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RIO DE JANEIRO, Feb 27 (Reuters) - Brazil's Braskem SA , Latin America's largest petrochemical company, said on Friday it had agreed to a revised naphtha supply contract with shareholder Petrobras, staving off a threatened shutdown of its Brazilian plants.

WASHINGTON, Feb 27 (Reuters) - Talks on curbing Iran's nuclear program have made substantial progress, a senior U.S.

RIO DE JANEIRO, Feb 27 (Reuters) - Brazil's embattled state-run oil company Petroleo Brasileiro SA said on Friday that the director of its corporate-services division will take a 90-day leave of absence for health reasons.

WASHINGTON, Feb 27 (Reuters) - Negotiations on an agreement to curb Iran's nuclear program have advanced substantially, but difficult issues remain and a senior U.S.

WASHINGTON, Feb 27 (Reuters) - Negotiations on an agreement to curb Iran's nuclear program have advanced substantially, but difficult issues remain and there is no reason to expect a deal in the coming week, a senior U.S. official said on Friday.

RIO DE JANEIRO, Feb 27 (Reuters) - Brazil's embattled state-run oil company Petroleo Brasileiro SA, said on Friday that its director of the company's powerful corporate services division will take a 90-day leave of absence on health grounds.

NEW YORK, Feb 26 (IFR) - Exploration and production companies are bracing for a sustained period of low commodity prices by deleveraging through stock sales - and well-funded firms are surprisingly leading the way.

UNITED NATIONS, Feb 27 (Reuters) - China on Friday questioned the logic behind a U.S.

WASHINGTON, Feb 27 (Reuters) - The White House said on Friday the United States is hopeful that it can hold together the coalition of countries working toward an agreement with Iran on its nuclear capabilities.

Feb 27 (Reuters) - Drilling contractor Hercules Offshore Inc's shares fell as much as 33 percent to a record low on Friday, a day after Deutsche Bank cut its price target on the company's stock to $0.

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