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UPDATE 1-U.S. court puts Brazil's Petrobras class action on hold

RIO DE JANEIRO, Aug 2 (Reuters) - A U.S. appeals court put a
class action case against Brazil's state-run oil company
Petroleo Brasileiro SA on hold pending the resolution
of an appeal filed by the company, according to a court filing
on Tuesday.

UPDATE 1-TransCanada plans $800 mln refined products project in Mexico

Aug 2 (Reuters) - TransCanada Corp said on Tuesday
it plans to build an $800 million marine terminal and oil
pipeline project for refined products like gasoline and jet
fuel, as the Canadian pipeline operator continues to expand its
footprint in Mexico.

UPDATE 7-Oil falls, U.S. crude ends below $40 on nagging glut worry

* Coming up: API crude inventory report at 2030 GMT

(New throughout, updates prices and market activity to
settlement)

U.S. court suspends class action against Brazil's Petrobras -source

RIO DE JANEIRO, Aug 2 (Reuters) - A U.S. court temporarily
suspended a class action case against Brazil's state-run oil
company Petroleo Brasileiro SA and extended the
period for defining the terms of the case, a source with direct
knowledge of the proceedings said on Tuesday.

Cobalt International's Angola stake sale to Sonangol unlikely

Aug 2 (Reuters) - Cobalt International Energy Inc
said it was unlikely to close a $1.75 billion sale of its 40
percent stake in two offshore oil blocks in Angola to the state
oil company, sending its shares down as much as 43.5 percent.

UPDATE 1-PM May resurrects industrial policy as Britain prepares for Brexit

LONDON, Aug 2 (Reuters) - Prime Minister Theresa May on
Tuesday kickstarted her bid to reshape the British economy for a
post-Brexit world, reviving the once unfashionable concept of
industrial policy 30 years after Margaret Thatcher killed it
off.

White House directs federal agencies to consider climate change impacts

WASHINGTON, Aug 2 (Reuters) - U.S. federal agencies will be
required to disclose whether their actions and decisions will
have an impact on climate change, the White House announced
Tuesday.

UK PM May: Britain will continue to seek investment from around the world

LONDON, Aug 2 (Reuters) - Britain will continue to seek
investment from around the world, a spokesman for Prime Minister
Theresa May said on Tuesday after a meeting of senior ministers
to discuss a new economic and industrial strategy.

Eskom Brings Online First of Four Units at Ingula Pumped Storage Project

South African utility Eskom last week said that it has placed online Unit 4 of the Ingula pumped storage project on the border of the KwaZulu-Natal and Free State provinces.

$100 Billion Now Building Indian Clean Energy

Within the next six years, India needs $300 billion for renewables and grid efficiency, with $100 billion needed for solar alone to meet Prime Minister Narendra Modi’s ambitious plan for energy growth in the country.

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