Energy Update

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Oct 13 (Reuters) - Entergy Corp said Tuesday it will close its Pilgrim nuclear power plant in Massachusetts no later than June 1, 2019, because of poor market conditions, reduced revenues and increased operational costs.

Oct 13 (Reuters) - Entergy Corp said Tuesday it will close its Pilgrim nuclear power plant in Massachusetts no later than June 1, 2019, because of poor market conditions, reduced revenues and increased operational costs.

JAKARTA, Oct 13 (Reuters) - Freeport-McMoRan Inc should significantly increase the amount it pays in royalty payments to the Indonesian government if it wants to extend a contract to operate one of the world's biggest copper mines, a cabinet minister said on Tuesday.

* U.S. API oil data due at 4:30 p.m. EDT (2030 GMT) (Updates prices in paragraph 3)

MOSCOW, Oct 13 (Reuters) - Russia will not pressurise the energy sector, which is currently working effectively, President Vladimir Putin told an investment conference on Tuesday.

United Photovoltaics Group Ltd., a Chinese solar farm operator, said it will use crowdfunding to raise money for its investment after the crash in stock prices in the nation made traditional fundraising more difficult.

Offshore wind is a real success story in the U.K. and has played a pivotal role in the country’s renewable energy transformation.

* China's Harbin Electric, Saudi Arabia's ACWA Power announced as preferred bidder

* Fatal accidents are common (Updates with details, changes dateline)

BEIJING, Oct 13 (Reuters) - A court in central China on Tuesday jailed a former senior Chinese energy executive for 20 years on corruption charges, the latest official to fall in a sweeping anti-graft campaign linked to allies of disgraced security chief Zhou Yongkang.

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