Energy Update

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(Wed, 24 Feb 2016) U.S. electric power generators consumed 740 million tons of coal in 2015, fueling about one-third of total electric power generation and accounting for 92% of all coal consumed in the United States. Nearly 70% of all coal used by power plants to generate electricity was shipped either completely or in part by rail. The rest was transported by waterway, truck, or?for power plants located near a coal mine?by conveyor.

* India overtakes Japan in oil imports, China goes for top spot

* Saudi Arabia says coordinated output cut "not going to happen"

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.

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