Energy Update

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July 7 (Reuters) - U.S. crude oil inventories fell for a
seventh consecutive week, within analysts forecasts but far less
than market expectations amid a drop in refinery runs and higher
imports, while gasoline stocks also fell less than expected, the
U.S. Energy Information Administration said on Thursday.

LONDON, July 7 (Reuters) - Royal Dutch Shell has changed its
redundancy terms so it can claim tax refunds that some UK
workers would otherwise have been able to claim on redundancy
payments, internal documents seen by Reuters show.

CAIRO, July 7 (Reuters) - A fire that broke out at a
domestic gas storage facility in Yemen's Marib province on
Thursday killed a worker and seriously injured four others,
according to state media and a local official.

Minnesota’s 2013 solar legislation started two new consumer-oriented solar experiments, both of which gained national attention. Three years later, these two programs have taken markedly different paths.

A team of three Boise State University students has been selected as one of 12 finalists in the U.S. Department of Energy Geothermal Technologies Office’s Geothermal Design Challenge.

Hanergy Holding Group Ltd. introduced four cars powered by solar panels as it seeks to expand the use of photovoltaic technology to products ranging from furniture to bags.

Revolutions in financing have cemented solar energy as a mainstay of U.S. energy production in the residential and utility market segments. But one segment of the solar market still struggling to find its footing among finance professionals is the commercial and industrial (C&I) segment.

July 7 (Reuters) - Royal Dutch Shell's Nigerian
division lifted a force majeure on exports of Bonny Light crude
oil on Thursday, the latest sign that Nigeria's oil production
is recovering after being hit by militant attacks in its
oil-rich delta region.

FRANKFURT/MADRID, July 7 (Reuters) - General Electric
and German wind turbine maker Senvion are preparing
bids for French wind power group Adwen, which is jointly owned
by Spain's Gamesa and France's Areva, people
familiar with the matter said.

* Supply glut likely to hurt refiners for 2nd straight
quarter

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