Energy Update

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July 21 (Reuters) - Canadian oil and gas producer Encana
Corp reported an unexpected quarterly operating profit,
helped by a cost-cutting drive, and said it would raise its 2016
capital expenditure program.

PARIS, July 21 (Reuters) - French electricity grid operator
RTE and Ireland's EirGrid said on Thursday they are taking their
1 billion euros ($1.1 billion) subsea electricity cable project
linking Ireland and France to the next phase following the
completion of feasibility studies.

July 21 (Reuters) - Canadian rig contractor Precision
Drilling Corp posted a bigger second-quarter loss, hurt
by the lowest drilling activity in decades during the period as
oil producers slashed spending.

July 21 (Reuters) - Canadian oil and gas producer Encana
Corp reported a smaller quarterly loss, helped
by its ongoing cost-cutting drive, and said it would raise its
2016 capital expenditure program by $200 million.

July 21 (Reuters) - Canadian rig contractor Precision
Drilling Corp posted a bigger quarterly loss, hurt by
the lowest drilling activity in decades as oil producers slash
spending.

AMSTERDAM, July 21 (Reuters) - Trade volumes at Rotterdam
fell in the first half of the year, port authorities there said
on Thursday, saying slower emerging markets and growing
Brexit-related uncertainty affected traffic.

* Malaysia-China-Australia tripartite meeting on Friday

(Adds previous tripartite agreement, recasts headline)

* Supplies from Kuwait, Venezuela jump

(Adds fuel exports, NDRC figures on H1 oil demand; chart)

The US is poised to send more ethanol to Korea, which has traditionally imported Grade B product mostly from Brazil.

TRIPOLI, July 21 (Reuters) - Libya's U.N.-backed unity
government has said France had not coordinated with it over the
presence of French troops in Libya and that it would not
compromise on its sovereignty after France announced the deaths
of three of its soldiers there.

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