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UPDATE 1-Groups kick off legal challenge to U.S. biofuels standard

NEW YORK, Jan 8 (Reuters) - Seven biofuel and agriculture groups have asked a U.S. court to a review the U.S. Renewable Fuel Standards for 2014, 2015, and 2016, according to a court filing on Friday, kicking off a widely-expected legal battle over the controversial program.

UPDATE 1-At private Goldman confab, U.S. oil drillers add to glut woes

Jan 8 (Reuters) - Goldman Sachs has diagnosed a new reason for the sudden slump in energy industry sentiment this week: talk of agility, not agony, among leading U.S.

2016 brings more pain to U.S. shale companies as crude sinks

BENGALURU/HOUSTON, Jan 8 (Reuters) - Pain is quickly growing more acute in the new year at beleaguered U.S. shale companies as a global supply glut sinks crude further to 11-year lows, putting added financial stress on the most heavily indebted.

UPDATE 3-Shell's BG bid dealt blow with first shareholder dissent

* Shell confident deal will win support in Jan. 27 vote (Adds concern about Brazil risk in 1st, 8th and 9th paragraphs)

CORRECTED-Oil prices below $40 not sustainable for most producers - Wells Fargo

(Corrects company's name to Diamondback Energy Inc from Diamond Energy Inc in first column.

UPDATE 2-U.S. oil rig count lowest since 2010 as drillers step up cuts -Baker Hughes

(Adds graphics to related content box) Jan 8 (Reuters) - The U.S. oil rig count this week dropped to the lowest level in over five years as energy firms stepped up the rate of idling rigs after one of the worst years in almost 30 years for drilling, data showed on Friday. Drillers removed 20 oil rigs in the week ended Jan. 8, bringing the total rig count down to 516, the least since April 2010, oil services company Baker Hughes Inc said in its closely followed

Investor confidence hurt by oil producers' weak response to falling prices-Goldman

Jan 8 (Reuters) - Investor confidence deteriorated this week because shareholders felt producers were not being responsive to West Texas Intermediate (WTI) at $35 per barrel and were focusing on their agility rather than potential production cuts, Goldman Sachs analysts said.

UPDATE 2-VW blasted for shielding emissions documents from U.S. probe

Jan 8 (Reuters) - Three U.S.

UPDATE 1-Union at BHP Billiton's Cerro Colorado copper mine in Chile to strike

SANTIAGO, Jan 8 (Reuters) - The union at global miner BHP Billiton's Cerro Colorado copper mine in Chile said on Friday that it will go on strike on Monday over failed contract negotiations.

UPDATE 2-Islamic State claims Libyan police centre bombing

TRIPOLI, Jan 8 (Reuters) - Islamic State has claimed responsibility for a suicide truck bombing on a Libyan police training centre on Thursday that killed at least 47 people, in the worst such attack since the fall of Muammar Gaddafi in 2011.

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