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Australian may buck a trend with new Queensland oil refinery

Australia's aged refining sector has shrunk by more than half over recent years, but at least one small local player appears to want to buck the trend.

Bonuses for London commodities and rates trading chiefs plunge

LONDON, Aug 4 (Reuters) - Plunging commodity prices and rock-bottom interest rates this year have cut bonuses for managing directors (MDs) on commodity and rates trading desks in London by as much as 60 percent.

Oil price unlikely to recover as Saudi refining hits market

LONDON/SINGAPORE, Aug 4 (Reuters) - Oil prices are unlikely to recover soon as Saudi Arabia's drive to boost its refining activities is expected to force refineries elsewhere to slow down their operations, thus creating an even bigger glut of unwanted crude oil.

UPDATE 1-Nigeria appoints former Exxon man head of state oil firm

ABUJA, Aug 4 (Reuters) - Nigeria's President Muhammadu Buhari appointed a new group managing director of the state oil firm on Tuesday, a statement from the presidency said.

U.S. court rejects Ecuador challenge to $96 mln Chevron award

NEW YORK, Aug 4 (Reuters) - A U.S. appeals court on Tuesday rejected Ecuador's challenge to a $96 million international arbitration award in favor of Chevron Corp, the latest development in a decades-long dispute over the development of oil fields in the South American country.

Oklahoma regulators impose water injection cut to stem earthquakes

WASHINGTON, Aug 4 (Reuters) - Oklahoma regulators are imposing new restrictions on energy companies injecting wastewater underground, in the latest effort to stem a sharp increase in earthquakes.

Coal prices near-decade lows as Chinese demand slumps

LONDON/FRANKFURT, August 4 (Reuters) - Coal prices' downward trajectory shows no sign of reversing as a supply glut, combined with expectations that demand from top consumer China will shrink more, paint a bleak outlook for the fossil fuel which generates nearly half the world's electricity.

EU trade negotiators aim for 2016 U.S. trade pact

* European Parliament gave mandate for further talks last month

COLUMN-Oil industry frets about another lost decade: Kemp

LONDON, Aug 4 (Reuters) - Oil is an inherently cyclical business. The point is remarkably simple but it is amazing how often it gets forgotten by forecasters and investors.

UPDATE 1-Japan A-bomb survivors speak out against nuclear power, decry Abe's view of war

FUKUSHIMA CITY, Japan, Aug 4 (Reuters) - When Atsushi Hoshino set out to revive a group representing atomic bomb survivors in the rural northeast Japanese prefecture of Fukushima 30 years ago, one topic was taboo - criticising the nuclear power industry upon which many relied for jobs.

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