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EU's Mogherini seeks talks with Iran on energy, trade by early 2016

BRUSSELS, July 31 (Reuters) - The European Union should start high-level talks with Iran on energy and trade by the beginning of 2016, EU foreign policy chief Federica Mogherini told a closed-door meeting of EU policymakers.

Magnitude 5.2 earthquake hits central Iran

July 31 (Reuters) - A magnitude 5.2 earthquake struck central Iran on Friday, the U.S.

China state firms to start pumping new oil in Iran -sources

* Sinopec expects to start up Yadavaran oilfield at 85,000 bpd

Oil producer Afren's board to put company into administration

July 31 (Reuters) - Oil producer Afren Plc said its board has decided to put the company into administration after failing to secure support for a refinancing and restructuring plan.

BUZZ-BG Group: outperforms sector after record output

** BG Group up 0.7 pct & only gainer among peer list on E300 Oil & Gas Index after co's oil and gas production hit record levels in Q2

UPDATE 2-BG Group's record output limits oil price fallout

* Shell has flagged BG's access to growth markets (Adds details, shares)

China's Sinopec in major shakeup of overseas unit -sources

BEIJING, July 31 (Reuters) - Chinese energy giant, Sinopec Group, is relocating nearly 40 percent of its staff in its global exploration and production unit back to its headquarters, in a major shakeup aimed at cutting costs and boosting efficiency, company sources said.

BUZZ-Weir: Heavyweights downgrade as margins pressure to hurt FY

** Weir down c. 1.6 pct & 3rd top loser on FTSE-100 after at least 4 heavyweight brokerages cut TP on stock a day after co posts huge slump in H1 PBT

BG Group Q2 profits halve as oil price drop bites

LONDON, July 31 (Reuters) - BG Group's core earnings nearly halved in the second quarter after a huge hit from persistently weak oil prices, though the company'[s results still beat market expectations.

Poll: Do you think the US will approve the Keystone XL pipeline?

With the end of the Obama administration in sight, signs point toward a deadline on the Keystone XL decision.

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