Energy Update

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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)

LUANDA, Aug 23 (Reuters) - Angola's ruling People's Movement
for the Liberation of Angola (MPLA) elected new party leaders on
Tuesday, including a former army general seen as a front-runner
to succeed long-time president José Eduardo dos Santos.

YENAGOA, Nigeria, Aug 23 (Reuters) - The Nigerian army has
arrested three militants suspected of having been involved in
the killing of four soldiers and seized a large weapons cache,
it said on Tuesday.

CAIRO, Aug 23 (Reuters) - Egypt plans to end fuel subsidies
within three years and is aiming to increase fuel prices to 65
percent of their actual cost during the 2016/17 fiscal year, two
government sources told Reuters on Tuesday.

DUBAI/LONDON, Aug 23 (Reuters) - Iran is sending positive
signals that it may support joint action to prop up the oil
market, sources in OPEC and the oil industry said, potentially
aiding efforts to revive a global deal on freezing production
levels at talks next month.

Many believe that the future of net-zero energy is already here. At the forefront, the Net-Zero Energy Coalition is not only leading the movement, but also creating what their team refers to as “The Hub,” a place where all-things-Zero-Energy (ZNE) can be discovered.

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