Energy Update
AMMAN, Sept 7 (Reuters) - Islamic State fighters have seized an oil field in a vast desert area of central Syria where the army has been battling to regain ground from the ultra hardline militants, a group monitoring the conflict said on Monday.
COPENHAGEN, Sept 7 (Reuters) - Britain is poised to reject a large wind farm project in the English Channel as it would jeopardise the UNESCO World Heritage Site status of the country's Jurassic Coast, British newspaper The Telegraph reported.
LONDON, Sept 7 (Reuters) - Hedge funds covered only a small part of their gross short position in U.S. crude oil futures and options during the recent rally, implying there is a lot more short-covering still to come.
ZAGREB, Sept 7 (Reuters) - Croatia began a retrial on Monday of former prime minister Ivo Sanader on corruption charges, including a case of a bribe allegedly taken from Hungarian oil firm MOL to allow it acquire a dominant stake in Croatia's biggest utility.
Sept 7 (Reuters) - Japan's Toshiba Corp said on Monday it had decided there was no need for a writedown on its Westinghouse operations after an accounting scandal raised concerns it was overestimating the value of its U.S.
JOHANNESBURG, Sept 7 (Reuters) - Mining and commodities trading firm Glencore on Monday said it will suspend dividends, sell assets and raise $2.5 billion in a new share issue as it aims cut it net debt to $20 billion by the end of next year.
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