Energy Update

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SINGAPORE, Feb 24 (Reuters) - Oil prices slid in early trading on Wednesday, extending sharp falls from the previous session after top exporter Saudi Arabia ruled out production cuts and industry data showed a further build in U.S. crude stockpiles.

WASHINGTON, Feb 23 (Reuters) - China has sent fighter jets to a disputed island in the South China Sea, where it deployed surface-to-air missiles earlier this month, U.S. government sources said on Tuesday.

RIO DE JANEIRO, Feb 23 (Reuters) - Brazilian police in the state of Minas Gerais on Tuesday accused six Samarco executives and one contractor of murder in connection with the deaths of 19 people caused by a burst tailings dam at a mine in November.

CARACAS, Feb 23 (Reuters) - Venezuela's state oil company PDVSA is about to clinch a deal for India's Oil and Natural Gas Corp to invest some $500 million in their San Cristobal joint venture, the South American company's president said on Tuesday.

Feb 23 (Reuters) - Silver Run Acquisition Corp, a U.S.

NEW YORK, Feb 23 (Reuters) - JPMorgan Chase & Co signalled a rough first quarter on Tuesday with double-digit declines in investment banking revenues and a $500 million increase in provisions for expected losses on energy loans.

Feb 23 (Reuters) - Morgan Stanley said the majority of its loans to oil and gas exploration and production companies are to non-investment grade firms.

WASHINGTON, Feb 23 (Reuters) - China has deployed fighter jets to a contested island in the South China Sea, the same island where China has deployed surface-to-air missiles, Fox News reported on Tuesday, citing two U.S. officials.

CARACAS, Feb 23 (Reuters) - A recently-announced Venezuelan military company will provide services to state oil company PDVSA, especially in terms of security in the crime-ridden OPEC country, the company's president said on Tuesday.

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