Energy Update

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* Analysts expect oil prices to remain low or drop further (Adds comment, chart, updates prices)

(Wed, 18 Nov 2015) China and the United States are the two countries with the most energy-related CO2 emissions, together accounting for about 40% of global emissions in 2012. Late last year, China and the United States each announced intended nationally determined contributions (INDCs) to mitigate their respective emissions, but there is still uncertainty in each country's ability to meet those targets.

SINGAPORE, Nov 18 (Reuters) - Crude oil prices edged up in early trading on Wednesday following reports of falling stockpiles and rising refinery activity, but analysts said the market would remain under pressure for the rest of the year and into 2016.

LONDON, Nov 17 (Reuters) - Britain must move away from dirty and aging coal-fired power stations and encourage new gas and nuclear power plants, its energy minister will say on Wednesday when unveiling a new direction for energy policy in the country.

France based provider of industrial gases, Air Liquide has signed an agreement to acquire US-based distributor of industrial, medical and specialty gases Airgas, for $13.4bn, including the debt.

BP is planning to sell petrochemical facility located in Decatur, Alabama, US, as part of its broader plan to reorganize its petrochemicals strategy.

MEXICO CITY, Nov 17 (Reuters) - Mexico's state-owned oil company Pemex is seeking private partners for three major refinery upgrades that will allow it to convert more heavy crude into higher-value fuels like gasoline, a company executive said on Tuesday.

BRUSSELS/WASHINGTON, Nov 17 (Reuters) - Members of the Organisation of Economic Cooperation and Development (OECD) struck a deal on Tuesday to restrict subsidies used to export technology for coal-fired power plants, ending months of wrangling.

RIO DE JANEIRO, Nov 17 (Reuters) - The Brazilian oilworkers union local responsible for the bulk of the country's oil and gas output told its members on Tuesday to leave all Petroleo Brasileiro SA vessels in the Campos Basin, Brazil's most productive oil district.

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