Energy Update

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UPDATE 1-U.S. Senate starts debate on broad energy bill

WASHINGTON, Jan 27 (Reuters) - The U.S.

Oilfield services find little room to squeeze out further cuts

NEW YORK, Jan 27 (Reuters) - Companies that supply drilling rigs, fracking sand and other necessary tools to the U.S. oil industry are finding themselves stuck with a choice between losing customers or making further price cuts that could wipe out their profits altogether.

IMF, World Bank discussing possible aid to oil exporter Azerbaijan

Jan 27 (Reuters) - The International Monetary Fund and World Bank are discussing possible financing assistance for Azerbaijan to help it cope with mounting currency pressures and other fallout from a steep drop in oil prices, the institutions confirmed on Wednesday.

UPDATE 1-Canada energy regulator says oil patch woes make hiring easier

TORONTO, Jan 27 (Reuters) - A sharp downturn in Canada's oil patch that has caused thousands of layoffs has made it easier for the country's energy regulator to find and hire experienced staff, its chief executive said on Wednesday.

UPDATE 11-Oil jumps after Russia dangles prospect of OPEC cooperation

* Russian govt, producers discuss possible coordination with OPEC

UPDATE 3-Russians want to talk to OPEC about output, pipeline chief says

* Iraq says ready to discuss cuts if others agree (Adds details, analysts, quotes)

UPDATE 1-U.S. natgas futures little changed after less cold forecasts

(Adds latest prices) Jan 27 (Reuters) - U.S. natural gas futures ended little changed on Wednesday as the latest forecasts for less cold weather over the next two weeks offset forecasts earlier in the day calling for more cold during that time. On its last day as the front-month, February futures on the New York Mercantile Exchange closed up 0.9 cents, or 0.41 percent, at $2.189 per million British thermal units. That was the seventh day in a row that the front-month traded withi

UPDATE 1-Repsol takes 2.9 bln euro hit on weak oil price

* Accelerates asset sales, deepens investment cuts (Adds Repsol statement)

Air regulator sues California utility over state's historic methane leak

LOS ANGELES, Jan 27 (Reuters) - A California utility failed to protect residents from the largest methane leak in state history at its natural gas field near Los Angeles, a regional pollution watchdog said in a lawsuit filed against the company.

UPDATE 1-Iran's Rouhani in France to revive business ties after nuclear deal

PARIS, Jan 27 (Reuters) - Iranian President Hassan Rouhani told French business leaders on Wednesday that Iran was open for investment as he started a visit in France to revive business ties despite diplomatic differences.

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