Energy Update

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(Wed, 26 Oct 2016) In 2015, 11 states generated at least 10% of their total electricity from wind. As recently as 2010, only three states had at least a 10% wind share. Iowa had the largest wind generation share, at 31.3%, and South Dakota (25.5%) and Kansas (23.9%) had wind generation shares higher than 20%. Two additional states, Texas and New Mexico, are on track to surpass a 10% wind generation share in 2016, based on data through July.

* Crude weighed down by surge in US stocks, rising Nigeria
exports

KINSHASA, Oct 26 (Reuters) - The U.S.-based Carter Center
called on Congo to release the contract for state miner
Gecamines' sale, reported by the media, of a 25 percent stake in
the Metalkol copper project to a wholly owned subsidiary of
Eurasian Resources Group.

LONDON, Oct 25 (Reuters) - OPEC's output accord in Algiers
last month was initially greeted with enthusiasm by oil market
bulls but much of that euphoria is now dissipating as traders
question whether it will make an actual difference.

* Crude weighed down by surge in US stocks, rising Nigeria
exports

During the first nine months of the year, Iberdrola gained a net profit of €2.042bn, up by 6.4% on the same period last year, due to good business performance and the reduction in operating and financial costs.

Oct 25 (Reuters) - Canadian National Railway Co
reported a 6.5 percent fall in quarterly revenue on Tuesday as
it moved lower volumes of crude oil, coal and fracking sand.

Oct 25 (Reuters) - Contract oil and gas driller Nabors
Industries Ltd said on Tuesday it was seeing significant
utilization increases in the Lower 48 states of the United
States, but that spot market pricing remained competitive.

BRUSSELS, Oct 25 (Reuters) - The European Union will decide
by Monday whether to ease restrictions on Russia's access to a
gas pipeline link to Germany, two people close to the issue said
on Tuesday.

CHICAGO, Oct 25 (Reuters) - A U.S. judge on Tuesday ordered
the bankrupt U.S. subsidiaries of renewable energy company
Abengoa SA to disclose their dealings with their
Spanish parent, which was accused of draining cash from the U.S.
units.

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