Energy Update

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Jan 17 (Reuters) - The California Department of
Conservation's Division of Oil, Gas and Geothermal Resources
said on Tuesday it would conduct two public meetings on pressure
limits for Southern California Gas' Aliso Canyon natural gas
storage facility.

WASHINGTON, Jan 17 (Reuters) - Rolls-Royce Plc agreed
to pay authorities more than $800 million to resolve charges of
bribing officials in six countries in schemes that lasted more
than a decade, the U.S. Justice Department and UK Serious Fraud
Office said in statements on Tuesday.

“As we advance deeper into a new energy paradigm, we need to pick-up the pace of our decarbonization efforts.” That was the message this week from the director-general of the International Renewable Energy Agency (IRENA), Adnan Amin.

UNITED NATIONS, Jan 17 (Reuters) - The United Nations doubts
the willingness of the South Sudan government to cooperate with
the deployment of thousands more peacekeepers and urged the
Security Council to apply "credible pressure," according to a
report seen by Reuters on Tuesday.

PARIS, Jan 17 (Reuters) - French gas grid operator GRTgaz
said a force majeure in Algeria and tensions in the global gas
market were reducing deliveries of liquefied natural gas (LNG)
to southern France, just as winter demand for heating
intensifies.

NEW YORK, Jan 17 (Reuters) - U.S. shale production is set to
snap a three-month decline in February, the U.S. government said
on Tuesday, as energy firms boost drilling activity with crude
prices hovering near 18-month highs.

NEW YORK, Jan 17 (Reuters) - U.S. shale oil production is
expected to rise by 41,000 barrels per day in February to 4.748
million bpd as energy firms boost drilling with crude prices
near 18-month highs, according to data from the U.S. Energy
Information Administration on Tuesday.

Jan 17 (Reuters) - Shipping operations at one of three docks
of Venezuela's main crude exporting port were halted after an
oil spill occurred while loading a vessel bound for India, union
and shipping sources told Reuters on Tuesday.

In a lab 18 feet below the Engineering Quad of Stanford University, researchers in the Dionne lab camped out with one of the most advanced microscopes in the world to capture an unimaginably small reaction.

BELGRADE, Jan 17 (Reuters) - Serbia deployed three
icebreakers on Tuesday to smash ice blocks jamming parts of the
Danube river and prevent damage to bridges and ships moored
along the waterway.

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