LIMA, Dec 13- Peru's Congress unanimously approved a free-trade pact with the European Union late on Wednesday, meaning the Andean country now has trade agreements with every major economy from China to Japan and the United States.
*Japan's trading houses have $63 bln in cash. TOKYO, Dec 13- Acquisitive Japanese trading houses will find the course clear of some of their toughest competitors in the race for Canadian energy assets after Ottawa said it would bar state-owned companies from taking majority stakes in oil sands assets.
*CNOOC wants deepwater expertise to drill in South China Sea. HONG KONG/ NEW YORK Dec 13- CNOOC Ltd's purchase of Canadian energy producer Nexen Inc may prove to be bittersweet if U.S. regulators block the Chinese state-run oil company from taking over Nexen's oilfields in the Gulf of Mexico.
SEOUL/ TOKYO- North Korea successfully launched a rocket on Wednesday, boosting the credentials of its new leader and stepping up the threat the isolated and impoverished state poses to opponents.
*OPEC curbs may be needed in 2013 as stocks swell. VIENNA, Dec 12- A new rivalry at the top of the OPEC oil producer group has emerged, pitting up-and-coming Iraq against undisputed cartel heavyweight Saudi Arabia. Having overtaken Iran as OPEC's second biggest producer, a rejuvenated Iraq is beginning to worry Riyadh.
*Iraq won't consider output restraint until 2014. VIENNA, Dec 12- A new rivalry at the top of the OPEC oil group has emerged, pitting up-and-coming Iraq against undisputed cartel heavyweight Saudi Arabia. Having overtaken Iran as OPEC's second biggest producer, a rejuvenated Iraq is beginning to worry Riyadh.
GUAYAQUIL, Ecuador, Dec 12- Ecuador's leftist government has provided little more than a "fast-food menu" of predictable socialist policies that need to be replaced with lower taxes and help for private companies, top opposition presidential candidate Guillermo Lasso said in an interview.
BRUSSELS, Dec 11- EU lawmakers approved free-trade accords with Colombia, Peru and six Central American nations on Tuesday, giving them permanent access to the EU's 500 million consumers and offering the EU's stagnant economy new markets for its cars and luxury goods.
BEIRUT- Syrian rebels clashed with forces loyal to President Bashar al-Assad near Damascus airport on Tuesday, battling for the capital's outskirts after 20 months of conflict which the United Nations said has driven half a million people from the country.
BRUSSELS, Dec 11- EU lawmakers approved free-trade accords with Colombia, Peru and six Central American nations on Tuesday, giving them permanent access to the EU's 500 million consumers and offering the EU's stagnant economy new markets for its cars and luxury goods.
*OPEC set to keep 30 million bpd output target. *OPEC experts see H1 2013 demand for OPEC crude at 29.25 mbpd. VIENNA, Dec 11- OPEC oil exporters look set this week to avoid a quarrel about how much crude they produce and argue instead about who should be the group's next secretary-general.
Oil prices are roughly where OPEC wants them- comfortably above $100 a barrel- but there is deadlock over who should replace Libyan Abdullah El-Badri as the public face of the organization.
*Algeria with Iran and Venezuela a lead OPEC price hawk. VIENNA/ ALGIERS, Dec 10- Social spending on the rise, oil output in decline and the price of its main earner natural gas sinking, Algeria has quietly joined Iran and Venezuela in OPEC as a hawk on oil prices.
*CNOOC must report back to Canada government annually. Defending the $15.1 billion takeover of Nexen, one of Canada's largest independent oil companies, in the face of grumbles from the left, Paradis said that Canada won "significant undertakings" from CNOOC.
*Canada approves CNOOC bid for Nexen, Petronas buy of Progress. *CNOOC agrees to commitments on transparency, investment, others.
*Canada approves CNOOC bid for Nexen, Petronas buy of Progress. *CNOOC agrees to commitments on transparency, investment, others.
DOHA, Dec 8- Ecuador believes it has the support of Iran and Qatar for its proposal for OPEC members to pay a small levy on their oil sales to help poor countries fight global warming, the chief climate negotiator from OPEC's smallest producer said. OPEC collectively exports more than 30 million barrels a day at over $100.
WASHINGTON, Dec 7- At least seven companies from China, India, South Korea and South Africa continued to have investments in Iran's oil and gas sectors in 2012 even as Tehran came under international scrutiny for its nuclear ambitions, a U.S. government watchdog said on Friday.
*Canada approves CNOOC bid for Nexen, Petronas Progress buy. NEW YORK/ OTTAWA, Dec 7- Canada approved China's biggest ever foreign takeover on Friday, the $15.1 billion bid from CNOOC Ltd for energy company Nexen Inc., but drew a line in the sand against future buys by state-owned enterprises.