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Coal made up more than 80% of retired electricity generating capacity in 2015

(Tue, 08 Mar 2016) Nearly 18 gigawatts (GW) of electric generating capacity was retired in 2015, a relatively high amount compared with recent years. More than 80% of the retired capacity was conventional steam coal. The coal-fired generating units retired in 2015 tended to be older and smaller in capacity than the coal generation fleet that continues to operate.

Short-Term Energy Outlook - Market Prices and Uncertainty Report

(Tue, 08 Mar 2016) The North Sea Brent front month futures price rose $2.83 per barrel (b) from February 1 to settle at $37.07/b on March 3. The West Texas Intermediate (WTI) front month futures price rose $2.95/b and settled at $34.57 over the same period.

Short-Term Energy Outlook

(Tue, 08 Mar 2016) North Sea Brent crude oil prices averaged $32/barrel (b) in February, a $1/b increase from January.
Brent crude oil prices are forecast to average $34/b in 2016 and $40/b in 2017, $3/b and $10/b lower than forecast in last month's STEO, respectively. The lower forecast prices reflect oil production that has been more resilient than expected in a low-price environment and lower expectations for forecast oil demand growth.

UPDATE 1-China crude oil imports hit record 8 mln bpd in February

* New crude import quotas, stockpiling demand boost imports (Adds detail)

CORRECTED-China Feb crude oil imports hit new record

BEIJING, March 8 (Reuters) - China's crude oil imports in February rose 20.2 percent on a daily basis compared to same month last year, reaching a new record, official customs data showed on Tuesday.

UPDATE 3-Brent holds above $40 as investors call bottom on oil rout

* $50 oil to become the new anchor for global oil prices -PIRA

Clinton's pledge to curtail fracking falls on unconvinced ears

WASHINGTON, March 7 (Reuters) - Hillary Clinton's vow to regulate oil and gas fracking almost out of existence was met with skepticism Monday, failing to convince either industry or environment groups that she would - or could - end the controversial drilling practice if she becomes president.

Brent holds above $40 as investors call bottom on commodity rout

SINGAPORE, March 8 (Reuters) - Brent crude oil prices remained over $40 a barrel in early trade on Tuesday, after jumping to a 2016-high the previous session as more producers announced talks to support the market and investors opened new bets on further price rises.

COLUMN-Oil prices expected to recover to around $70 by 2020: Kemp

LONDON, March 7 (Reuters) - Oil prices are expected to rise gradually over the next five years but will remain well below the pre-crash level, according to a survey of professionals who follow the oil industry.

G2X Energy partenrs with engineering firms for Lake Charles methanol plant

G2X Energy, a developer of advanced natural gas to methanol projects, along with their strategic partner the Proman Group, have entered into an engineering services contract with Toyo Engineering (Toyo) for the detailed engineering needs on their previously announced world-scale methanol production facility located in Lake Charles, Louisiana.

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