Energy Update

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MOSCOW, Sept 18 (Reuters) - Russia's oil production may drop if crude falls below $40 a barrel, Deputy Energy Minister Alexei Teksler said on Friday, the first time Russia, one of the world's biggest producers, has acknowledged low prices could hit output.

Sept 18 (Reuters) - Antero Resources Corp said it would sell its business that delivers fresh water to the shale industry to its master limited partnership Antero Midstream Partners LP in a deal valued at $1.05 billion including debt.

Producers of motor fuels from plant waste say they have been left behind in President Barack Obama’s push to fight climate change.

Sept 18 (Reuters) - Antero Midstream Partners LP said it would buy Antero Resources Corp's business that delivers fresh water to shale drillers in a deal valued at $1.05 billion.

* Plans to cut debt by raising 890 million pounds (Adds details)

** Mining and trading co Glencore down 2 pct, trading near life low & top FTSE-100 loser after trade bodies raise questions about its recent $2.5 bln equity placing

NEW DELHI, Sept 18 (Reuters) - India is preparing a rescue package for power utilities owing tens of billions of dollars, but Prime Minister Narendra Modi must first convince states to make politically hard choices as he seeks a victory for reforms needed to galvanise the economy.

So what's changed in the six years since Copenhagen? A lot, it turns out.

(Fri, 18 Sep 2015) Results from second-quarter 2015 financial statements of a number of U.S. companies with onshore oil operations suggest continued financial strain for some companies. Low oil prices have significantly reduced cash flow for U.S. oil producers, and to adjust to lower cash flows, companies have reduced capital expenditures and raised more cash from debt and equity.

* Asia-Pac IPOs up 15 pct so far in 2015, but have stalled now

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