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China sets CO2 reporting standards ahead of market launch

BEIJING, Dec 23 (Reuters) - China issued national standards for industrial firms to report their greenhouse gas emissions as part of the country's plan to launch a national carbon market in 2017.

COLUMN-U.S. freight stalls as firms try to cut unwanted stocks: Kemp

LONDON, Dec 23 (Reuters) - Traffic on the U.S. rail network continues to weaken in a sign of the slowdown spreading across the industrial economy and efforts by firms to reverse the unplanned build up of inventories throughout the supply chain.

UPDATE 1-China to cut on-grid power tariffs for thermal power

BEIJING, Dec 23 (Reuters) - China said on Wednesday it would cut on-grid prices for thermal electricity by 0.03 yuan per kilowatt-hour, the second cut since April 2015, in a move that tracks the downward trend in coal prices.

China to cut on-grid tariffs for thermal power

BEIJING, Dec 23 (Reuters) - China will cut the on-grid wholesale prices for thermal electricity in the new year, the central government said on Wednesday.

UPDATE 1-Thai Bangchak to invest at least $277 mln next year

BANGKOK, Dec 23 (Reuters) - Thai oil refiner Bangchak Petroleum Pcl said on Wednesday it planned to invest at least 10 billion baht ($277.55 million) next year, including in renewable energy and petroleum exploration and production.

OPEC's market share to shrink by 2020 as rivals keep pumping despite oil's collapse

* Raises forecasts for tight oil output, despite price collapse

Cambodia PM stands by hydropower, dismisses critics as 'extremists'

PHNOM PENH, Dec 23 (Reuters) - Cambodia's prime minister defended his government's energy policy on Wednesday and hit back at environmentalists opposed to hydropower plants by suggesting their electricity be cut off and they should use resin torches instead.<

Reuters Business News Schedule at 0930 GMT/0430 AM ET

Editor: B S Unnikrishnan +91 80 6749 6414 Global Picture Desk: +65 6870 3775 Global Graphics Desk: +65 6870 3595 (All times GMT / ET) Receive this schedule by email: http://mediaexpress.reuters.com TOP STORIES Race is on: Iraq cements Asia oil market share with $1.4 bln India deal SINGAPORE - Iraq has signed deals worth $1.4 billion to ship about 160,000 barrels per day of crude to two Indian refiners

UPDATE 1-Russian court orders arrest of Mikhail Khodorkovsky over contract killing

MOSCOW, Dec 23 (Reuters) - Russia has issued an international arrest warrant for Kremlin critic and former oil tycoon Mikhail Khodorkovsky whom police accuse of ordering the killing of the mayor of a Siberian oil town, a police spokesman said on Wednesday.

UPDATE 1-Nigeria orders MTN to pay $3.9 bln fine by Dec 31

ABUJA, Dec 23 (Reuters) - South African mobile phone operator MTN will have to pay a $3.9 billion fine imposed by Nigeria for failing to disconnect users with unregistered SIM cards by Dec. 31, a source in the Nigerian telecommunications regulator said on Wednesday.

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