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Tribunal approves Colombia's bid to extend Drummond contract

BOGOTA, Jan 21 (Reuters) - A Colombian high tribunal on Thursday approved the government's bid to extend for up to 30 years its contract with coal company Drummond to mine under new conditions in the north of the Andean nation.

White House welcomes U.S. court ruling on carbon emissions plan

WASHINGTON, Jan 21 (Reuters) - The White House said on Thursday that it was pleased that a U.S.

UPDATE 1-Samarco, Brazil gov't move closer on $4.8 bln dam-disaster accord

BRASILIA, Jan 21 (Reuters) - Brazil's government and Samarco Mineração SA moved closer to a deal to settle a 20 billion-real ($4.8 billion) lawsuit for damages related to a deadly November dam disaster, Brazil's attorney general said on Thursday.

U.S. to tackle oil and gas methane waste on public lands -sources

WASHINGTON, Jan 21 (Reuters) - The Obama administration is expected to propose new rules as soon as Friday to curb methane leaks from oil and natural gas production, its latest attempt to reduce greenhouse gas emissions from energy production under its control, sources familiar with the plan said.

Australia's Santos wants to cut more costs amid oil slump

MELBOURNE, Jan 22 (Reuters) - Australia's Santos Ltd , with its shares at 23-year lows, is looking for more ways to reduce costs to help weather the slump in oil prices after cutting capital spending more than expected in 2015, the company said on Friday.

Honda to offer new fuel cell vehicle in California in 2016

Jan 21 (Reuters) - Honda Motor Co said on Thursday it will start selling its new hydrogen fuel cell vehicle in California by year's end.

UPDATE 2-Schlumberger plans $10 bln share buyback as profit beats

* Shares up nearly 2 pct in extended trading (Adds details from statement, background)

India's Modi may bet on old faces and new to regain winning ways

NEW DELHI, Jan 22 (Reuters) - Indian Prime Minister Narendra Modi may look to press the reset button on his leadership this spring to reinvigorate stalled economic reforms and appease critics, eyeing a mix of tried and tested allies and fresh blood, senior government sources said.

CANADA STOCKS-TSX bucks downtrend, rises as energy stocks bounce

* Half of TSX's 10 main groups rise; 3 gainers for every faller

Schlumberger posts first quarterly loss in 12 years

Jan 21 (Reuters) - Schlumberger Ltd, the world's No.1 oilfield services provider, reported its first quarterly net loss in 12 years as it recorded more than $2 billion in restructuring and asset impairment charges.

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