Energy Update

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KIEV, March 9 (Reuters) - Ukraine's National Anti-Corruption Bureau (NABU) said on Wednesday it suspected a senior executive in state energy firm Naftogaz of putting "illegal pressure" on a former minister to secure a government post.

TORONTO, March 9 (Reuters) - Canada's benchmark stock index rose on Wednesday, led higher by energy stocks as crude oil prices rallied while financial sector stocks gained after the Bank of Canada chose to hold interest rates steady.

OSLO, March 9 (Reuters) - Norway's $830-billion sovereign wealth fund pulled out of 27 firms with links to coal last year as part of a policy to combat climate change, prompting campaigners to urge other big investors to follow suit.

GE last week said that its energy consulting business has been chosen by wind energy firm IL&FS Energy Development to examine the feasibility of integrated wind, solar and energy storage projects at IL&FS Energy’s sites in Ramagiri, Andhra Pradesh, and Nana Layja, Gujarat, India.

WASHINGTON, March 9 (Reuters) - The United States is aware of additional Iran ballistic missile tests conducted on Wednesday and will consider an appropriate response, U.S. officials said, vowing to protect U.S.-ally Israel.

NAIROBI, March 9 (Reuters) - Kenya and Japan on Wednesday signed a 46 billion yen ($408 million) loan agreement to go towards building a 140 megawatt (MW) geothermal power plant that is expected to be operational within the next two years, the two governments said.

ABUJA, March 9 (Reuters) - Nigeria's petroleum minister said on Wednesday he would hold talks with trade unions to resolve a strike over restructuring at the state oil company in Africa's biggest crude producer.

Does offshore wind energy, so common in Europe, pose risks to the U.S. shipping industry? That’s a question the Coast Guard has spent five years studying. According to offshore wind advocates, the Coast Guard’s study process raises significant questions about staff qualifications, influence, and findings in preliminary drafts.

LONDON, March 9 (Reuters) - Commodity traders and academic economists agree there is a close relationship between stock levels and the strip of futures prices.

LAGOS, March 9 (Reuters) - Nigeria's minister of state for petroleum said on Wednesday he was concerned by a strike by staff at the state oil company over a restructuring that will see it split into five divisions, and would meet trade unions to resolve the dispute.

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