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  • WASHINGTON, April 1- General Motors CEO Mary Barra, under intense grilling by members of the U.S. Congress, on Tuesday said she found employee statements "disturbing" that cost considerations may have discouraged the prompt replacement of faulty ignition switches now linked to at least 13 fatalities.

  • *Supply falls by 340,000 bpd, led by Iraq, Angola, Libya. Supply from the Organization of the Petroleum Exporting Countries averaged 29.72 million barrels per day, down from a revised 30.06 million bpd in February, according to the survey based on shipping data and information from sources at oil companies, OPEC and consultants.

  • LAUSANNE, April 1- The world's regulators should stop worrying whether trading houses are "too big to fail" and focus instead on ensuring that new rules are not forcing far too many deals through clearing houses, major commodity traders said on Tuesday.

  • *Russia, West in standoff over Ukraine. *Rosneft building LNG plant with ExxonMobil. MOSCOW, April 1- Russia's Rosneft, said on Tuesday it was on track to start production at its first liquefied natural gas plant in the country's far east in 2018-2019, despite East-West tension over Ukraine.

  • *Supply falls by 340,000 bpd, led by Iraq, Angola, Libya. Supply from the Organization of the Petroleum Exporting Countries averaged 29.72 million barrels per day, down from a revised 30.06 million bpd in February, according to the survey based on shipping data and information from sources at oil companies, OPEC and consultants.

  • WASHINGTON, April 1- The U.S. Congress will try to establish who is to blame for at least 13 auto-related deaths over the past decade, as public hearings are launched on Tuesday on General Motors Co's slow response to defective ignition switches in cars.

  • NEW YORK, March 31- Last year's spike in the price of ethanol blending credits cost independent refiners at least $1.35 billion, more than three times as much as the year before, according to a Reuters' review of securities filings.

  • BP raises estimate for Lake Michigan oil spill Friday, 28 Mar 2014 | 11:01 AM ET
    BP refinery October 12, 2007 in Whiting, Indiana.

    More oil than supposed may have leaked into Lake Michigan from BP's Indiana refinery, the company said after meeting with two U.S. Senators.

  • WASHINGTON, March 27- More oil than previously thought may have leaked into Lake Michigan this week from BP Plc's Indiana refinery, the company said on Thursday, after two U.S.

  • The 2,858- mile pipeline would link trillions of dollars worth of oil in land-locked fields in the western province of Alberta to an Atlantic port in the Irvings' eastern home province of New Brunswick, north of Maine, creating a gateway to new foreign markets for Canadian oil.

  • BP spills again, this time in Lake Michigan     Wednesday, 26 Mar 2014 | 3:47 PM ET

    Oil giant BP is dealing with an oil spill at its Whiting refinery in Whiting, Ind., reports CNBC's Jackie DeAngelis.

  • NEW YORK, March 26- Between nine and 18 barrels of oil spilled into Lake Michigan from BP Plc's Whiting refinery in Indiana after a malfunction on Monday, the U.S. Coast Guard confirmed on Wednesday. The amount of oil spilled is based on an initial visual estimate and may change, a U.S. Coast Guard spokesman said.

  • NEW YORK, March 26- Between 9 and 18 barrels of oil spilled into Lake Michigan from BP Plc's Whiting refinery in Indiana after a malfunction on Monday, the U.S. Coast Guard confirmed on Wednesday. About 5,000 square yards of water was coated in an oily sheen and oil slicks could be seen on the shore and rocks, BP said in its initial report to the EPA.

  • BP spill contained     Wednesday, 26 Mar 2014 | 1:12 PM ET

    BP says a malfunction at its Whiting refinery in Indiana let crude oil into Lake Michigan, reports CNBC's Sue Herera.

  • Big oil firms crack the whip over service companies Wednesday, 26 Mar 2014 | 8:13 AM ET

    *Oil firms ask for more standardisation. OSLO, March 26- On a mission to crush costs, global oil firms are rewriting the rule book on how they deal with service companies. "Now is the time of integration, with one service company doing everything with the client from planning the well to building it," Torjer Halle, the chairman of Schlumberger's Norwegian unit said.

  • UPDATE 1-Oil spills into Lake Michigan from BP refinery Tuesday, 25 Mar 2014 | 10:15 AM ET

    March 25- Oil leaked from BP Plc's Whiting oil refinery in Indiana into Lake Michigan after a mechanical glitch on Monday afternoon, the company and local officials said on Tuesday.

  • *Move seen negative for energy conglomerate Reliance Industries. MUMBAI, March 25- An unexpected request by India's Election Commission for the government to defer a rise in gas prices until after a looming general election hit shares in Reliance Industries Ltd and Oil and Natural Gas Corp on Tuesday.

  • *Sale could raise $10- $20 billion- analysts. HONG KONG, March 24- State-run oil giant China Petroleum and Chemical Corp aims to wrap up the sale of up to 30 percent of its sprawling marketing buiness in the third quarter of this year, a restructuring analysts say could raise $10- $20 billion.

  • NEW YORK, March 24- In 2007, when Torbjorn Tornqvist first emerged from the shadows of the Geneva- based oil trading empire he helped build, he had one message to tell: Russian President Vladimir Putin has nothing to do with Gunvor.

  • But weighing out the potential impact of independence on gilts in four scenarios, BlackRock concluded that there would be no material risk for Britain's debtholders unless Scotland defaulted on its share of the liability.

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