Energy Update

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LONDON, July 8 (Reuters) - Britain's renewable energy suppliers and their customers will no longer be exempt from a climate change tax, finance minister George Osborne said on Wednesday, knocking shares in power producer Drax to their lowest ever level.

* Rosneft says Vadinar refinery capacity to more than double (Adds detail, quotes)

MEXICO CITY, July 8 (Reuters) - Mexican state-owned oil company Pemex is ramping up gasoline imports and boosting domestic production at two major refineries after fuel shortages led to long lines at gas stations in several states this week.

PARIS, July 8 (Thomson Reuters Foundation) - Dealing with climate change and its risks will require not only technical responses like drought-resilient crops and higher sea walls but also reshaping economic and political incentives that are driving global warming, scientists said on Wednesday.

July 8 (Reuters) - Pipeline company Energy Transfer Equity LP said it was open to take part in Williams Companies Inc's strategic review despite having a takeover offer rebuffed, but only if the process was "fair" and not designed to disadvantage Energy Transfer.

BEIRUT, July 8 (Reuters) - Syrian President Bashar al-Assad has signed a law ratifying a $1 billion credit line from top regional ally Iran, Syria's state news agency SANA said in a newsflash on Wednesday, funds which will help ease economic strains from the costly war.

ASHGABAT, July 8 (Reuters) - Turkmenistan, irked by falling natural gas exports to Russia, hit out at Moscow's gas export monopoly Gazprom on Wednesday, saying the energy giant had not paid for gas purchased from the Central Asian country so far this year.

LONDON, July 8 (Reuters) - Brent futures prices tumbled more than 6 percent on Monday, a highly unusual move that has raised questions about whether shifting fundamentals will send the market even lower over the coming months.

WARSAW, July 8 (Reuters) - Poland's state-run energy companies will contribute to a rescue fund for the troubled coal miner Kompania Weglowa, Treasury Minister Andrzej Czerwinski said on Wednesday, without naming the companies.

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