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UPDATE 1-Gazprom profit jumps 71 pct on weak rouble, robust prices

MOSCOW, Aug 10 (Reuters) - Russia's largest gas producer Gazprom beat expectations with a 71 percent jump in first-quarter net profit after weakness in the rouble more than compensated for a drop in sales volumes to Europe.

Daewoo Shipbuilding says to sell all non-core assets in restructuring

SEOUL, Aug 10 (Reuters) - South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd said on Monday that it will sell all non-core assets and exit from all non-essential business units as part of a company-wide restructuring effort.

BUZZ-Oil producers, services providers: No respite

** Oil companies and service providers fall heavily as oil prices drop below $49 per barrel

European shares edge lower, weighed down by China concerns

LONDON, Aug 10 (Reuters) - European shares edged lower on Monday as disappointing economic data out of China and falls in mining companies BHP Billiton and Anglo American weighed on the market.

Firms linked to Revolutionary Guards to win sanctions relief under Iran deal

BEIRUT/WASHINGTON, Aug 9 (Reuters) - Dozens of companies tied to Iran's elite Revolutionary Guards, a military force commanding a powerful industrial empire with huge political influence, will win sanctions relief under a nuclear deal agreed with world powers.

Bid date for Tesco's S.Korea unit extended to Aug 24-sources

SEOUL, Aug 10 (Reuters) - The deadline for the next round of bids for Tesco PLC's South Korean business has been extended to Aug. 24 from Aug.

RPT-Clinton strays from her roots as coal miner's great granddaughter

WASHINGTON, Aug 9 (Reuters) - In her 2008 bid for the White House, Hillary Clinton cast herself as a blue-collar Democrat who was unabashedly pro-coal, a stance that helped her beat opponent Barack Obama easily in primaries in states that produced or were reliant on coal.

ConocoPhillips pursues Alaskan viscous crude deposits: At the Wellhead

Tim Bradner explains how a major is using new oil production methods in Alaska with the hopes any success could be more widely applicable - and profitable - in the future.

The Oil Big Five: No slowdown for oil

In the Northern Hemisphere, summer is in full force, and luckily for us, news is also heating up in the world of oil.

Rail helps make Midwest a net shipper of crude oil

(Mon, 10 Aug 2015) Shipments of crude oil out of the Midwest region to other U.S. regions have steadily increased as a result of pipeline reversals and rail transport. Rail movements out of the Midwest contributed to the region becoming a net shipper of crude oil. Without these rail movements, the Midwest region would still be a net recipient.

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