NEW YORK, March 7- Famed oil bull Andy Hall's hedge fund rose nearly 8 percent in February in its biggest monthly gain in 2-1/ 2 years, boosted by a rally in crude oil that could help Occidental Petroleum's chances of selling its stake in the fund.» Read More
NEW YORK/ WASHINGTON, March 6- The U.S. Department of Transportation on Thursday modified rules governing the testing of crude transported by rail from North Dakota.
Senator Bob Corker, a Tennessee Republican, asked Burns if "it would be fair to say" there are active discussions at such levels about how to use natural gas to assist in dealing with European reluctance to enact sanction over the Ukraine crisis, as well as with Ukraine.
*Crimean parliament votes to join Russia. Crimea's Moscow- backed parliament voted to allow the southern Ukrainian region to become part of Russia on Thursday, as the U.S. ordered asset freezes and travel bans on a list of individuals it said were involved in Russia's military intervention.
LONDON, March 6- As bankers, traders and investors gathered at Gazprom's London offices for its annual champagne reception, the message from the world's most powerful gas trader was clear: the Russians don't want another gas war with Ukraine.
James Clunie, manager at Jupiter Absolute Return, says investors have to take a bit of a risk and advises going for stocks that are "out of fashion, cheap and unloved" such as oil majors.
JOHANNESBURG, March 6- Foreigners stayed away from Nigeria's latest Treasury bill auction, the first since the suspension of the central bank's graft-fighting governor, in a sign that investor confidence is yet to recover after the banker's removal. Nigeria offered 180 billion naira in Treasury bills on Wednesday, with a similar amount maturing this week.
*Crimean parliament votes to join Russia. Crimea's parliament voted to join Russia and the United States announced asset freezes and travel bans on those involved in Russia's military intervention. "There's no strong appetite to go head to head with Russia.
CNBC's Jackie DeAngelis reports on natural gas inventories. Today's drawdown is a bullish number for traders.
Energy experts at IHS Ceraweek say market dynamics will keep the lid on prices of U.S. natural gas even if more expensive techniques are used to extract it.
LONDON, March 6- BP Plc said regulators from the United States and Asia have asked it for information after the European Commission's started an investigation last year into suspected manipulation of oil prices. London- based BP, Europe's second-largest oil company, made the disclosure in its annual report released on Thursday.
LONDON, March 6- Egypt is enhancing exploration terms and striving to repay nearly $5 billion it owes to foreign oil and gas producers as it struggles to prevent them fleeing to more promising prospects elsewhere in Africa. But investors are hesitant- Egypt pays them barely enough to cover investment costs.
*EU leaders set to warn, not sanction Russia. LONDON, March 6- Brent crude reversed gains made earlier on Thursday after Crimea's parliament voted unanimously to join Russia, even as the West and Russia engaged in high-stakes diplomacy to cool the crisis in Ukraine.
China, India and other countries are spending billions of dollars to acquire U.S. oil and gas assets and gain access to proprietary energy technology.
State giants China National Petroleum Corporation, Sinopec Corp and China Railway Corporation have said they were seeking investments from private capital and also social capital, or funds sourced from pension funds and insurance companies.
LONDON, March 6- Brent crude steadied around $108 a barrel on Thursday as the West and Russia engaged in high-stakes diplomacy to cool the crisis in Ukraine. The North Sea benchmark has fallen $4 since peaking on Monday, when investors grew concerned over the crisis between Ukraine and Russia.
*Greece says Ukraine gas disruption' worst scenario'. BRUSSELS, March 6- European Union countries such as Poland and Greece are worried they may face gas shortages and economic damage if Russia stops pumping the fuel to Ukraine, with Kiev facing a Friday deadline to pay Moscow a $2 billion energy bill.
March 6- Canadian Natural Resources Ltd, Canada's No.2 oil and gas company, reported a 17 percent rise in quarterly profit, helped by higher output at its Pelican Lake project in Alberta.
*West, Russia to continue Ukraine talks, says U.S. SINGAPORE, March 6- Brent crude held steady just below $108 a barrel on Thursday, as investors looked for direction after easing geopolitical risk over the crisis in Ukraine and U.S. data suggesting weaker oil demand prompted a heavy sell-off over the past two days.
*West, Russia to continue Ukraine talks, says U.S. SINGAPORE, March 6- Brent crude held steady just below $108 a barrel on Thursday, as investors looked for direction after a heavy sell-off in the two previous sessions prompted by easing geopolitical risk over the crisis in Ukraine and U.S. data suggesting weaker oil demand.
SEOUL, March 6- U.S. crude oil futures retreated to below $101 a barrel on Thursday in early Asian trade on expected weak demand during refinery maintenance season in the United States and Europe, while geopolitical risks over Ukraine eased.