Energy Update

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

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.

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

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.

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.

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.

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

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.

BENGHAZI, Libya, March 2 (Reuters) - Islamist militants shelled Libya's Bahi and Mabrouk oilfields on Monday, damaging a pipeline to the Es Sidra oil port, a spokesman for forces protecting energy infrastructure said.

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