Energy Update

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JOHANNESBURG, Aug 5 (Reuters) - Unions representing workers at South African coal producers have dismissed a wage offer from employers' body, the Chamber of Mines and said negotiations were "not making progress", setting the stage for a potentially prolonged dispute.

Aug 5 (Reuters) - The United States will continue to target Iran's support for militant proxies even with a nuclear deal that lifts nuclear-related sanctions, a senior U.S.

LONDON, Aug 5 (Reuters) - After slashing spending by $180 billion to deal with one of the worst industry downturns in decades, oil companies are still bleeding cash and slipping further into debt to maintain dividends to shareholders.

TRIPOLI, Aug 5 (Reuters) - Libya will import electricity from Egypt and Tunisia and rent generators as it struggles with power outages that have plunged its main cities into darkness, the Tripoli-based prime minister said.

Aug 5 (Reuters) - Miner Freeport-McMoRan Inc said it would cut its budget for oil and gas operations due to weak prices and defer investments in several long-term projects.

Aug 5 (Reuters) - Rowan Cos Plc reported a higher-than-expected quarterly profit as the driller retained customers by deploying new ultra-deepwater rigs and lowering prices.

Aug 5 (Reuters) - U.S. natural gas producer Chesapeake Energy Corp reported a quarterly loss, compared with a year-earlier profit, as it took a $5 billion charge on some oil and gas assets.

Aug 5 (Reuters) - Rowan Cos Plc's quarterly profit more than doubled as the driller cut costs and ensured continued demand by deploying ultra-deepwater rigs and lowering prices.

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