Energy Update

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SPEYSIDE, Trinidad & Tobago, Feb 5 (Reuters) - Plunging oil prices are darkening Trinidad and Tobago's Carnival party, which is ramping up as the Caribbean nation slumps deeper into the sort of unpredictable recession that is gripping energy-reliant countries globally.

The U.K. Green Investment Bank Offshore Wind Fund and funds managed by BlackRock Inc. acquired GLID Wind Farms TopCo Ltd. from Centrica Plc and EIG Global Energy Partners LLC for 423 million pounds ($615 million).

OSLO, Feb 5 (Reuters) - Sweden's nuclear regulator has ordered tighter security measures including armed guards and perimeter dog patrols at its nuclear power plants because of the global security situation.

A new algae raceway testing facility at Sandia National Laboratories is helping researchers bring the promise of algal biofuels closer to reality.

LONDON, Feb 5 (Reuters) - Fourth-quarter earnings of Europe's leading companies have been boosted by cost cutting and better operating margins, with higher profits contrasting with falls seen in the United States.

* Barents Sea gas could be pipeline or LNG depending on signals

TORONTO, Feb 5 (Reuters) - Canada's main stock index fell on Friday in a broad retreat after a weak jobs report and as falling oil prices weighed on energy stocks.

Against the rapidly evolving landscape of renewable energy, hydropower remains the world’s primary source of clean energy — providing over 80 percent of renewable energy capacity, according to the International Energy Agency (IEA).

CAPE TOWN, Feb 5 (Reuters) - South Africa is hoping to boost coal exports to India after shipping a record 75.4 million tonnes of coal last year, industry officials said on Friday, as a drop in exports from rival Indonesia opens up the chance to grab market share.

LONDON, Feb 5 (Reuters) - If the bond market is to be believed, the world is heading for recession.

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