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U.S. West Coast gasoline prices rise at record pace: EIA

SAN FRANCISCO, March 2 (Reuters) - Retail prices for regular gasoline in West Coast states rose a record 37.2 cents a gallon since last week to $3.12 a gallon on Monday, the U.S. Energy Information Administration (EIA) said.

BP resumes operations of crude unit at Whiting refinery

BP has resumed operations of the second largest crude unit at the company’s 413,500bpd refinery in Whiting, Indiana, US.

Thailand’s Star Petroleum Refining to sell 30% stake in IPO

Thai oil refiner Star Petroleum Refining (SPRC) is planning to divest at least 30% stake in an initial public offering (IPO).

REFILE-UPDATE 1-Nabors swings to loss in 4th-qtr as drilling activity slows

March 2 (Reuters) - Offshore driller Nabors Industries Ltd swung to a quarterly loss, hurt by a fall in drilling activity amid a slump in global crude prices.

REFILE-Nabors posts quarterly loss as drilling activity slows

March 2 (Reuters) - Offshore driller Nabors Industries Ltd reported a quarterly loss, hurt by lower drilling activity amid a slump in global crude prices.

Cakra bids for Cokal in play for Indonesia coal project

MELBOURNE, March 3 (Reuters) - Indonesian firm Cakra Mineral Tbk has offered at least A$70 million ($54 million) to take over Australian miner Cokal Ltd, looking to get its hands on a coal project in central Kalimantan.

UPDATE 2-Tullow falls on worries legal dispute could delay Ghana project

LONDON, March 2 (Reuters) - Tullow Oil lost over 200 million pounds ($308 million) of its market value on Monday, hit by concerns that a boundary dispute between Ivory Coast and Ghana could delay a project off the coast of West Africa.

UPDATE 1-Petrobras to sell $13.7 bln in assets in 2015 and 2016

SAO PAULO, March 2 (Reuters) - Petróleo Brasileiro SA plans to dispose of as much as $13.7 billion in assets this year and next as part of efforts by Brazil's largest state-controlled company to reduce debt and protect cash.

UPDATE 1-Libya's elected parliament agrees to return to UN talks

* Power struggle risks tearing Libya apart (Adds details from attacks, Haftar appointment)

UPDATE 2-Indonesia sets Newmont deadline for Freeport smelter deal

JAKARTA, March 2 (Reuters) - Newmont Mining Corp's Indonesian copper export permit will not be renewed beyond March 19 unless it strikes a deal with Freeport-McMoRan Inc to invest in the latter's planned smelter, a mines ministry official said on Monday.

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