Energy Update

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(Tue, 16 Feb 2016) The Energy Minister and Secretaries from Canada, Mexico, and the United States are launching a framework for sharing energy information for North America, hosted at www.nacei.org. The website can be displayed in English, French, and Spanish and has links to all three countries' energy statistical agencies.

TOKYO, Feb 16 (Reuters) - Australian Foreign Minister Julie Bishop said on Tuesday she will seek clarification from China about how it intends to use reclaimed islands in the South China Sea, including whether Beijing intends to grant access to other countries.

Feb 15 (Reuters) - Paragon Offshore Plc said on Monday the vast majority of its debtholders have agreed to sign its Plan Support Agreement (PSA), as part of its "first day" motions with a U.S. bankruptcy court to facilitate normal operations during its bankruptcy process.

Feb 15 (Reuters) - General Electric Co is exploring potential business opportunities in Iran and the chief executive of its oil and gas division visited the country recently, a company spokeswoman said.

* Scepticism of cuts but market wary of being wrong - analyst (Adds comment, updates prices)

CARACAS, Feb 15 (Reuters) - Venezuelan President Nicolas Maduro on Monday unexpectedly named a moderate business leader as the country's economy vice president, replacing a hard-line socialist who lasted only a month amid the OPEC nation's deepening economic crisis.

Feb 16 (Reuters) - Top oil officials from Saudi Arabia, Russia and several key OPEC members will meet on Tuesday for their highest-level discussion in months, a potentially pivotal sign that producers are at last preparing to tackle a devastating supply glut.

Joi Scientific has closed its Series A Round funding and raised more than $5m in the over-subscribed round.

* Miners up spending on technology despite falling capex budgets

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