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Climate changes mean Canada to spend more on disasters- insurers

OTTAWA, May 18 (Reuters) - Canada will have to set aside
more money to deal with natural disasters like wildfires, storms
and floods as climate change starts to bite, the country's
property insurance industry group said on Wednesday.

Britain's FTSE retreats from 2-week high, miners weigh

* Banks rally on renewed prospect of U.S. rate hike

(Updates with prices at close)

Burnt by oil price crash, Europe's oil majors warm up to green energy investments

LONDON, May 18 (Reuters) - Europe's biggest oil companies,
reeling from losing billions in the two-year oil market rout,
are intensifying their push into renewable energy as they hunt
for new sources of future revenue.

Israel to use new sea-borne missile defence to guard gas fields

JERUSALEM, May 18 (Reuters) - Israel's military said on
Wednesday it had developed a version of its Iron Dome missile
interceptor system that can be fired from the deck of a cruising
navy ship to protect its offshore gas platforms.

UPDATE 1-U.S. crude inventories rise unexpectedly; product stocks slump- EIA

NEW YORK, May 18 (Reuters) - U.S. crude oil stockpiles rose
unexpectedly last week even as gasoline and distillate
inventories fell more than expected, data from the Energy
Information Administration showed on Wednesday.

Companies could move headquarters if France limits executive pay -Total CEO

PARIS, May 18 (Reuters) - Firms could move their
headquarters out of France if the government pursues legislation
to limit the remuneration of company executives, the CEO of oil
major Total said on Wednesday.

Russia to use Reserve Fund to offset smaller Gazprom dividends - Moiseev

MOSCOW, May 18 (Reuters) - Russian Deputy Finance Minister
Alexei Moiseev said on Wednesday that the government would tap
the country's Reserve Fund to compensate for smaller dividends
from state gas giant Gazprom.

What’s behind Caterpillar’s New Hybrid Microgrid Play? Here’s a Deeper Look

Caterpillar became the latest big infrastructure company to unveil a microgrid play with the recent launch of its hybrid microgrid into the global market.

Market Insight: The Status of Commercial and Progressive Geothermal Technologies

Of the approximately 313 MW of new geothermal capacity that came online last year, most of it was from small binary/organic rankine cycle projects, but the dominance of new binary/ORC installations in 2015 is not indicative of how the geothermal market will grow in the future, according to a report from the Geothermal Energy Association.

Municipal Solar and Microgrids: A PV Market Outlook

Small cities and towns are prime off takers for solar power and solar developers are hoping to delve further into that market in 2016.

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