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RPT-Woodside CEO says doesn't want to raise bid for Oil Search - AFR

MELBOURNE, Oct 5 (Reuters) - Woodside Petroleum's chief executive said the company does not want to raise its A$11.6 billion ($8.2 billion) offer for Oil Search Ltd because it would hurt his shareholders, the Australian Financial Review reported on Monday.

COLUMN-Saudi pricing shows oil volatility in action amid oversupply: Russell

Oct 5 - Saudi Arabia's decision to lower prices for oil loading in November shows that the battle for market share in an over-supplied Asian crude market is far from over.

UK Osborne promises to fund infrastructure, poaches rival's policy

MANCHESTER, England, Oct 5 (Reuters) - Finance minister George Osborne will launch a programme on Monday to spur infrastructure investment in Britain, poaching the policy from the left-wing opposition to stake the government's claim to the centre ground.

Lukoil begins operations of second catalytic cracker at Nizhegorodnefteorgsintez refinery

Lukoil has started operations of a second catalytic cracking complex of vacuum gas oil (CCC-2) at the Lukoil-Nizhegorodnefteorgsintez refinery in the Kstovo, Nizhny Novgorod region of Russia.

UPDATE 1-Turbine maker Nordex buys Acciona's wind power business

BERLIN, Oct 4 (Reuters) - German wind turbine maker Nordex is buying the wind power business from Spain's Acciona SA for 785 million euros ($880.77 million) in cash and shares to create a global player in the wind energy market, it said on Sunday.

RPT-Turbine maker Nordex buys Acciona's wind power business

BERLIN, Oct 4 (Reuters) - German wind turbine maker Nordex is buying the wind power business from Spain's Acciona SA for 785 million euros ($880.77 million) in cash and shares, it said late on Sunday.

Turbine maker Nordex buys Acciona's wind power business

BERLIN, Oct 4 (Reuters) - German wind turbine maker Nordex is buying the wind power business from Spain's Acciona SA for 785 million euros ($880.77 million) in cash and shares, it said late on Sunday.

South African coal miners begin strike

South African coal miners began a strike on Sunday after wage talks collapsed last week, disrupting the sector that produces the country's electricity and exports coal to Europe and Asia.

UPDATE 1-Nigeria to ease foreign currency restrictions in the long term -VP

ABUJA, Oct 4 (Reuters) - Nigeria will keep its restrictions on foreign currency for now to preserve the country's currency reserves amid plunging oil revenues, but will eventually relax them, the country's vice president said.

UPDATE 1-Merkel says military efforts needed in Syria but will not end war

BERLIN, Oct 4 (Reuters) - German Chancellor Angela Merkel told a German radio station that military efforts were necessary in Syria even though they would not put and end to the four-year-old civil war there.

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