Energy Update

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BRUSSELS, Oct 30 (Reuters) - European carmakers said on Friday tougher emissions testing rules agreed this week would hurt the industry by forcing the early phase-out of some diesel models and making it harder to meet carbon dioxide limits.

* Cost cutting measures to help Bodycote weather downturn better

LONDON, Oct 30 (Reuters) - Crude oil prices have been more volatile this year than at any time since the financial crisis of 2008/09 and before that 1991, according to standard measures of price variability.

BEIJING, Oct 30 (Reuters) - China has more than doubled its non-state crude oil import quota for 2016 to 87.6 million tonnes, or 1.75 million barrels per day (bpd), as Beijing seeks to boost competition and attract private investment in its oil industry.

** Oil producers, service providers and drillers down between 1-2 pct, as crude oil falls after U.S.

BEIJING, Oct 30 (Reuters) - China is considering cutting the electricity price paid by grid firms to solar and wind power generators to reflect recent declines in operating costs, a government source familiar with the situation told Reuters on Friday.

SINGAPORE, Oct 30 (Reuters) - Producers and importers of liquefied natural gas (LNG) are preparing to trade the fuel more actively on a spot basis as a looming supply surplus threatens to overwhelm decades-old bilateral contracts and pressure prices lower.

* Partners to finance 30 pct, with the rest to come from banks

* 2015 capex budget estimated at $6.5 bln (Updates throughout)

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