Energy Update

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LONDON, Aug 22 (Reuters) - Hedge funds executed one of the
fastest U-turns on record this month as managers turned from
super-bearish to cautiously bullish about the outlook for oil
prices.

MEXICO CITY, Aug 22 (Reuters) - A Mexican development bank
said on Monday it will issue up to 2 billion pesos ($109
million) in green bonds, marking the country's first such
issuance in the local market.

* Output freeze would do little to rein in the glut -
Goldman

WASHINGTON, Aug 22 (Reuters) - U.S. regulators on Monday
denied a request by major automakers to extend the comment
period on environmental analysis to determine whether government
fuel efficiency requirements are feasible through 2025.

GE Oil & Gas has been awarded a multi-million dollar Frame Agreement by Oil and Natural Gas Corporation Limited (ONGC), India’s largest exploration and production company.

Meridian Energy Group (Meridian Energy) announced that the Company has finalized a License agreement with Axens North America, Inc. (Axens NA), an affiliated company of the IFP EN to define the underlying proprietary process technology for several of the Refinery process unit operations, and grant a license to Meridian to implement the project using Axens NA's know-how.

MISC Berhad (MISC), one of the world’s leading energy related maritime solutions and services provider has made inroads into Thailand’s offshore oil and gas market for the first time.

WASHINGTON, Aug 22 (Reuters) - U.S. regulators late on
Monday denied a request by major automakers to extend the
comment period on a key environmental analysis to determine
whether government fuel efficiency requirements are feasible
through 2025.

NEW YORK, Aug 22 (Reuters) - Keith Meister, who runs hedge
fund Corvex Management LP, said on Monday that he planned to
nominate candidates to replace pipeline company Williams Cos
Inc's entire board.

* Govt's opponents say it is strengthening role of militias

(Adds details, reaction)

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