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CORRECTED-(OFFICIAL)-Canada's oil sands cash flows to fall by $23 bln in 2 years - consultancy

CALGARY, Alberta, Feb 24 (Reuters) - Oil sands cash flows will fall by $23 billion in the next two years, energy consultancy Wood Mackenzie said in a report on Tuesday, as low global petroleum prices make it less economical to extract bitumen from northern Alberta.

Obama to veto Keystone XL pipeline bill Tuesday -White House

WASHINGTON, Feb 24 (Reuters) - U.S. President Barack Obama will veto on Tuesday a bill that would have allowed Congress to approve the Keystone XL oil pipeline from Canada, White House spokesman Josh Earnest said.

UPDATE 1-France and Italy call for accord among Libyan factions

PARIS, Feb 24 (Reuters) - Italy and France called on Tuesday for an accord among warring factions in Libya and said the world could not ignore near-anarchy there which was undermining regional security and feeding a growing migrant crisis.

UPDATE 1-Saras leaves door open for dividend as low oil prices boost margins

MILAN, Feb 24 (Reuters) - Italian refiner Saras is not ruling out a dividend on 2015 results after lower oil prices helped to boost its fourth quarter earnings and turn it cash positive.

Pipeline politics: new gas route revives Russian rivalry with West

BUDAPEST/PRAGUE, Feb 24 (Reuters) - Thwarted in one attempt to build a gas pipeline to southeast Europe, the Kremlin is working with a small circle of allies to lay the groundwork for an alternative that would help it maintain leverage in its rivalry with the West.

Sudan police teargas protesters in Khartoum

KHARTOUM, Feb 24 (Reuters) - Police in Sudan fired tear gas and baton-charged on Tuesday to break up a rally in the capital held to protest against the death of a woman who had earlier demonstrated against government land policies, witnesses said.

Former Petrobras executive charged with taking bribes

BRASILIA, Feb 24 (Reuters) - Prosecutors on Tuesday accused a former senior Petrobras executive of racketeering, bribery and money laundering through Switzerland and Uruguay in a widening kickback scandal that has engulfed Brazil's state-run oil company.

UPDATE 2-EU politicians back 2018 reform of carbon market in preliminary vote

BRUSSELS/LONDON, Feb 24 (Reuters) - European politicians voted on Tuesday to launch reforms to strengthen the EU carbon market by the end of 2018, earlier than a European Commission proposal of 2021 but later than traders had anticipated, depressing carbon prices.

US EPA pleads for some RFS understanding

Chris Grundler of the EPA gave a heartfelt apology for the EPA’s chronic inability to issue the annual RFS rules on time -- and a plea for understanding.

Union chief says U.S.refinery strike could spread

HOUSTON, Feb 24 (Reuters) - United Steelworkers union (USW) International President Leo Gerard said on Tuesday that the U.S. refinery strike could spread if talks do not resume soon.

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