Energy Update

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WILMINGTON, Del, Dec 1(Reuters) - When Samson Resources Corp filed this year's biggest energy-related bankruptcy in September, the oil and gas company said it had a deal to emerge from Chapter 11 protection by year-end.

Dec 1 (Reuters) - Canadian Oil Sands Ltd set a capital expenditure target of C$295 million ($221 million) for 2016, down about 35 percent from the estimated budget for 2015, saying the Syncrude oil sands project would help raise output at lower costs.

* RWE shares up 4.3 pct (Recasts, adds context, updates shares)

SINGAPORE, Dec 1 (Reuters) - Singapore's Sembcorp Marine Ltd said on Tuesday it is expected to record a net loss for the fourth quarter due to a challenging operating environment and customers deferring or seeking to defer their rig orders.

* For a table of OPEC output, see (Adds link to table in bullets, official Iraq November data in paragraph 10)

FRANKFURT, Dec 1 (Reuters) - Shares in German gases group Linde fell sharply on Tuesday after the company cut its 2017 profit target, warning that slower industrial growth and low oil prices were prompting its customers to spend less.

Dec 1 (Reuters) - Petra Diamonds Ltd and South African mining company Ekapa Mining would buy De Beers' Kimberley mines for 102 million rand ($7.1 million), the London-listed miner said.

Dec 1 (Reuters) - Petra Diamonds Ltd and South African mining company Ekapa Mining would buy De Beers' Kimberley mines for 102 million rand ($7.1 million).

* Argentina focus on return to markets, Venezuela on election

BEIJING, Dec 1 (Reuters) - Changes by PetroChina to add a delayed coking unit at a large new refinery in southwestern China would still satisfy environmental requirements, according to a newspaper run by parent company China National Petroleum Corporation (CNPC), citing a team of experts.

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