Energy Update

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SINGAPORE, Jan 20 (Reuters) - Crude futures slumped again in early Asian trade on Wednesday, with U.S. oil falling to its lowest since September 2003 below $28 a barrel on worries over a global supply glut.

MELBOURNE, Jan 20 (Reuters) - BHP Billiton flagged on Wednesday that it sees no recovery in iron ore or coal prices in the next few years while holding out hope for a rebound in copper and oil as the company fights a slump in earnings set to hit its long-protected dividend.

CALGARY, Alberta, Jan 19 (Reuters) - Husky Energy cut C$800 million ($549.07 million) from its 2016 capital budget and slashed production guidance by 15,000 barrels of oil equivalent per day on Tuesday in the latest sign that Canadian producers are scrambling to cope with low oil prices.

NEW YORK, Jan 19 (Thomson Reuters Foundation) - The United Nations on Tuesday enlisted a high-profile roster of royalty, entertainers and business leaders to promote its global goals tackling climate change, poverty and conflict that were approved last fall but have slipped from the headlines.

ALTOONA, Iowa, Jan 19 (Reuters) - Iowa's governor said on Tuesday it would be a "big mistake" for voters in the nation's first presidential contest next month to choose Ted Cruz for the Republican nomination, citing the U.S. senator's opposition to a biofuel mandate important to the state.

BRUSSELS, Jan 19 (Reuters) - Europe's Industry Commissioner has written to the chief executive of Volkswagen asking for detailed information on cars affected by the emissions scandal and calling for European customers to be compensated in the same way as U.S.

NAIROBI, Jan 19 (Reuters) - The United Nations is seeking $1.3 billion in humanitarian aid for South Sudan, where two in ten of the population have been driven from their homes during two years of conflict.

MILAN, Jan 19 (Reuters) - Italy's constitutional court gave the green light on Tuesday to a national referendum on the duration of oil and gas drilling concessions in the country, muddying the waters for companies operating in the sector.

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