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  • DAVOS, Switzerland, Jan 25- Mercuria is seeking to sell up to a fifth of itself to a strategic investor within the next six months and is also looking to increase partnerships with China, its head said on Friday.

  • *Transport fuel demand falling in OECD countries- BP. *Other fuels to steal third of transport sector growth- BP. International oil company BP predicts worldwide oil demand growth of just 0.8 percent a year up to 2030- slower than for any other energy type and only half the projected total energy demand growth rate over the same period.

  • UPDATE 3-U.S. natgas glut weighs down Baker Hughes profits Wednesday, 23 Jan 2013 | 10:52 AM ET

    Jan 23- A glut of North American natural gas is weighing heavily on both drilling activity and pricing power for Baker Hughes Inc, the world's third-largest oilfield services company, which posted a 36 percent drop in quarterly profit on Wednesday.

  • Jan 23- Baker Hughes Inc, the world's third-largest oilfield services provider, reported a 36 percent fall in quarterly profit as both activity and pricing decreased in its main North American market. Larger rival Halliburton Co will reveal how it fared in an especially tough quarter for the industry when it posts fourth-quarter results on Friday.

  • Reuters World News Highlights at 2130 GMT, Jan 22 Tuesday, 22 Jan 2013 | 5:06 PM ET

    NIAMEY/ BAMAKO- Chadian forces advanced towards the Mali border on Tuesday as an African troop deployment and a U.S. military airlift swelled international support for French operations against Islamist rebels occupying the north of Mali.

  • 4 People Reported Wounded in Texas College Shooting Tuesday, 22 Jan 2013 | 3:02 PM ET

    Gunfire erupted on a Texas college Tuesday afternoon, wounding four people. One person was taken into custody and a second gunman was being sought, a U.S. official told The Associated Press.

  • HOUSTON, Jan 22- James Davis, the government's top witness in convicted swindler Allen Stanford's fraud trial, was sentenced on Tuesday to five years in prison for his role in a $7 billion Ponzi scheme. District Judge David Hittner cited Davis' cooperation with prosecutors when he handed down the punishment.

  • Stanford ex-CFO Davis gets 5-year prison sentence Tuesday, 22 Jan 2013 | 10:42 AM ET

    HOUSTON, Jan 22- James Davis, the government's top witness in convicted swindler Allen Stanford's fraud trial, was sentenced to 5 years in prison for his role in a $7 billion Ponzi scheme. Davis, who could have been sentenced to 30 years, told the court: "I am ashamed and I am embarrassed."

  • NEW YORK/ LONDON, Jan 18- Global prices for liquefied natural gas are rising toward record highs this year as increasing demand runs up against stuttering supply, threatening to drive up fuel costs in some of the world's biggest economies.

  • *Poland's LOT first to seek compensation from Boeing. TOKYO/ SEATTLE, Jan 17- Airlines scrambled on Thursday to rearrange flights as regulators around the world joined the United States in grounding Boeing Co's 787 Dreamliner passenger jets while battery-related problems are investigated.

  • U.S. shale boom redraws LPG market map Thursday, 17 Jan 2013 | 11:14 AM ET

    LONDON/ NEW YORK, Jan 17- Soaring U.S. exports of liquefied petroleum gas, a side product of the shale boom, are giving energy markets a taste of the tectonic changes they could see if and when the United States passes the milestone of exporting natural gas. It is a taste of things to come, very much so, "said Seth Kleinman, head of energy strategy at Citi Group in London.

  • TOKYO/ SEATTLE, Jan 17- Airlines scrambled on Thursday to rearrange flights as Europe, Japan and India joined the United States in grounding Boeing Co's 787 Dreamliner passenger jets while battery-related problems are investigated.

  • Jan 17- Europe, Japan and India on Thursday joined the United States in grounding Boeing Co's 787, a day after a second incident involving battery failure caused one of the Dreamliner passenger jets to make an emergency landing.

  • HOUSTON, Jan 15- Valero Energy Corp plans to run more cheap inland U.S. crude with a new unit to help process it at the company's Houston refinery. At the presentation on Jan. 8, the world's largest independent refiner unveiled a plan to spend $220 million to $280 million to build a crude oil "topper" at its 90,000 barrels-per-day refinery in Houston.

  • *NERC wants to see Texas plan by April 30. *Texas regulators divided on long-term solution. HOUSTON, Jan 14- The top U.S. power grid watchdog has turned up the heat on Texas to address a looming shortage of electric capacity that increases the likelihood of rolling outages.

  • HOUSTON, Jan 14- The top U.S. power grid watchdog has turned up the heat on Texas to address a looming shortage of electric capacity that increases the likelihood of rolling outages.

  • TOKYO/ SEATTLE, Jan 13- Japan Airlines Co said on Sunday that a Boeing Co 787 Dreamliner jet undergoing checks in Tokyo following a fuel leak at Boston airport last week had leaked fuel during tests earlier in the day. The jet is out of service after spilling about 40 gallons of fuel onto the airport taxiway in Boston due to a separate valve-related problem.

  • NEW YORK, Jan 10- Prominent banks and hedge funds have fled the natural gas market due to the sharp decline in prices but Bill Perkins, a trader at the now-defunct commodity hedge fund Centaurus Energy, says there is still plenty of money to be made there.

  • Jan 8- Alcoa Inc reported a fourth-quarter profit on Tuesday as cost cuts helped offset a drop in aluminum prices. For the fourth quarter, the company reported net income of $242 million, or 21 cents per share, compared with a net loss of $191 million, or 18 cents per share, in the year-ago period.

  • Jan 8- Alcoa Inc reported a fourth-quarter profit on Tuesday as cost cuts helped offset a drop in aluminum prices. For the fourth quarter, the company reported net income of $242 million, or 21 cents per share, compared with a net loss of $191 million, or 18 cents per share, in the year-ago period. BRIDGET FREAS, ANALYST WITH MORNINGSTAR INC, CHICAGO:.