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RPT-COLUMN-Iron ore reality check shows small, but significant change: Russell

--Clyde Russell is a Reuters columnist.

UPDATE 1-China appoints new chairmen at top three oil companies

BEIJING, May 4 (Reuters) - China has appointed new chairmen for the country's top three energy groups, according to company statements on Monday, in a top-down reshuffle of the industry which faces the challenges of spending cuts, low oil prices and easing demand.

Former U.S. President Clinton: nothing 'sinister' about foundation donations

WASHINGTON, May 4 (Reuters) - Former U.S.

UPDATE 1-Diamond Offshore scraps rigs as demand weakens

May 4 (Reuters) - Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, said it was scrapping three rigs in the face of weak demand due to a steep fall in global crude prices.

Loews profit from continuing operations falls 59 pct

May 4 (Reuters) - Hotel, energy and financial services conglomerate Loews Corp reported a 59 percent drop in quarterly profit from continuing operations due to lower income from its energy and insurance subsidiaries.

U.S. oil delegation to visit Iran this week - Iranian official

ANKARA, May 4 (Reuters) - A U.S. delegation will visit Iran to review energy investment opportunities while Tehran negotiates a final deal with world powers on its nuclear programme, a senior oil ministry official told Mehr news agency on Monday.

Rig contractor Diamond Offshore reports loss

May 4 (Reuters) - Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a net loss compared with a year ago profit, mainly due to an impairment charge of $319 million as it wrote down the value eight rigs.

Tesla faces competition for customers, subsidies

LOS ANGELES, May 4 (Reuters) - Tesla Motors Inc's plan to generate new revenue by repackaging electric car batteries as home and business power storage systems faces stiff competition for both customers and the government subsidies that are critical to the market's growth.

UPDATE 1-Maersk meets Iranian officials over seized vessel

COPENHAGEN, May 4 (Reuters) - Maersk Line said on Monday it had met again with the Ports & Maritime Organization (PMO) in Iran regarding the seizure of the vessel Maersk Tigris but has yet to receive any official documents from Iranian authorities.

UPDATE 3-Oil hits 2015 high as traders look beyond ample current supply

LONDON, May 4 (Reuters) - Oil rose towards $67 a barrel on Monday to reach a 2015 high, supported by expectations the supply glut will ease and after weak Chinese factory activity reinforced views that stimulus measures would be rolled out.

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