Energy Update

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Feb 9 (Reuters) - Oil and gas producer WPX Energy Inc said on Tuesday it has agreed to sell natural gas assets in Colorado's Piceance Basin for $910 million to a private firm, in a deal viewed by investors as a bright spot in the sluggish market for oil and gas properties.

NEW YORK, Feb 9 (Reuters) - U.S. oil and gas pipeline companies including Williams Companies Inc and Kinder Morgan Inc have contracts worth billions of dollars that might be at risk as Chesapeake Energy Corp aims to slash its debts amid collapsing energy prices.

TORONTO, Feb 9 (Reuters) - Canada's main stock index on Tuesday fell to its lowest since late January, again weighed down by bank and energy company shares as investors globally retreat from equity markets.

LONDON, Feb 9 (Reuters) - "The GCC governments and peoples should realise that the boom period is over.

LONDON, Feb 9 (Reuters) - Utility E.ON and charity Age UK are scrapping an energy payment plan which is being examined by British regulators after a newspaper said it over-charged elderly customers.

MUMBAI, Feb 9 (Reuters) - Russia's top oil producer Rosneft is still carrying out due diligence to buy a stake in Essar Oil Ltd, the Indian group which runs India's second biggest private sector refinery said on Tuesday.

Feb 9 (Reuters) - Closely followed oil bull Andy Hall said his Astenbeck Capital Management lost 4 percent in January as weak global markets extended last year's gloom that cost the hedge fund its biggest- ever annual loss of 36 percent, according to monthly data from the fund.

* Trade ministry still needs to issue permit (Adds Freeport comment)

KUWAIT, Feb 9 (Reuters) - State-run Kuwait Petroleum Corp (KPC) plans to sell loss-making assets to cut costs as low oil prices pressure its finances, state news agency KUNA reported on Tuesday.

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