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China's new oil import policy positive for quality, prices- governor

BEIJING, March 7 (Reuters) - China's decision to allow more independent oil refiners to import crude oil will help to improve fuel quality and lower domestic fuel prices, the governor of Shandong province, the country's hub of small refineries, said.

China could struggle to meet 2020 nuclear targets - exec

BEIJING, March 7 (Reuters) - China could struggle to meet its 2020 nuclear energy targets with the industry still waiting on a cautious government to speed up the approval process, a senior industry executive said on Saturday.

UPDATE 1-Whiting reported to be seeking buyer, but source says not aware

WILLISTON, N.D., March 6 (Reuters) - Whiting Petroleum Corp , North Dakota's largest oil producer, is seeking a possible buyer, according to the Wall Street Journal, but a person familiar with the board's thinking told Reuters he was not aware of any such plan.

UPDATE 2-Top Brazilian politicians investigated in Petrobras scandal

BRASILIA, March 6 (Reuters) - Brazil's Supreme Court will investigate the speakers of both houses of Congress and 32 other sitting politicians in connection with a multibillion-dollar kickback scheme at state-controlled oil company Petrobras .

Ecuador slaps new tariffs on one-third of its imports

QUITO, March 6 (Reuters) - Ecuador will impose a new set of variable tariffs on one-third of all its imports in an attempt to protect its oil-reliant economy, which has been hit by the plunge in global crude prices, the government said on Friday.

U.N. experts concerned Libya arms could be diverted to militias

UNITED NATIONS, March 6 (Reuters) - U.N.

Brazil political leaders probed in Petrobras graft scandal

BRASILIA, March 6 (Reuters) - Brazil's Supreme Court has agreed to investigate dozens of politicians, including the top leaders of Congress, in connection with a multibillion-dollar kickback scam at state-run oil company Petrobras, a court official said on Friday.

BP drops bid to oust Gulf spill claims administrator

March 6 (Reuters) - BP Plc on Friday ended its bid to oust the administrator overseeing payouts to businesses and individuals claiming damages arising from the 2010 Gulf of Mexico oil spill, citing steps the administrator has taken to reduce the threat of fraud.

UPDATE 3-Militants attack Libyan oilfield, 11 guards dead

BENGHAZI, Libya, March 6 (Reuters) - Militant gunmen attacked Libya's al-Ghani oilfield on Friday, killing 11 guards, beheading some of them, before local forces fought back to retake control, an oil security official said.

UPDATE 1-Obama notes concerns over "dirty" Keystone oil extraction

COLUMBIA, S.C., March 6 (Reuters) - U.S.

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