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UPDATE 1-Oil ends 2015 in downbeat mood; hangover to be long, painful

* Crude oil prices lost a third in value in 2015 * Outlook for 2016 remains bleak as oversupply balloons (Adds commodity performance chart, updates prices) By Henning Gloystein SINGAPORE, Dec 31 (Reuters) - Oil prices remained in a downbeat mood during their final Asian-hours trading session of 2015 after record U.S. crude inventories reinforced concerns about a global supply glut that has pulled down prices by a third over the past year.

Oil ends 2015 in downbeat mood, hangover to be long and painful

* Crude oil prices lost a third in value in 2015 * Outlook for 2016 remaions bleak as oversupply balloons By Henning Gloystein SINGAPORE, Dec 31 (Reuters) - Oil prices opened the final trading session of 2015 in a downbeat mood after record U.S. crude inventories reinforced concerns over a global supply glut that has pulled down prices by a third over the past year. Crude inventories in the United States, the world's largest petroleum producer, rose 2.6 million barrels last week

UPDATE 2-One dead, two injured after wave hits N.Sea drilling rig

* Production at field unaffected -Statoil (Adds details throughout )

ABUTEC Aids In Transformation of Manure into Renewable Energy

ABUTEC’s combustion technology is once again paving the way for waste-to-energy projects through its partnership with Roeslein Alternative Energy.

UPDATE 1-One dead, two injured after wave hits N.Sea drilling rig

* Production at field unaffected -Statoil (Adds details throughout)

Staff at N.Sea rig partially evacuated after fatal accident -Statoil

OSLO, Dec 31 (Reuters) - Close to 50 people out of 106 staff were evacuated from a North Sea rig belonging to China's COSL after a wave hit the installation on Wednesday, killing one person and injuring two, oil firm Statoil told Reuters.

U.S. preparing new sanctions over Iran's ballistic missile program -sources

WASHINGTON, Dec 30 (Reuters) - The Obama administration is preparing new sanctions on international companies and individuals over Iran's ballistic missile program, sources familiar with the situation said on Wednesday.

UPDATE 2-Oil proceeds went into personal accounts, Nigerian president says

LAGOS, Dec 30 (Reuters) - Nigerian authorities have seen documents suggesting the proceeds from past crude oil sales were diverted to personal accounts rather than reaching government coffers, President Muhammadu Buhari said in a wide-ranging interview on Wednesday.

Crimea official says Ukraine has cut off power again, Interfax reports

MOSCOW, Dec 30 (Reuters) - A Crimean official said on Thursday that Ukraine had cut off a major source of electrical power to the region, a month after saboteurs first plunged the Russian-annexed peninsula into darkness.

Spain's Abengoa seeks to sell stalled Brazil projects

SAO PAULO, Dec 30 (Reuters) - Spain's multinational Abengoa SA said on Wednesday it is seeking buyers to revive transmission-line and other construction projects in Brazil that the company had suspended after filing for creditor protection in Spanish courts.

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