Energy Update

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BAGHDAD, Feb 18 (Reuters) - The International Atomic Energy Agency (IAEA) said on Wednesday that Iraq informed it of the theft of an industrial radiography device in the southern city of al-Zubair in November 2015.

Feb 17 (Reuters) - North Dakota's oil output fell nearly 3.0 percent in December, the first drop in three months and a sign producers have finally begun to curb output in the wake of a more-than 70 percent plunge in crude prices.

* Environmental campaigners say 'integrated approach' not enough

Near the end of 2015, the IRS quietly updated a little known rule on storage eligibility for the 30 percent Investment Tax Credit (ITC). The timing seemed odd, with the ITC about to expire, but the IRS must have been privy to what congress was about to do, in passing the Christmas Miracle of a five-year ITC extension at 30 percent.



NEW YORK, Feb 17 (Reuters) - Shares of energy infrastructure-related companies rallied on Wednesday following news of Warren Buffett's sizable position in Kinder Morgan and other new investments in the downtrodden sector.

LONDON, Feb 17 (Reuters) - Rating agency Standard & Poor's downgraded Saudi Arabia, Brazil Kazakhstan, Bahrain and Oman's credit ratings on Wednesday, in its second mass cut of large oil producers in almost exactly a year.

Feb 17 (Reuters) - William Cos Inc's shares continued their surge on Wednesday, having jumped by nearly a fifth this week, narrowing the spread of its takeover offer by rival pipeline company Energy Transfer Equity LP.

Feb 17 (Reuters) - Southern California Gas Co is to be arraigned on criminal charges on Wednesday over a huge methane leak near Los Angeles that forced thousands of residents from their homes, officials said.

SAO PAULO, Feb 17 (Reuters) - Brazilian iron ore miner Samarco Mineração SA, a joint venture of Vale SA and BHP Billiton PLC, delivered an updated environmental recovery plan on Wednesday following a dam burst that devastated a major river.

SAO PAULO, Feb 17 (Reuters) - Supporters and opponents of Luiz Inacio Lula da Silva clashed in street protests on Wednesday after the suspension of planned questioning in an investigation into a beach apartment that prosecutors say was given to the former president by a company involved in a major corruption scandal.

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