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Russia refinery upgrades change face of European gasoil market

Assessing the changing face of the European gasoil market after Russian refinery upgrade projects led to lower sulfur gasoil exports.

EU charges Russia's Gazprom with alleged market abuse

Assessing the latest charges against Gazprom for alleged market abuse in CEE and the potential impact it might have on gas supply, prices.

UPDATE 1-Noble Corp's profit beats as contract drilling margins rise

April 29 (Reuters) - Noble Corp Plc reported a better-than-expected quarterly profit as higher margins from contract drilling services helped offset losses from retirement of rigs due to a slump in oil prices.

BP, union make tentative deal to end Whiting refinery strike

HOUSTON, April 29 (Reuters) - BP Plc and the United Steelworkers union (USW) reached a tentative agreement on Wednesday to end an 11-week strike by hourly workers at the company's Whiting, Indiana, refinery.

Brazil's Petrobras names new board members

RIO DE JANEIRO, April 29 (Reuters) - Shareholders of Petrobas, Brazil's state-run oil producer, elected new members to the board of directors on Wednesday, outgoing board member Silvio Sinedino told Reuters.

Offshore driller Noble Corp's profit falls 30 pct

April 29 (Reuters) - Offshore driller Noble Corp Plc reported a 30.4 percent fall in quarterly profit as the company retired rigs due to a slump in crude oil prices.

McConnell suggests Obama plan to cut power emissions won't stick

WASHINGTON, April 29 (Reuters) - The U.S.

UPDATE 1-GM likely to cease vehicle production in Venezuela in July

April 29 (Reuters) - General Motors Co said it is likely it will cease vehicle production in Venezuela in July as the automaker joins other U.S. corporations in taking action to shield their profits from the South American country's volatile currency.

China solar expansion needs billions from wary investors

* Banks wary of lending to sector after global crisis defaults

UN Libya envoy says 'difficult to be optimistic' about peace deal

UNITED NATIONS, April 29 (Reuters) - The United Nations Libya mediator said on Wednesday it was "difficult to be optimistic" a peace deal could be reached, but the aim was to try and broker agreement on a unity government before the Muslim fasting month of Ramadan starts in mid-June.

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