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Nigeria's outgoing president approves 2015 budget

ABUJA, May 20 (Reuters) - Outgoing Nigerian President Goodluck Jonathan has approved the 4.5 trillion naira ($22.6 billion) budget for 2015, which was passed by parliament in late April, the president's spokesman said on Wednesday.

CORRECTED-UPDATE 1-Alfa, Harbour Energy offer to buy Pacific Rubiales for C$6.50/shr

May 6 (Reuters) - Pacific Rubiales Energy Corp said Mexican conglomerate Alfa Sab de CV and Harbour Energy Ltd have offered C$6.50 per share, valuing the oil and gas company at about C$2.05 billon ($1.70 billion).

NR Holdings, SUEK won't make offer for Asia Resource Minerals

May 20 (Reuters) - NR Holdings Ltd and Russian coal producer SUEK Plc said they would not make an offer for Asia Resource Minerals Plc.

Top energy firms tied to almost a third of greenhouse gases -study

PARIS, May 20 (Reuters) - Thirty-two energy companies led by Russia's Gazprom account for almost a third of all man-made greenhouse gas emissions if the burning of all the coal, oil and gas they produce is taken into account, a study said on Wednesday.

COLUMN-How do you lose 100 million barrels of oil? Kemp

LONDON, May 20 (Reuters) - Oil-market watchers are struggling to reconcile the large estimated oversupply in the market with the much smaller buildup of reported inventories and narrowing contango in futures prices.

'Great Fire' resurrects American hero who saved 250,000 in Turkey

BOSTON, May 20 (Reuters) - A forgotten and unlikely American hero has been resurrected by author Lou Ureneck in a new book about the ethnic cleansing of Smyrna, a cosmopolitan gem in the Ottoman Empire burnt to the ground in 1922.

France's Hollande concerned about slow progress in climate talks

PARIS, May 20 (Reuters) - French President Francois Hollande said he was worried about a lack of progress towards a United Nations climate deal in Paris in December and called on the financial sector to decarbonise its investment portfolios.

RPT-Oklahoma set to overturn local drilling controls as backlash brews

OKLAHOMA CITY/WASHINGTON, May 20 (Reuters) - Facing a backlash over the side effects of its oil and gas boom, Oklahoma is poised to overturn an 80-year-old statute that allows cities and towns to ban drilling operations within their borders.

RPT-Flood of new cash sustains US oil firms; energy dealmakers gripe

HOUSTON, May 20 (Reuters) - U.S. oil companies, still smarting from the crude price rout, are attracting a wave of new investment from unlikely sources - hedge funds and private equity firms flocking to the energy market for the first time to bet on a rebound.

Obama: climate change poses risk to US military, national security

WASHINGTON, May 20 (Reuters) - Rising seas, thawing permafrost and longer wildfires caused by warmer global temperatures threaten U.S. military bases and will change the way the U.S. armed services defend the country, President Barack Obama is set to say on Wednesday.

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