Energy Update

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SHANGHAI, Dec 26 (Reuters) - The heavily polluted northern
Chinese province of Hebei, which surrounds the capital Beijing,
said it will learn lessons from the smog that engulfed the
region last week and step up efforts to clean the air.

SANTIAGO, Dec 25 (Reuters) - Officials removed a tsunami
warning after a major 7.6 magnitude earthquake struck southern
Chile on Sunday, prompting thousands to evacuate coastal areas.

* Mobily down, Abu Dhabi's Etisalat up; management tie
expires

BUENOS AIRES, Dec 24 (Reuters) - Gas y Petroleo del Neuquen
SA (GyP), the oil and gas company owned by Argentina's Neuquen
province, plans to auction exploration rights to six blocks in
the Vaca Muerta shale play, local media reported on Saturday.

MOSCOW, Dec 24 (Reuters) - Rosneft's plans for
next year allow it to be flexible with production volumes,
Russia's top oil producer said on Saturday, after Moscow
clinched a deal with OPEC to cut production to bolster weak oil
prices.

DUBAI, Dec 24 (Reuters) - Iran plans to ask international
oil companies to bid for the second phase of development of its
Yadavaran and North Azadegan oilfields, a senior official said
on Saturday.

MOSCOW, Dec 24 (Reuters) - Rosneft's plans for
next year allow it to be flexible with production volumes,
Russia's top oil producer said on Saturday, after Moscow
clinched a deal with OPEC to cut production to bolster weak oil
prices.

Dec 23 (Reuters) - Halliburton Co on Friday said it
had reached a $100 million settlement to resolve a long-running
securities fraud class action lawsuit against the oilfield
services provider that twice reached the U.S. Supreme Court.

Dec 23 (Reuters) - Halliburton Co on Friday said it
had reached a $100 million settlement to resolve a long-running
shareholder class action lawsuit against the oilfield services
provider that twice reached the U.S. Supreme Court.

CHICAGO, Dec 23 (Reuters) - Peabody Energy Corp
failed to explain how it will cover future mine cleanup costs in
a reorganization plan filed late Thursday, triggering concerns
over the company's use of "self-bonds."

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