPDATE 3-New York investigating Exxon over climate statements -source

Nov 5 (Reuters) - The New York attorney general has launched an investigation into whether Exxon Mobil Corp misled the public and shareholders about the risks of climate change.

UPDATE 1-Petrobras strike shows strong opposition to privatization -unions

RIO DE JANEIRO, Nov 5 (Reuters) - Brazilian union leaders said on Thursday stronger than expected support for a strike at Petrobras is due to growing worker opposition to a creeping privatization of the state oil company.

Petrobras strike shows strong opposition to "privatization" -unions

RIO DE JANEIRO, Nov 5 (Reuters) - Brazilian union leaders say stronger than expected support for a strike at Petrobras is due to growing worker opposition to a creeping privatization of the state oil company.

UPDATE 2-New Canada government backs Keystone pipeline -foreign minister

OTTAWA, Nov 5 (Reuters) - Canada's new Liberal government backs TransCanada Corp's Keystone XL pipeline, but does not want the project opposed by environmentalists to spoil relations with the United States, Foreign Minister Stephane Dion said on Thursday.

UPDATE 1-Junk-rated and oil and gas loans worry U.S. bank regulators

Nov 5 (Reuters) - Banks' exposure to junk-rated companies and the oil and gas sector remains high, according to an annual report on loan quality by U.S.

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