Energy Update

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Feb 17 (Reuters) - William Cos Inc's shares continued their surge on Wednesday, having jumped by nearly a fifth this week, narrowing the spread of its takeover offer by rival pipeline company Energy Transfer Equity LP.

Feb 17 (Reuters) - Southern California Gas Co is to be arraigned on criminal charges on Wednesday over a huge methane leak near Los Angeles that forced thousands of residents from their homes, officials said.

SAO PAULO, Feb 17 (Reuters) - Brazilian iron ore miner Samarco Mineração SA, a joint venture of Vale SA and BHP Billiton PLC, delivered an updated environmental recovery plan on Wednesday following a dam burst that devastated a major river.

SAO PAULO, Feb 17 (Reuters) - Supporters and opponents of Luiz Inacio Lula da Silva clashed in street protests on Wednesday after the suspension of planned questioning in an investigation into a beach apartment that prosecutors say was given to the former president by a company involved in a major corruption scandal.

Platts steel editors discuss the poor overall financial health of major metals producers in Q4 2015 and antidumping measures proposed by the US and issued by the EC.

Feb 17 (Reuters) - Standard & Poor's cut its rating on the Kingdom of Saudi Arabia's long-term foreign and local currency sovereign credit to 'A minus/A-2' from 'A plus/A-1,' citing a fall in oil prices since the rating agency's last review of the country in October.

LONDON, Feb 17 (Reuters) - A 6.2 magnitude earthquake struck off Indonesia at 1726 GMT on Wednesday, the U.S.

* Satellite images show new missiles on Woody Island - Fox News

* Market suggests investors expect long period of low prices (Updates to add Iran comment, price reaction, includes graphic)

* Environmental agency awaits tougher Samarco action plan (Adds that Samarco may be able to restart mine this year, comment from Brazil Attorney General)

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