UPDATE 1-Nexen expects Long Lake oil sands shutdown to take two weeks

CALGARY, Sept 1 - Nexen Energy, the Canadian subsidiary of Chinese state-owned CNOOC Ltd, is shutting down its Long Lake oil sands operations in northern Alberta in response to an emergency regulatory order, a company spokeswoman said on Tuesday.

10:16pm BST

Mongolia in for double whammy: drought now, "dzud" next

* Drought wipes out up to 80 percent of Mongolia's wheat this year

10:00pm BST

UPDATE 1-Brazil charges ex-CEO of nuclear power company with taking bribes

SAO PAULO, Sept 1 - The former chief executive of Brazil's nuclear power company was formally charged on Tuesday with accepting bribes in a corruption scheme to loot federal utility Eletrobras by the same kind of overbilling and bribery that occurred at state-run oil company Petrobras.

9:27pm BST

Oil fund manager Andurand sees crude prices below $30 - FT

Sept 1 - Hedge fund manager Pierre Andurand believes crude prices will head lower again, possibly dropping below $30 per barrel, the Financial Times reported on Tuesday.

8:55pm BST

UPDATE 1-Magnitude 4.2 quake strikes near Grand Coulee Dam in Washington

Sept 1 - A magnitude 4.2 earthquake struck near Grand Coulee Dam, the largest U.S. hydropower facility, in northeastern Washington state on Tuesday, prompting an immediate inspection of the facility but leaving no visible damage, a spokeswoman said.

8:03pm BST
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