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UPDATE 1-Ex-Vimpelcom CEO Jo Lunder held by Norwegian police

OSLO, Nov 5 (Reuters) - The former chief executive of telecoms firm Vimpelcom, Jo Lunder, is being held by Norwegian police as part of a corruption investigation into the firm and will be questioned as soon as possible, police told Reuters on Thursday.

"Peak demand" means world may never see oil at $100 a barrel again

LONDON, Nov 5 (Reuters) - Just as the energy industry has brushed aside concerns that the world could run out of oil, industry executives now say they believe it is demand, rather than supply, that is nearing its apex.

RPT-Cheap diesel deals big setback to natural gas truck sales

Nov 5 (Reuters) - Sales of trucks powered by natural gas are sputtering and growth will be far weaker this year than last as tumbling diesel prices prevent drivers from switching over to the cleaner-burning fuel even though it is cheaper than it has been in years.

RPT-Century Aluminum targets China as U.S. smelters fight for survival

NEW YORK, Nov 5 (Reuters) - At least one U.S. aluminum producer may be hunkering down for a trade dispute with top-producer China, as the beleaguered aluminum industry fights for survival amid high labor and energy costs and prices at a six-year low.

UPDATE 1-OPEC, Russia oil battle heats up as Sweden buys Saudi crude

LONDON, Nov 5 (Reuters) - The Saudi-Russian battle for Europe's crude oil buyers intensified this week as Swedish refiner Preem bought its first cargo of Saudi Arabian crude oil in around two decades, trading sources said.

UPDATE 3-French power producer EDF to review grid business strategy

* Shares fall more than 6 pct after Goldman Sachs downgrade (Adds comments on RTE by EDF CFO, share dividend, stock move)

Japan refiners slip into red on inventory losses from oil slump

TOKYO, Nov 5 (Reuters) - Three of five major Japanese oil refiners slipped into the red in the six months ended September and two of them are curbing investments as the slump in oil prices, which shows little sign of ending, caused inventory losses.

Russia lays foundations for carbon regulation amid calls for action

ST PETERSBURG, Russia, Nov 5 (Thomson Reuters Foundation) - R ussia is preparing the ground for future regulation of carbon emissions, amid calls to wean the economy off its heavy dependence on polluting fossil fuels.

Hungary looks at more ways to cut power prices

BUDAPEST, Nov 5 (Reuters) - Hungary may suspend payments into a fund for the future decommissioning of reactors at the Paks nuclear plant to finance more electricity price cuts, a senior government official said on Thursday.

KazMunaiGas EP profit drops on oil price slide

ALMATY, Nov 5 (Reuters) - Kazakh oil firm KazMunaiGas Exploration Production said on Thursday its net profit has nearly halved in dollar terms in the first nine months of this year due to the decline in oil prices.

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