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RIO DE JANEIRO/SAO PAULO Jan 12 (Reuters) - Petróleo Brasileiro SA, Brazil's state-controlled oil producer, on Tuesday slashed its investment budget for the third time in just over six months, to preserve cash to pay debt, the industry's largest.

* Relocation requires support from 24 of 32 team owners (Adds details, background and dateline)

Jan 12 (Reuters) - A committee of National Football League owners has recommended a proposal for a stadium in the Los Angeles suburb of Carson that is backed by the San Diego Chargers, the NFL said Tuesday.

(Recasts with comments from committee) By Megan Davies NEW YORK, Jan 12 (Reuters) - Puerto Rico could face widespread blackouts if its power utility, PREPA, runs out of cash, the company's chief restructuring officer told a congressional panel on Tuesday, arguing that the utility needs access to federal bankruptcy law to help close a deal to restructure its debt.

BRUSSELS, Jan 12 (Reuters) - The European Commission said on Tuesday it had launched an in-depth investigation into oilfield services provider Halliburton's planned purchase of its smaller rival Baker Hughes.

BRUSSELS, Jan 12 (Reuters) - The European Commission said on Tuesday it had launched an in-depth investigation into Halliburton's planned purchase of its oilfield services rival Baker Hughes.

BRUSSELS, Jan 12 (Reuters) - The European Commission said on Tuesday it had launched an in-depth investigation into Halliburton's planned purchase of its oilfield services rival Baker Hughes.

ALGIERS, Jan 12 (Reuters) - Algerian security forces arrested seven Islamist gunmen on Tuesday in the remote southern area of In Amenas, close to the gas plant where a deadly attack took place in January 2013, the country's defence ministry said.

WASHINGTON, Jan 12 (Reuters) - The U.S. Department of Homeland Security said on Tuesday it was helping Ukrainian authorities investigate an apparent attack last month on the country's power grid that caused a blackout for 80,000 customers of western Ukraine's Prykarpattyaoblenergo utility.

* Energy minister will have to decide on waste provisions (Adds EDF statement, closing price)

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