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Saudi Arabia, partners turn down Chinese requests for extra oil

* Middle East crude flows to China down over 10 pct since January

REFILE-UPDATE 1-U.S. says South China Sea reclamations stoke instability

JAKARTA, May 20 (Reuters) - China's land reclamation around reefs in the disputed South China Sea is undermining freedom and stability, and risks provoking tension that could even lead to conflict, U.S.

Amid yachts of rich elite, Angola's poor crushed by oil price drop

LUANDA, May 20 (Reuters) - A halving of oil prices last year has increased hardship in Angola, one of the world's most unequal countries, and stirred resentment towards President Eduardo dos Santos, the leader of Africa's second largest crude exporter for the last 36 years.

U.S. says South China Sea reclamations stoking instability

JAKARTA, May 20 (Reuters) - China's land reclamation around reefs in the disputed South China Sea is undermining freedom and stability, and risks provoking tensions that could even lead to conflict, U.S. Deputy Secretary of State Antony Blinken told a conference in Jakarta.

UPDATE 1-Asian refiners forced to get creative to stay competitive

KUALA LUMPUR, May 20 (Reuters) - Faced with competition from mammoth new refineries in the Middle East and soft fuel demand in key markets, Asian refiners are trying a variety of tactics to cope from investing in refineries in emerging markets to using cheaper energy sources.

Gulfsands Petroleum to seek short-term funding from shareholders

May 20 (Reuters) - Oil and gas producer Gulfsands Petroleum Plc said on Wednesday it was planning to seek short-term financing from some of its shareholders to use as working capital.

Asian refiners forced to get creative to stay competitive

KUALA LUMPUR, May 20 (Reuters) - Faced with competition from mammoth new refineries in the Middle East and soft fuel demand in key markets, Asian refiners are trying a variety of tactics to cope from investing in refineries in emerging markets to using cheaper energy sources.

Japan's Tepco forced to revise business plan again as reactor restart delayed-source

TOKYO, May 20 (Reuters) - Tokyo Electric Power Co is revising once again its business outlook to assure its creditors it can repay debt built up after the Fukushima disaster as it struggles to restart nuclear operations, according a source familiar with the company's plans.

UPDATE 1-Shares in China's Hanergy plunge nearly 50 pct, trade halted

* Trade suspended pending announcement with inside information

Deficit, surplus or balance: What are the real fundamentals of the global nickel market?

The failure of the nickel market to enter a global deficit is highlighted by the large buildup of inventory in London Metal Exchange warehouses, says Greg Smart.

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