Energy Update

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BEIJING, Jan 13 (Reuters) - China's crude oil imports in 2015 rose 8.8 percent to 334 million tonnes (6.68 million barrels per day), the country's customs administration said in a statement on Wednesday.

SEOUL, Jan 13 (Reuters) - LG Electronics Inc on Wednesday said it will invest 527 billion won ($435.67 million) on new solar panel production facilities in South Korea over the next three years, aiming to triple its capacity by 2020.

NEW YORK, Jan 12 (Reuters) - U.S. oil stumbled below $30 for the first time in 12 years to levels that threaten the survival of many U.S.

* To initially spend $52 mln on GPS tracking, other equipment

Vietnam's primary gas provider PV Gas has selected Honeywell to supply gas processing plant and advanced automation systems to produce liquefied petroleum gas (LPG).

NEW YORK, Jan 12 (Reuters) - Jeffrey Gundlach, the widely followed investor who runs DoubleLine Capital and was prescient in his call for lower oil prices in 2015, said on Tuesday that oil hit a short-term bottom and that stock and credit markets will struggle during the first half of the year.

MIAMI/WASHINGTON, Jan 12 (Reuters) - The U.S.

MONTREAL, Jan 12 (Reuters) - Canadian Finance Minister Bill Morneau said on Tuesday the public is concerned about the economy, but declined to indicate whether the Liberal government will stick to their budget deficit pledge or boost spending.

* Standard Chartered says oil could drop to $10/barrel (Adds settlement prices, includes options information, crude stocks)

HOUSTON, Jan 12 (Reuters) - Hopes for a recovery in oil prices evaporated further on Tuesday as long-dated futures contracts fell even more to show oil will stay stuck below $50 a barrel until 2022.

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