Energy Update

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* Energy group jumps 7 pct; seven of TSX's 10 main groups
fall

UNITED NATIONS, Nov 30 (Reuters) - The United Nations
Security Council imposed new sanctions on North Korea on
Wednesday aimed at cutting the Asian country's annual export
revenue by a quarter in response to Pyongyang's fifth and
largest nuclear test in September.

JOHANNESBURG, Nov 30 (Reuters) - Eskom veteran Matshela Koko
has been appointed acting chief executive of South Africa's sole
power utility with effect from Dec. 1, the Public Enterprises
Minister said on Wednesday.

UNITED NATIONS, Nov 30 (Reuters) - The United Nations
Security Council imposed new sanctions on North Korea on
Wednesday that aim to cut the Asian state's annual export
revenue by more than a quarter in response to Pyongyang's fifth
and largest nuclear test in September.

LONDON, Nov 30 (Reuters) - Royal Dutch Shell, the
world's second-biggest publicly listed oil company, is studying
acquisitions in the green energy sector, its CEO told Reuters,
as it bows to shareholder demands for a strategy beyond fossil
fuels.

* Aims for greater EU grid cooperation, price convergence

(Updates with formal presentation of draft law, reaction)

* Trump's election doesn't change renewable business

(Adds additional comments on liquidity, U.S.)

SINGAPORE, Nov 30 (Reuters) - Indonesia's Tangguh LNG
project has invited market participants to bid for 2017-2019
cargoes.

BRUSSELS, Nov 30 (Reuters) - The European Commission
unveiled a reform of Europe's power grid after 2020 on
Wednesday, proposing to cut energy waste, better integrate
renewables and phase out subsidies for coal-fired electricity
generation.

AMSTERDAM, Nov 30 (Reuters) - The Dutch government on
Wednesday proposed a 33 percent increase in its budget for
renewable energy projects in 2017, as it attempts to catch up
after lagging on its 2020 emission reduction targets.

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