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Plains All sets no timeline to restart California pipeline after spill

June 3 (Reuters) - Plains All American Pipeline said no timeline has been set for the restart of its pipeline which spilled hundreds of barrels of oil on the coast of Santa Barbara last month.

OPEC moots $80 as new 'fair' oil price - but will it stick?

VIENNA, June 4 (Reuters) - Nearly a year after oil markets entered a deep downward spiral, unmoored from the $100-a-barrel mark that had anchored them for years, some OPEC members are publicly talking for the first time about a new "fair" price for their crude.

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Seeking compromise deal, Greece warns it might skip IMF payment

UPDATE 3-North Dakota orders oil wells shut in over flooding concerns

WILLISTON, N.D., June 3 (Reuters) - North Dakota oil regulators ordered small, privately held Zavanna LLC to shut in oil wells near the confluence of the Missouri and Yellowstone rivers on Wednesday after more than 1.5 inches (3.8 cm) of rain raised flooding concerns.

CNRL says ramping up oil sands output as Alberta wildfires ease

CALGARY, Alberta, June 3 (Reuters) - Canadian Natural Resources Ltd said on Wednesday it is ramping up production at its 30,000 barrel per day Kirby South oil sands project in northern Alberta as the wildfire threat in the region eases.

Freeport may sell less than 20 pct of oil, gas unit in IPO

June 3 (Reuters) - Freeport-McMoRan Inc, which is exploring a public offer for a stake in its oil and gas business, will likely sell off less than 20 percent of the unit, Freeport Chief Financial Officer Kathleen Quirk said on Wednesday.

Japan's emissions target, relying on nuclear, seen as unrealistic

TOKYO, June 4 (Reuters) - Japan has set an emissions target to be presented to November's climate summit that critics say is unambitious compared to those of other leading countries and unrealistic because it depends on restoring its nuclear industry in the face of public hostility.

UPDATE 1-Russia says Ukraine agrees to fill gas storage for transit flow

VIENNA, June 3 (Reuters) - Ukraine has agreed to pump enough gas into its storage facilities to maintain pressure in the system for Russian gas to reach Europe in winter, Russian Energy Minister Alexander Novak said on Wednesday.

Wild swings in U.S. crude oil baffles trade ahead of OPEC meet

NEW YORK, June 3 (Reuters) - A sudden wave of sell orders early on Wednesday, followed by a bout of buying a couple of hours later whipsawed U.S.

UPDATE 1-French govt backs Areva reactor unit sale, recapitalisation

PARIS, June 3 (Reuters) - The French government said on Wednesday it would recapitalise state-owned nuclear group Areva as it gave its backing for power company EDF's plan to take over its nuclear reactor business.

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