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Deal or no deal in Vienna, oil investors are preparing for higher prices

LONDON, Oct 25 (Reuters) - The chance of an agreement to
freeze or cut crude output when OPEC members meet next month
might appear more distant now Iraq has joined those asking for
an exemption, but investors are ramping up their bets that oil
prices will rally.

Autonomous Electric Vehicles — Mobility Services and Grid Flexibility

I’ll be the first to coin a new clean tech acronym AEV (autonomous electric vehicles)—a complete solution for mobility services and grid flexibility. Imagine a future when you text your utility company at the end of the day the times and locations of tomorrow’s family travel needs and in seconds obtain confirmation.

UPDATE 1-Cost cuts help refiner Valero beat profit estimate

Oct 25 (Reuters) - Valero Energy Corp's quarterly
profit beat analysts' estimate by a wide margin, as the largest
independent U.S. refiner kept a tight leash on costs.

Miner Freeport-McMoRan returns to profit after nearly 2 years

Oct 25 (Reuters) - Diversified U.S. miner Freeport-McMoRan
Inc swung to a profit after seven quarters of losses,
helped by cost cutting and asset sales to combat a weakened
commodity market.

Encouraging Results from ABB's Hybrid Renewable Microgrids

Low-carbon microgrids have assumed a place in the strategic agendas of some of the world's largest power and industrial engineering corporations. That includes Swedish-Swiss ABB, whose roots in the now fast moving microgrid market segment date back some 25 to 30 years.

UPDATE 2-Fukushima nuclear clean-up may rise to several billion dollars a year -govt

* Decommission costs to rise significantly from less than
$800 mln per year

Iraq seeks OPEC deal that would preserve oil output

BAGHDAD, Oct 25 (Reuters) - Iraq told a top OPEC official on
Tuesday of its hope that the group could reach a deal to lift
oil prices while preserving its own output level, a spokesman of
the oil ministry said.

UPDATE 1-Baker Hughes posts smaller-than-expected loss as cost cuts pay off

Oct 25 (Reuters) - Oilfield services provider Baker Hughes
Inc reported a much smaller-than-expected quarterly loss
as the company's aggressive cost-cutting measures paid off.

D.E.Shaw proposes to replace SunEdison as Terraform Power sponsor

Oct 25 (Reuters) - Hedge fund manager D.E. Shaw and Co made
a non-binding proposal to replace SunEdison Inc as
the operating sponsor of the bankrupt solar company's yieldco
Terraform Power Inc, according to a regulatory filing
on Tuesday.

Challenges and Potential for Pumped Storage Hydropower, As Energy Storage Legislation Lags in UK

A series of recent reports from the UK calls for commitment and effective policies to support energy storage deployment across the country. In one report — Energy Storage in the UK: An Overview — the Renewable Energy Association (REA) observe that UK energy storage capacity stands at a total of 3.23 GW via some 35 grid-scale storage projects and over 1,500 residential storage systems.

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