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UPDATE 2-Tight oil is here to stay, Conoco CEO tells OPEC

VIENNA, June 4 (Reuters) - The U.S. tight-oil boom is here to stay despite low crude prices as technological breakthroughs will allow steep reductions in costs, the head of U.S.

Joy Global profit plunges 48 pct as miners cut spending

June 4 (Reuters) - Mining equipment maker Joy Global Inc , which gets about 60 percent of its revenue from coal miners, reported a 48 percent fall in quarterly profit as customers cut spending due to weak prices.

UPDATE 2-Top EU court rules German nuclear fuel tax is legal

* German constitutional court decision to come (Recasts, adds comments from E.ON, EnBW, updates shares)

Russia's Novatek agrees to sell Shell 0.9 mln T of LNG per year

MOSCOW, June 4 (Reuters) - Russia's second largest gas producer, Novatek, said on Thursday it had signed a long-term contract with Royal Dutch Shell to supply around 0.9 million tonnes of LNG annually for more than 20 years.

UPDATE 1-Saipem shares suspended after sharp fall sparked by cash call report

* Eni appointed new CEO at Saipem in April to turn it around (Adds company comment, trader, banker, shares)

UPDATE 1-Azerbaijan to produce 40.7 mln T of oil, 30.2 bcm of gas in 2015-SOCAR

BAKU, June 4 (Reuters) - Azerbaijan plans to produce 40.7 million tonnes of oil and 30.2 billion cubic metres (bcm) of natural gas in 2015, a senior official at Azeri state energy firm SOCAR said on Thursday.

Woodside muscling onto BG-Shell turf with global LNG push

PARIS, June 4 (Reuters) - Australia's Woodside Petroleum is expanding its liquefied natural gas (LNG) business and aims to build a global supply network ahead of an expected surge in trading of the fuel, its chief executive said in an interview.

Vietnamese banking shares take the crown

By Mai Nguyen HANOI, June 4 (Reuters) - Vietnamese bank shares have outstripped the country's benchmark stock index this year as overseas investors plough into the market ahead of an expected liberalisation of foreign ownership in financial institutions.

Turkish scrap import prices soften on bearish sentiment

Sentiment darkened in the Turkish imported scrap market January 25, despite snow covering the US East Coast export hub.

US export prices fall, tracking global prices; European prices fall on bearish feedstock

US linear-low density polyethylene export prices fell as market participants talked the PE market lower, following a weekend that saw global markets decline.

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