Energy Update

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A three-year project funded through Horizon 2020 — the EU Framework Program for Research and Innovation — is aiming at re-thinking electricity grid operations to support higher amounts of renewable energy.

* Fresenius gains following Spanish acquisition

Sept 6 (Reuters) - Billionaire Carl Icahn's Icahn
Enterprises LP said would buy the 18 percent of auto
parts maker Federal-Mogul Holdings Corp that it did not
already own for $9.25 per share.

* Spectra shares up more than 10 pct, Enbridge up 4 pct

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updates shares)

LIBREVILLE, Sept 6 (Reuters) - A European Union mission to
observe Gabon's election said on Tuesday it had found anomalies
in results from the southeast region of Haut-Ogooue where
President Ali Bongo won 95.46 percent of the votes cast.

WASHINGTON, Sept 6 (Reuters) - A vessel from Iran's Islamic
Revolutionary Guard Corps came within 100 yards of a U.S.
military ship in the central Gulf on Sept. 4, two U.S. Defense
Department officials told Reuters on Tuesday.

SAO PAULO, Sept 6 (Reuters) - Brazil's Petroleo Brasileiro
SA agreed to sell 90 percent of its natural
gas pipeline unit to a group of investors led by Canada's
Brookfield Asset Management Inc for $5.2 billion, a
source with direct knowledge of the deal said on Tuesday.

While the UK has backtracked on a few renewable issues of late, including cutting subsidies for wind and solar, one thing is clear— they have a target to reach for reducing carbon emissions and, at the moment, they look like they will fail to meet this for 2020. That’s less than four years away and the government’s energy and climate change policy seems in a little disarray to say the least.

* France seeks Gabon's help to locate missing nationals

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President Barack Obama announced new federal conservation measures Wednesday at Lake Tahoe as he seeks to emphasize global efforts to fight climate change ahead of the Group of 20 summit in China.

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