Energy Update

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RIYADH, Nov 4 (Reuters) - Kuwait's oil minister said on Wednesday he believed oil prices had bottomed out.

OSLO, Nov 4 (Reuters) - Norwegian oil firm Det norske has cut spending this year after an impairment charge related to lower oil prices pushed it into a loss in the third quarter.

BERLIN, Nov 4 (Reuters) - The German cabinet on Wednesday approved a plan to pay utilities to set aside some of their coal-fired power capacity as Europe's biggest economy looks to ensure stable supply and reduce carbon emissions.

BANGKOK, Nov 4 (Reuters) - Most Southeast Asian stock markets gained on Wednesday amid strength in Asia and oil prices lifting energy-related shares, while the Malaysian benchmark closed at a one-week high on expectations the central bank will keep interest rates on hold. Kuala Lumpur composite index ended the day up 0.5 percent at its highest close since Oct. 28. Banking shares, led by Maybank, edged higher ahead of Bank Negara Malaysia's meeting on Thursday.

Nov 4 (Reuters) - Mining and energy group Vedanta Resources Plc said on Wednesday it would not pay a dividend for the first half, after reporting a fall in core profit hit by the commodities slump.

BARCELONA, Nov 4 (Thomson Reuters Foundation) - While companies and citizens find ways to cope with climate change on the ground and push governments to swap fossil fuels for clean energy, officials negotiating a U.N. deal to curb global warming often appear stuck in a time warp, experts say.

JUBA, Nov 4 (Reuters) - A Russian-built cargo plane carrying some passengers crashed on Wednesday after taking off from the airport in South Sudan's capital, killing at least 41 people who were on board and others on the ground, an official and a Reuters witness said.

Nov 4 (Reuters) - Glencore said on Wednesday it was on track to reduce its debt and boost liquidity thanks to asset sales, and plans to deepen copper output cuts to help lift prices.

* Margins expected to be buoyed by China, India gasoline demand

Nov 4 (Reuters) - Glencore said on Wednesday it was on track to reduce its debt and boost liquidity thanks to asset sales, and plans to deepen copper output cuts to help lift prices.

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