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Oil prices dip as rising U.S. output offsets OPEC-led cuts

SINGAPORE, Jan 27 (Reuters) - Oil prices dipped on Friday,
with rising crude output from the United States offsetting
efforts by OPEC and other producers to cut supplies to prop up
the market.

RPT-COLUMN-U.S. gasoline stock build weighs on prices and margins: Kemp

LONDON, Jan 26 (Reuters) - U.S. gasoline stocks are rising
faster than normal for the time of year and are starting to put
pressure on prices and refining margins.

British lawmakers urge May to tackle Trump on climate change

LONDON, Jan 27 (Reuters) - British lawmakers have written to
Prime Minister Theresa May, urging her to challenge U.S.
President Donald Trump on his views on climate change when the
two leaders meet on Friday.

DEWA signs MoU with National Energy Technology Laboratory

Dubai Electricity and Water Authority (DEWA) has signed a Memorandum of Understanding (MoU) with National Energy Technology Laboratory (NETL), which operates under the US Department of Energy, and specialises in energy security, and the Research and Development (R&D) of coal, natural gas, and oil technology.

Small hole caused Canadian oil pipeline spill -officials

Jan 26 (Reuters) - A small hole on a weld between two
segments of a shallow four-inch pipe has been discovered on a
pipeline that leaked some 200,000 liters (52,834 gallons) of oil
onto aboriginal land in Saskatchewan last week, provincial
officials said on Thursday.

TransCanada re-submits application for Keystone XL pipeline

Jan 26 (Reuters) - TransCanada Corp said on
Thursday it submitted a presidential permit application to the
U.S. Department of State for the approval of the Keystone XL
pipeline.

Brazil's Petrobras reduces diesel and gasoline prices at refineries

SAO PAULO, Jan 26 (Reuters) - Brazil's state-run oil company
Petroleo Brasileiro SA announced on Thursday it is reducing
diesel and gasoline prices at refineries, reflecting the fall in
international petroleum products prices and the appreciation of
the local currency against the dollar.

UPDATE 5-Brazil police seek former billionaire Batista in graft probe

* Lawyers say Batista abroad, will turn himself in

(Adds statements from Batista representatives, OSX, MMX)

UPDATE 8-Oil up 2 pct on stock market, but U.S. supply caps gains

* Dow holds above 20,000 at open; S&P, Nasdaq touch record
highs

U.S. judge approves Braskem $633 mln fine in record corruption case

NEW YORK, Jan 26 (Reuters) - A U.S. judge on Thursday
sentenced the Brazilian petrochemical company Braskem SA
to pay a $632.6 million criminal fine, in connection
with a corruption case that led to the largest foreign bribery
settlement in U.S. history.

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