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HOUSTON, Aug 23 (Reuters) - The promise that some oil
traders and brokers saw for an expanded Panama Canal to become a
new route for large tankers will take longer to realize than
expected because many ships must first undergo inconvenient
retrofits to transit through the new locks, shipping industry
experts said.

HOUSTON, Aug 23 (Reuters) - Federal regulators have
concluded that recent earthquakes in North Texas are likely
linked to wastewater disposal wells used by the oil and gas
industry, echoing findings from researchers at Texas
universities.

SAN FRANCISCO, Aug 23 (Reuters) - California sold just over
one-third of the carbon permits it offered to cover emissions
this year, receiving the minimum price at an auction last week,
regulators of the state's cap-and-trade program said on Tuesday.

HOUSTON, Aug 23 (Reuters) - The promise that some oil
traders and brokers saw for an expanded Panama Canal to become a
new route for large tankers will take longer to realize than
expected because many ships must first undergo inconvenient
retrofits to transit through the new locks, shipping industry
experts said.

SAN FRANCISCO, Aug 23 (Reuters) - California sold just over
one-third of the carbon permits it offered to cover emissions
this year, receiving the minimum price at an auction last week,
regulators of the state's cap-and-trade program said on Tuesday.

Aug 23 (Reuters) - Tesla Motors Inc Chief Executive
Elon Musk said on Tuesday that the company planned to make a
product announcement later in the day, sending the company's
share price higher.

* 2017 budget could price oil at $35 a barrel

(Combines PM comments on oil, adds context)

TORONTO, Aug 23 (Reuters) - Canada's Rusoro Mining Ltd
said on Tuesday it has been awarded more than $1.2
billion by a World Bank tribunal that ruled Venezuela had
unlawfully seized the company's gold assets four years ago.

RWE Innogy UK Ltd. is awaiting a decision by the end of August or in early September on its resubmitted planning application for the run-of-river US$17 million, 5 MW hydroelectric project located across Conwy Falls and Fairy Glen near Betws-y-Coed, the principal village of Snowdonia National Park, in northwest Wales, UK.  

* Tesco gains after industry data

(Adds detail and quote, updates prices at close)

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