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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.

UPDATE 2-Brazil banks want higher rates in power sector loan -sources

SAO PAULO/BRASILIA, March 6 (Reuters) - Brazil's three biggest private-sector banks want to participate in the structuring of an emergency loan to bolster the nation's power distributors as long as borrowing costs reflect higher risks and a longer maturity, three sources with direct knowledge of the negotiations said on Friday.

UPDATE 3-U.S. oil rig count hits lowest since April 2011 -Baker Hughes

March 6 (Reuters) - The number of U.S.

Obama notes concerns over 'extraordinarily dirty' Canada oil extraction

COLUMBIA, S.C., March 6 (Reuters) - President Barack Obama on Friday repeated concerns that the Keystone XL crude oil pipeline project will only create "about 300" permanent jobs and poses environmental concerns.

EU may send team to Libya if peace talks succeed

RIGA, March 6 (Reuters) - The European Union might send a team to Libya to monitor a ceasefire or to protect infrastructure if United Nations-backed peace talks lead to a settlement between contending factions, the EU's head of foreign policy said on Friday.

UPDATE 2-Jefferies cuts commodities jobs in New York, Chicago -sources

NEW YORK, March 6 (Reuters) - Investment bank Jefferies Group LLC, owned by Leucadia National Corp, has cut about 20 jobs in its commodities futures brokerage in New York and Chicago, three sources familiar with the cuts said on Friday.

Oil and gas sector tarnishes strong U.S. jobs report

NEW YORK, March 6 (Reuters) - The U.S.

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