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UPDATE 1-U.S. shale output to fall 116,000 bpd mo/mo in Feb, same as Jan

NEW YORK, Jan 11 (Reuters) - U.S. shale oil production is expected to fall for a seventh month in a row in February, declining at about the same rate as the month before as drillers manage to eke out a few more barrels from each new well, U.S. data showed on Monday.

Russia's Gazprom cancels tenders for trunk pipeline needed for Nord Stream II

MOSCOW, Jan 11 (Reuters) - Russian gas giant Gazprom has cancelled several tenders for construction of over 400 km of a gas trunk pipeline needed for the planned Nord Stream II project, according to documents posted on a government procurement website.

CORRECTED-UPDATE 1-Libya's oil company empties storage tanks in Ras Lanuf after Islamic State attacks

BENGHAZI, Jan 11 (Reuters) - Libya's National Oil Corporation has emptied oil storage tanks at the Ras Lanuf terminal as a precaution after Islamic State militants attacked the country's two biggest oil ports last week, an official from the company said on Monday.

China FX reserve sell-off to soon move beyond US Treasuries -BAML

LONDON, Jan 11 (Reuters) - The unwinding of China's foreign exchange reserves could soon extend beyond U.S. Treasuries, with U.S.

On Iran-Saudi rift, Gulf Arab states tread with caution

DOHA, Jan 11 (Reuters) - Gulf Arab states rallied dutifully behind Saudi Arabia when it cut relations with Iran last week, recalling their ambassadors and cancelling flights to Tehran in solidarity with the oil-rich kingdom after its embassy in Iran was torched by protesters.

Libya's Oil company empties storage tanks in Ras Lanuf after attacks

RABAT, Jan 11 (Reuters) - Libya's National Oil Corporation has emptied oil storage tanks in Ras Lanuf as a precaution after the Islamic State group attacked Libya's two biggest oil ports last week, an official from the company said on Monday.

TDI New England Receives Major Regulatory Approval for Clean Power Link

TDI New England (TDI-NE) has received approval from Vermont regulators to move forward with construction of the New England Clean Power Link.

UPDATE 1-Chile's Colbun says not able to bid for Colombia's Isagen

SANTIAGO, Jan 11 (Reuters) - Chilean energy company Colbun said on Monday it will not be able to bid for a controlling stake in Colombian power generator Isagen on Wednesday.

AU Optronics's M.Setek Unit to Stop Making Polysilicon for Solar

M.Setek Co., a Tokyo-based unit of the electronics maker AU Optronics Corp. of Taiwan, will halt production of polysilicon for the solar industry and take a charge of 24.65 billion yen ($208 million) to write down assets.

UPDATE 1-Norwegian oil minister steers clear of Statoil dividend debate

* Two members of ruling party called for Statoil dividend cut

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