Energy Update

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MOSCOW, Dec 15 (Reuters) - The head of Russia's top lender, Sberbank, said on Tuesday that oil prices below $40 per barrel presented an additional challenge to the country's banking sector, where a number of players have already received state support.

Dec 15 (Reuters) - Arch Coal Inc, the second-largest coal miner in the United States, said it has chosen to extend by 30 days a $90 million in bond interest payments that was due on Tuesday.

Dec 15 (Reuters) - Arch Coal Inc said it has chosen to extend by 30 days the time period the company has to make about $90 million in interest payment that was due on Tuesday.

WASHINGTON, Dec 15 (Reuters) - President Barack Obama, who made few friends in corporate board rooms early in his first term as he pressed for tighter regulations on banks and remarked on the "fat cats" who helped precipitate the financial crisis, heads into his final year in the White House having built - or rebuilt - alliances with chief executives of the nation's biggest companies.

* To move parts of IES into main engineering/construction unit

LONDON, Dec 15 (Reuters) - Development bank EBRD said on Tuesday it had arranged its biggest ever syndicated loan, a $1.2 billion facility that will contribute towards an overall $4.4 billion package of financing for Mongolia's Oyu Tolgoi copper mine.

* UK company says outlook for the year unchanged (Adds analyst comment, share price)

* China looking to boost business with resource-rich neighbour

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