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UPDATE 2-Genel cuts forecasts as Iraqi Kurdistan owes more than $400 mln

* Cuts 2015 production guidance to 85,000-90,0000 bpd (Updates with news about payment receipt)

Azerbaijan sees 1.8 pct GDP growth in 2016, bases budget on $50 oil price

BAKU, Oct 20 (Reuters) - Azerbaijan expects its economy to grow significantly slower next year, due to a decline in oil prices and an expected smaller output of the energy sector, whose sales of oil and gas are key sources of state revenue.

Singapore oil service firms tap alternatives to scarce bank funding

SINGAPORE, Oct 20 (Reuters) - Offshore services firms in the Asian oil hub of Singapore are turning to higher-cost alternative funding avenues to offset a shortfall in bank-led financing, straining their liquidity that is already squeezed by weak oil prices, industry executives say.

Japan acknowledges possible radiation casualty at Fukushima nuclear plant

TOKYO, Oct 20 (Reuters) - Japan on Tuesday acknowledged the first possible casualty from radiation at the wrecked Fukushima nuclear power plant, a worker who was diagnosed with cancer after the crisis broke out in 2011.

REUTERS SUMMIT-India's ONGC targets $10-$12 bln foreign oil and gas investments

* OVL widens acquisition strategy to look at corporate buy outs

BUZZ-Weak China data takes bite out of European cyclicals' rally

** Stocks of UK miners fall as weak economic data from China spurs a bout of profit-taking for a second day

REUTERS SUMMIT-China Aviation Oil aims to tap China boom in foreign travel

SINGAPORE, Oct 20 (Reuters) - Asia's biggest jet fuel buyer, China Aviation Oil, aims to expand its operations overseas to provide fuel to meet a boom in the number of Chinese flying overseas, the firm's chief executive said.

Experts say sonar 'debris' images should be reexamined in search for Malaysian jet

SYDNEY, Oct 20 (Reuters) - Australian authorities searching for the wreckage of a Malaysia Airlines jet should urgently re-investigate two areas in the remote Indian Ocean where sonar pictures show what could be debris from the plane, deep-sea search experts said on Tuesday.

COLUMN-Coal's blind optimism fades, but industry must shrink to succeed: Russell

BARCELONA, Oct 20 (Reuters) - Battered and beaten, the coal industry finally seems to be moving from blind optimism that things will somehow get better to a more realistic hope that it can survive, albeit in a smaller, less influential manner.

INSIGHT-Power line opponents give renewables their Keystone moment

Oct 20 (Reuters) - Dave Ulery was set to build his "forever home" on his family's 26-acre property near the Ozark mountain foothills in Arkansas when a knock on the door heralded trouble.

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