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* ABB restructure could facilitate sale of Power Grid business

* Oct Basra Heavy supply cut, but still at high level (Adds quotes)

NEW YORK, Sept 14 (Reuters) - In shale strongholds of North Dakota and Texas, physical crude grades are trading at the highest premiums to futures prices in years, offering a glimmer of hope that a pickup in global oil markets might follow.

Platts senior editors on producers and consumers alike becoming more attuned to the impact of goods of all sorts, and how it is no different when it comes to a barrel of oil.

LONDON, Sept 14 (Reuters) - Turkey is considering lodging an appeal with the World Trade Organization (WTO) against a U.S. move to slap anti-dumping duties on imports of Turkish steel pipes, an industry group told Reuters.

BRUSSELS, Sept 14 (Reuters) - Rich nations are stubbornly divided ahead of talks in Paris on Thursday to seek a deal to phase out coal subsidies in a foretaste of the difficulty of agreeing on action to curb global warming at a U.N. summit later this year.

BEIJING, Sept 14 (Reuters) - Chinese state-owned energy giant China National Petroleum Corporation (CNPC) will sell off most of its hotels by the end of 2017 and get rid of more than 4,000 company cars as part of efforts to root out corruption and waste, it said on Monday.

NEW DELHI, Sept 14 (Reuters) - Indian Prime Minister Narendra Modi is set to meet bosses of loss-making electricity utilities on Monday to debate a rescue package for a sector whose vast debts weigh on the banking system and undermine promises to provide power for all.

CANBERRA, Sept 14 (Reuters) - Embattled Australian Prime Minister Tony Abbott has been asked to step down by two senior ministers, Sky TV reported on Monday, following mounting speculation about his position and concerns about the performance of his conservative coalition government.

--Clyde Russell is a Reuters columnist. The views expressed are his own.--

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