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UPDATE 1-U.S. Senate confirms Tillerson as secretary of state

WASHINGTON, Feb 1 (Reuters) - The U.S. Senate confirmed Rex
Tillerson as President Donald Trump's secretary of state on
Wednesday, filling a key spot on the Republican's national
security team despite concerns about the former Exxon Mobil Corp
chief executive officer's ties to Russia.

U.S. Senate confirms former Exxon CEO as Secretary of State

WASHINGTON, Feb 1 (Reuters) - The U.S. Senate confirmed Rex
Tillerson as President Donald Trump's secretary of state on
Wednesday, filling a key spot on the Republican's national
security team despite concerns about the former Exxon Mobil Corp
chief executive's ties to Russia.

INSIGHT-As oil recovers, U.S. firms descend on the Permian Basin in West Texas

ODESSA, Texas, Feb 1 (Reuters) - In most U.S. shale oil
regions, energy firms are making strategic but cautious bets as
the price of oil holds above $50 a barrel.

Faced with U.S. retreat on climate change, EU looks to China

BRUSSELS, Feb 1 (Reuters) - Faced with a U.S. retreat from
international efforts to tackle climate change, European Union
officials are looking to China, fearing a leadership vacuum will
embolden those within the bloc seeking to slow the fight against
global warming.

UPDATE 2-U.S. Senate delays vote on Trump EPA pick after Democrats boycott

WASHINGTON, Feb 1 (Reuters) - Republican U.S. senators on
Wednesday delayed a committee vote on President Donald Trump's
pick to head the Environmental Protection Agency after the
panel's Democrats boycotted the meeting, saying that nominee
Scott Pruitt doubts the science of climate change.

Sudan says it wants to agree WTO membership this year

GENEVA, Feb 1 (Reuters) - Sudan wants to finalise its
membership of the World Trade Organization this year, its
international cooperation minister said on Wednesday as he
reopened talks on joining the world body after a 13-year hiatus.

N.C. Attorney General files injunction against Woodlake owners amidst prolonged dam safety concerns

The North Carolina Attorney General's Office has filed a court injunction against the German ownership group that owns the damaged Woodlake Dam in an effort to make it pay for dam safety repairs.

BlackRock makes energy acquisition as U.S. infrastructure policy looms

NEW YORK, Feb 1 (Reuters) - BlackRock Inc is pushing
further into the private infrastructure market with an agreement
to buy First Reserve Corp's Energy Infrastructure Funds unit.

Forestry firm UPM says eyeing next biofuel investment

HELSINKI, Feb 1 (Reuters) - Finnish pulp and paper maker
UPM-Kymmene is planning its next step in wood-based
renewable fuel products after a successful ramp-up at its
initial biofuels plant, the head of UPM's biofuels business said
on Wednesday.

UPDATE 2-Russian economy may be over the worst, returning to growth

MOSCOW, Feb 1 (Reuters) - The Russian economy, hurt by weak
energy prices and Western sanctions, returned to growth late
last year after seven quarters of contraction, official data
suggested on Wednesday.

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