Energy Update

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ABU DHABI, Nov 12 (Reuters) - The United Arab Emirates will play a key role in the stability of oil markets in the future and is committed to continue spending on its energy projects regardless of the oil price, the country's oil minister said on Thursday.

LONDON, Nov 12 (Reuters) - OPEC said its oil output fell in October and forecast supply from rival producers next year would decline for the first time since 2007 as low prices prompt investment cuts, reducing a global supply glut.

BAKU, Nov 12 (Reuters) - Azerbaijan's President, Ilham Aliyev, fired his Communications Minister Ali Abbasov, weeks after the dismissal of his national security minister and the arrests of high-ranking former security officials.

BANGKOK, Nov 12 (Reuters) - PTT Pcl, Thailand's largest energy company, on Thursday reported another record net loss in third quarter, mainly due to losses at its upstream and exploration subsidiary and a weak gas business.

JAKARTA, Nov 12 (Reuters) - Indonesia will appoint a senior energy ministry official as its representative to OPEC, as Southeast Asia's top crude producer and Asia's top gasoline importer prepares to rejoin the international organization in December after a seven-year break.

* Company reports Q3 positive cash flow of $318 mln (Adds news of CFO departing, comments from CEO)

* Shares tumble 20 percent (Adds CEO comments, analyst comment)

* Court decision expected in coming months (Updates with analyst comment, allowance prices)

We're speeding toward the end of 2015, which means that The Oil Big Five is increasingly focused on topics that could shape the global oil industry into 2016 and beyond.

* Sides have accused each other of breaking ceasefires (Adds details about the regional summit)

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