Energy Update

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LONDON, Jan 7 (Reuters) - UK mining and energy shares indexes slumped to their lowest level in more than 11 years on Thursday, with a sharp decline in prices of major industrial metals and crude oil on China-related concerns promoting investors to dump shares.

* Optimists say Shanghai stocks should have little global bearing

RIYADH, Jan 6 (Reuters) - Since Saturday's execution of four Shi'ite Muslims in Saudi Arabia, hundreds or thousands of the minority sect have marched nightly in protest, and their anger could herald wider unrest.

LONDON, Jan 6 (Reuters) - Growing signs of weakness in the U.S. economy are helping keep oil prices under pressure even as tensions escalate across North Africa and the Middle East.

SYDNEY, Jan 7 (Reuters) - Australian metals refiner Queensland Nickel on Thursday said it had made arrangements to pay employee wages next week amid concerns the private company could be struggling to survive.

(Thu, 07 Jan 2016) U.S. regular retail gasoline prices averaged $2.43 per gallon (gal) in 2015, 93 cents/gal (28%) less than in 2014 and the lowest annual average price since 2009. Lower crude oil prices in 2015 were the main cause for lower gasoline prices. In 6 of the 10 cities for which EIA collects weekly retail price data, gasoline prices did not exceed $3.00/gal.

* U.S. crude stocks remain high despite dip (Updates throughout)

* Three opposition lawmakers sworn in despite being barred (Adds details on new ministers, comment from oppposition)

LOS ANGELES, Jan 6 (Reuters) - Governor Jerry Brown on Wednesday declared a Los Angeles-area natural gas leak that has been sickening area residents for more than two months an emergency, calling for alternatives to stop the underground leak if existing efforts fail.

CALGARY/WASHINGTON, Jan 6 (Reuters) - TransCanada Corp sued the U.S government on Wednesday to reverse President Barack Obama's rejection of the Keystone XL pipeline, and also plans to seek $15 billion in damages from a trade tribunal.

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