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Argentina cuts March export taxes on biodiesel

BUENOS AIRES, May 6 (Reuters) - Argentina's government on Wednesday cut export taxes on biodiesel retroactively for March to 5 percent from 8.9 percent in a bid to support a sector hurt by the fall in oil prices and by trade obstacles with the European Union.

OTC 2015, Day 3 — Show me the numbers: Data for oil and gas tech

Data was a recurring subject Wednesday at the conference, particularly in an afternoon session that featured the third big player in Houston’s industry landscape, aerospace. More specifically, NASA.

Mad Men face a challenge selling Australian coalseam gas

Australian companies are looking for ways to show natural gas -- including that from coalseam projects -- is still desirable, productive or exciting.

Exxon says breakdown in unit caused flaring at Torrance refinery

May 6 (Reuters) - Exxon Mobil Corp said a breakdown related to an unspecified unit caused flaring at its 149,500-barrel-per-day refinery in Torrance, California, on Wednesday.

Oil prices fall after hitting 2015 highs

* Prices hit 2015 highs after first U.S. stock draw since Jan

RPT-COLUMN-US refineries run hard to absorb crude glut: Kemp

LONDON, May 6 (Reuters) - U.S.

UPDATE 2-Tesla posts wider loss, highlights energy storage demand

* Dollar squeezes Model S margins (Adds details on cash reserves, energy storage outlook)

UPDATE 1-Marathon Oil posts Q1 loss, sticks to production outlook

HOUSTON, May 6 (Reuters) - Marathon Oil Corp, an independent exploration and production company, reported a first-quarter loss on Wednesday as tumbling oil prices sliced its revenue nearly in half.

Bank of America's new policy to limit credit exposure to coal

WASHINGTON, May 6 (Reuters) - Bank of America announced Wednesday it will reduce its financial exposure to coal companies, acknowledging the risk that future regulation and competition from natural gas pose on the industry.

UPDATE 1-Yemen urges ground intervention to save country: letter to U.N.

UNITED NATIONS, May 6 (Reuters) - Yemen urged the international community "to quickly intervene by land forces to save" the country, specifically in the cities of Aden and Taiz, according to a letter sent to the United Nations Security Council on Wednesday.

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