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UPDATE 1-EDF eyes renewables expansion outside Europe, CEO says

PARIS, Sept 22 (Reuters) - French state-controlled utility EDF wants to expand into renewable energy beyond Europe, Chief Executive Jean-Bernard Levy told financial daily Les Echos in an interview published on Tuesday.

MIDEAST STOCKS-Gulf markets move little in pre-holiday trade

DUBAI, Sept 22 (Reuters) - Gulf equity markets were narrowly mixed in early trade on Tuesday as investors prepared for extended holidays, with international news providing little to trade on in the morning.

Faroe Petroleum narrows full-year production forecast

Sept 22 (Reuters) - Faroe Petroleum Plc on Tuesday narrowed its production forecast for the full year, helped by strong performance in the first-half and high-impact exploration activities.

Europe's airlines spruce up their jet fuel hedges

LONDON, Sept 22 (Reuters) - European airlines are exploiting a collapse in oil prices by hedging more of their fuel needs further into the future, but those that kept their powder dry before the rout are emerging as clear winners, industry sources say.

Upstream oil execs agree: Low, long and living within means

Oil company chiefs appear to have accepted that oil prices are going to be around the $50/b mark for awhile and that they need to find a way to be profitable for the long while.

Win or lose, Bank of America vote shows new shareholder muscle

BOSTON/NEW YORK, Sept 22 (Reuters) - A group of shareholders is looking to strip Bank of America Corp Chief Executive Brian Moynihan of his chairman title on Tuesday in an investor vote and whether they fail or succeed, they have notched a victory just by getting the bank to hold a special meeting on the matter.

U.S. Gulf of Mexico share of global active offshore rigs declines since 2000

(Tue, 22 Sep 2015) In response to the decline in crude oil prices since mid-2014, the number of active offshore rigs has declined worldwide, dropping close to 20%?304 offshore rigs were operating in August 2015, down from 377 in August 2014. During this period, the number of active offshore rigs in the U.S. Gulf of Mexico (GOM) dropped more rapidly, falling by 46%. Over the past 15 years, the U.S. GOM's share of active offshore rigs worldwide has declined significantly.

UPDATE 2-Oil prices drop as market torn between bulls and bears

* Many analysts still say prices set to fall further (Adds China oil demand data, updates prices)

GLOBAL MARKETS-Asia shares rise, dollar firm on Fed, ECB views

* Investors await Fed comments, China, euro zone factory surveys

Australia's New Hope sees coal deals accelerating in next 12 months

MELBOURNE, Sept 22 (Reuters) - Australian coal miner New Hope Corp, which has a war chest for potential acquisitions, said it expects coal mine deals to pick up over the next year as buyers' and sellers' views on the outlook for the battered sector start to converge.

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