Energy Update

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* Traders concerned there is no "floor" for price (Updates share price data, adds comments, background)

LONDON, Sept 28 (Reuters) - Oil company Royal Dutch Shell is pulling out of exploration in Arctic waters off Alaska for the foreseeable future and could take a hit of up to $4.1 billion after failing to find enough oil.

Sept 28 (Reuters) - Royal Dutch Shell Plc said it would stop exploration activity in offshore Alaska after poor results from a key well in the Chukchi Sea.

Russia's oil and natural gas industry is feeling the impact of low prices and financial and technological sanctions, but disagreements within the country’s own energy sector are also proving a hurdle to development.

(Mon, 28 Sep 2015) Outages at U.S. nuclear power plants were extremely low this summer (June through August), averaging 2.9 gigawatts (GW), or less than 3% of total U.S. nuclear capacity. During four days in August, outages dropped to just 0.1 GW out of a total U.S. nuclear capacity of 98.7 GW, the lowest value recorded since the U.S. Nuclear Regulatory Commission (NRC) began collecting data in 2007.

* Global oil glut halved since Q2 but still at 1 mln bpd-Jefferies (Adds comment, oversupply data; updates prices)

LAUNCESTON, Australia, Sept 28 (Reuters) - - China's planned national cap-and-trade carbon emissions system may at first appear to be yet another bearish factor for commodity demand in the world's largest consumer of natural resources.

CARACAS, Sept 27 (Reuters) - Venezuela and Guyana have agreed to restore their respective ambassadors, President Nicolas Maduro said on Sunday, a first step toward easing tensions that flared after the discovery of oil off the coast of a disputed territory.

SINGAPORE, Sept 28 (Reuters) - Oil prices dropped in early trading in Asia on Monday despite a fourth weekly fall in U.S.

Bowleven, the Africa focused oil and gas exploration group, has discovered hydrocarbons at the Moambe exploration well, the second well in a two exploration well program, in Bomono Permit, Cameroon.

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