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  • Venezuela's PDVSA: Let's make a deal on Citgo Wednesday, 10 Sep 2014 | 8:28 AM ET
    Caracas, Venezuela.

    Venezuela's state-run oil company is seeking offers for its U.S. unit Citgo Petroleum in a deal that could fetch up to $10 billion.

  • NEW YORK, Sept 10- Morgan Stanley's unorthodox plan to export U.S. compressed natural gas could give the Wall Street bank quick access to emerging Caribbean markets- if it can find a way to ship the fuel in bulk after decades of other failed attempts.

  • NEW YORK, Sept 9- Venezuela's state-run oil company PDVSA is seeking preliminary offers for its U.S. unit Citgo Petroleum Corp by the end of September, a deal that could fetch up to $10 billion, according to two people familiar with the matter.

  • NEW YORK/ WILMINGTON, DELAWARE, Sept 9- Puerto Rico's indebted power authority better get used to some tough love from its new chief restructuring officer, Lisa Donahue, who has earned a reputation for decisiveness, hard work and a cold-blooded devotion to cutting costs.

  • Oil producers in condensate-heavy shale crude plays like the Eagle Ford and the western Permian Basin in Texas also could fetch better condensate prices if exported, as U.S. refiners have limited demand for it.

  • HOUSTON, Sept 8- In June 2013, activist investors got the board of SandRidge Energy Inc to fire its CEO Tom Ward, arguing that he had mismanaged the Oklahoma City company and destroyed billions in shareholder value.

  • BUSINESS-NEWS-SCHEDULE AT 2000 GMT/4 PM ET Sunday, 7 Sep 2014 | 4:08 PM ET

    LONDON- The British government is scrambling to respond to a lurch in the opinion polls towards a vote for Scottish independence this month by promising a range of new powers for Scotland if it chooses to stay within the United Kingdom.

  • NEW YORK/ LOS ANGELES, Sept 4- U.S. fast-food workers staged protests in some 150 cities on Thursday in a fight for higher pay, and organizers said more than 450 were arrested from Manhattan's Times Square to Los Angeles. About 400 protesters clogged Times Square during morning rush hour in the latest of ongoing actions aimed at raising their wage to $15 an hour.

  • *BP shares fall 5 percent in U.S. trading. HOUSTON, Sept 4- BP Plc was "grossly negligent" for its role in the oil spill in the Gulf of Mexico four years ago, a U.S. district judge said on Thursday in a ruling that could add billions of dollars in fines to the more than $42 billion in charges taken so far for the worst offshore disaster in U.S. history.

  • CARACAS, Sept 3- President Nicolas Maduro has reshuffled his cabinet in a bid to boost his popularity but shows no sign of revamping Venezuela's troubled economy, meaning prospects of gasoline price hikes and a unification of Byzantine currency controls have dimmed.

  • U.S. regulators adopted tighter standards on liquidity requirements for large banks, part of a global effort to make big banks such as JPMorgan Chase and Citigroup more resilient in a future financial crisis. "For us, it's quite simple," said Ronald C. Green, chief financial officer of Houston, Texas.

  • CARACAS, Sept 3- Venezuelan President Nicolas Maduro has reshuffled his cabinet in a bid to boost his popularity but shows no sign of revamping the troubled economy, meaning prospects of gasoline price hikes and a unification of Byzantine currency controls have dimmed.

  • UPDATE 1-Citi sells more branches in Texas to BB&T Wednesday, 3 Sep 2014 | 10:44 AM ET

    Sept 3- Citigroup Inc agreed to sell another 41 branches in Texas to BB&T Corp as the third-largest U.S. bank cuts back on brick-and-mortar outlets and focuses on online banking. Citi said on Wednesday its branch network in Texas did not provide the scale to capture future growth and market share in traditional retail banking.

  • BB&T to buy 41 branches in Texas from Citi Wednesday, 3 Sep 2014 | 9:12 AM ET

    Sept 3- BB&T Corp agreed to buy 41 branches in Texas from Citigroup Inc, adding to the 21 it had acquired last December in the state from Citi.

  • BP says Whiting refinery still in production after fire Thursday, 28 Aug 2014 | 5:43 AM ET
    A gas truck pulls into the tanker farm at BP's refinery in Whiting, Indiana

    BP said its largest U.S. refinery, at Whiting, Indiana, continued to operate on Thursday morning following a blaze the night before.

  • Aug 28- An explosion shook BP Plc's Whiting, Indiana refinery, its largest in the United States, on Wednesday night but a resulting fire had been contained as of 9:30 pm local time, according to a report by WFLD-TV.

  • NEW YORK, Aug 27- U.S. stocks were little changed on Wednesday, with the S&P 500 creeping up to another record closing high in a lethargic session, though a number of retail stocks traded heavily after reporting results.

  • HOUSTON, Aug 26- A tanker loaded with $100 million of Kurdish crude oil cannot be delivered in Texas soon because of risks for buyers as Iraq mulls further legal challenges, so a month-long standoff will drag on, a source close to the matter said on Tuesday.

  • HOUSTON, Aug 26- A tanker loaded with $100 million of Kurdish crude oil cannot be delivered in Texas soon because of risks for buyers as Iraq mulls further legal challenges, so a month-long standoff will drag on, a source close to the matter said on Tuesday.

  • HOUSTON, Aug 25- A U.S. court on Monday threw out an order to seize some 1 million barrels of disputed Iraqi Kurdish crude oil from a tanker near Texas, a move that could allow the cargo to be delivered and end a nearly month-long impasse.