Energy Update

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CALGARY, Alberta, Nov 7 (Reuters) - Woodfibre LNG, Canada's
first liquefied natural gas export project, will be a
"nice-to-have" fillip for the country's gas producers but does
not signal the start of a west coast LNG boom, industry watchers
said on Monday.

By Jessica Resnick-Ault and Devika Krishna Kumar
NEW YORK, Nov 7 (Reuters) - The forward curve for U.S. crude
oil futures has steepened in recent days as worries that
proposed OPEC supply cuts won't hold, or even materialize,
turned the market's outlook for 2017 deliveries more bearish
relative to longer-term contracts.
With the Organization of the Petroleum Exporting Countries

VANCOUVER, Nov 7 (Reuters) - Canada's Liberal government on
Monday vowed to toughen its response to oil spills at sea, a
move some environmentalists said was a clear signal Ottawa will
approve a hotly-contested pipeline from Alberta's oil sands to
the Pacific Coast.

OTTAWA, Nov 7 (Reuters) - A new Canadian panel that is
looking at how to reform the national energy regulator will have
until the end of March 2017 to hand over recommendations to the
government, a source familiar with the matter said on Monday.

Even though evidence on an ever-worsening global climate keeps pouring in with alarming frequency, the last 12 months have, in fact, been a relatively good year for global climate policy. Next week, the world’s countries meet in Marrakesh, Morocco, to follow up on the gains made at Paris last year, and to try to reconcile these two facts.

NEW YORK, Nov 7 (Reuters) - Retail U.S. gasoline prices
remained elevated in some states on Monday following the restart
of Colonial Pipeline's main gasoline line early on Sunday after
a fatal explosion last week.

Newark, N.J.-based Public Service Enterprise Group hopes to get a positive ruling by the end of 2016 from the New Jersey Board of Public Utilities on its plans to develop 33-MW of grid-connected solar energy on existing landfills and brownfield locations.

PARIS, Nov 7 (Reuters) - The boss of French oil and gas
company Total said on Monday that it would be happy to
be the first Western oil company to reach an agreement with
Iran, but he said a deal had not yet been signed.

Advocacy group Vote Solar, along with environmental law firm Earthjustice, recently filed a petition with the First District Court of the State of Nevada for review of two Public Utilities Commission (PUC) of Nevada orders last year that created a new rate structure ending the existing net metering offering for solar in the state.

BERLIN, Nov 7 (Reuters) - The German government has reached
a tentative agreement on a Climate Action Plan that is aimed at
reducing C02 emissions by 55 percent by 2030 and includes
targets for all sectors, government officials said on Monday.

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