Energy Update

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There is a far-reaching transformation underway in the electricity industry. The electric grid that has powered our lives for more than a century is undergoing major changes, in response both to technological advancements and the consumer demand these new technologies have unleashed. In short: the grid is modernizing and it’s happening all across the country.

LONDON, Feb 5 (Reuters) - Zinc is the stand-out amid the general industrial metals gloom right now.

NEW YORK, Feb 5(Reuters) - Investment vehicles that funneled more than $100 billion into U.S. pipelines, storage and other facilities during the shale boom now face an existential crisis after oil tumbled so low that it upended assumptions about risks and returns they offer.

PARIS, Feb 5 (Reuters) - France's Vinci is looking at opportunities to grow in concessions in Latin America and in oil and gas and infrastructures in Iran, as it further expands abroad to counter weak growth at home, its chief executive said on Friday.

LONDON, Feb 5 (Reuters) - Even as millions of barrels of oil are pumped at a loss at current prices, only a fraction of the production has been shut, industry research group Wood Mackenzie said on Friday.

The EU will likely miss its export quota for the 2015-16 season due to lower output, according to Sopex, a UK-based sugar trading company. Sopex analysts forecast EU exports to be less than 1 million mt, which is less than the 1.35 million mt established in line with WTO rules.

* RWE says can't rule out impairments (Adds analyst's comment, context)

* BG beats 2015 production target thanks to Brazil, Australia

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