Energy Update

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JERUSALEM, March 29 (Reuters) - Israel's energy minister said on Tuesday he believes recent turmoil in the country's natural gas sector will be resolved within a couple of months, before too much damage is done.

LONDON, March 29 (Reuters) - Hedge funds and other money managers have amassed a near-record number of bullish bets on increasing oil prices, helping push the main international benchmark well above $40 per barrel.

* Conglomerates want foreign-educated Farsi speakers, expertise

March 29 (Reuters) - U.S. solar company SunEdison Inc unit TerraForm Global Inc said on Tuesday there was "substantial risk" that SunEdison would soon seek bankruptcy protection.

KIEV, March 29 (Reuters) - The Ukrainian parliament approved on Tuesday the resignation of General Prosecutor Viktor Shokin, an official seen by the Ukraine's Western backers as an obstacle to tackling corruption.

The global nuclear industry is spending $47 billion on safety enhancements mandated after the nuclear accident at Fukushima revealed weaknesses in plant protection from earthquakes and flooding.

(Tue, 29 Mar 2016) U.S. production of hydrocarbon gas liquids (HGL)—a group of products including ethane, propane, butanes, and natural gasoline—is expected to increase from 3.86 million barrels per day in 2015 to 4.33 million b/d in 2017, according to EIA's <em>Short-Term Energy Outlook</em>. HGLs are produced at both natural gas processing plants and petroleum refineries, but natural gas plants are expected to provide more than 95% of forecast production growth.

LAUNCESTON, Australia, March 29 (Reuters) - - The falling dominoes that are major liquefied natural gas (LNG) projects show that the industry needs a re-think on how it is structured and operates.

March 28 (Reuters) - Venezuela's state-owned oil company PDVSA on Monday said it was the target of a smear campaign after the U.S.

QUITO, March 28 (Reuters) - Ecuador's oil minister said on Monday he will travel to Colombia and Mexico this week to discuss a proposed meeting between Latin American oil producers to unify the region in backing an output freeze or other measures to bolster prices.

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