Energy Update

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SYDNEY, March 23 (Reuters) - Australian Prime Minister Malcolm Turnbull on Wednesday said the country would establish a A$1 billion ($761.60 million) clean-energy innovation fund, in a major departure from his predecessor's much maligned approach to combating climate change.

* China to cut capacity in coal, steel, nonferrous metals, cement

Eagle LNG is hoped to be part of the solution to the Balkan region's dreadful record of gas interconnection and offer a cheaper, more flexible alternative to competing projects.

BRASILIA, March 22 (Reuters) - President Dilma Rousseff said on Tuesday she will not resign in Brazil's worst political crisis in two decades, calling an opposition move to impeach her a "coup d'etat" against democratic rule because she had committed no crime.

BEIJING, March 22 (Reuters) - Philippines fishermen threw fire bombs at Chinese law enforcement vessels in the South China Sea, China's Foreign Ministry said on Tuesday, after Philippines media reported that fishermen had been struck by bottles hurled from China's coast guard ships.

LAGOS, March 22 (Reuters) - Nigeria's government will pump 350 billion naira ($1.76 billion)in the next quarter into Africa's biggest economy hit hard by a slump in oil revenues, its finance minister said on Tuesday as parliament prepares to pass a much-delayed budget.

March 22 (Reuters) - Brazil's state-controlled oil company Petrobras is being forced to turn itself into a smaller operation as crude prices have fallen more than expected, making it impossible to finance its once-ambitious plans, the company's chief financial officer said on Tuesday.

BRAZZAVILLE, March 22 (Reuters) - Congo Republic's President Denis Sassou Nguesso held a clear lead in Sunday's election to extend his long rule, preliminary results showed on Tuesday, as an internet and phone blackout was extended into a third day.

WASHINGTON, March 22 (Reuters) - Democratic presidential front-runner Hillary Clinton said on Tuesday the United States and its allies should work to better coordinate intelligence following the Belgium attacks and increase the security near airports and other soft targets.

March 22 (Reuters) - Embattled solar company SunEdison Inc is in talks with holders of its second-lien loans to fund a debtor-in-possession financing facility, Debtwire reported, citing two sources familiar with the matter.

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