Energy Update

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India and China are putting in place new policies to control pollution, particularly in their major cities.

BEIJING, Jan 22 (Reuters) - China's Foreign Ministry urged the Philippines on Friday to exercise "restraint" over "relevant parties", after Filipino protesters said they planned a second trip to contested islands in the South China Sea.

KIEV, Jan 22 (Reuters) - The head of Ukraine's competition authority said on Friday that the watchdog had decided to fine Russian gas company Gazprom 85 billion hryvnias ($3.5 billion) for abusing its monopoly on the Ukrainian gas transit market.

* Possibility of woman PM this year - expert (Recasts, with party chief named)

KIEV, Jan 22 (Reuters) - The head of Ukraine's competition authority said on Friday that the watchdog had decided to fine Russian gas company Gazprom 85 billion hryvnias ($3.5 billion) for abusing its monopoly on the Ukrainian gas transit market.

SINGAPORE, Jan 22 (Reuters) - Rating agency Moody's on Friday placed large parts of the global oil and gas sector on review for a downgrade, as a crash of more than 70 percent in oil prices over the last 18 months has pulled down energy company stocks as well.

Jan 22 (Reuters) - Laos's secretive Communist Party unveiled a new central committee on Friday from which the prime minister and incumbent party chief were absent, signalling their political exits after they opted out of re-election at a party congress.

MOSCOW, Jan 22 (Reuters) - The Russian government has approved the sale of a stake in the Yamal LNG plant to China's Silk Road Fund in a deal which should bring another $2 billion in investment for the project.

* Despite cheap oil, Tullow expects to make profit from the field

BAKU, Jan 22 (Reuters) - Azerbaijan's oil exports were down 1.6 percent in 2015 compared with 2014, driven by a decline in oil production, a source at the State Customs Committee said on Friday.

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