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Electricity supply in Iraq's Kurdistan region hit by blast

ERBIL, Iraq, Jan 29 (Reuters) - A pipeline for gas used to generate around half the electricity in Iraq's northern Kurdistan region was blown up on Friday, knocking out power, a police chief and electricity official told Reuters.

UPDATE 1-U.S. oil drillers cut rigs for sixth straight week - Baker Hughes

(Adds basin details) Jan 29 (Reuters) - U.S. energy firms cut oil rigs for the sixth straight week, data showed on Friday, and were expected to shed more with major U.S. shale oil companies slashing spending plans after crude prices hit 12-year lows. Drillers removed 12 oil rigs in the week ended Jan. 29, bringing the rig count down to 498, the least since March 2010, oil services company Baker Hughes Inc said. That compares with 1,223 rigs in same week a year ago.

New York area ports shut down after dock workers walk out

U.S. oil drillers cut rigs for sixth straight week -Baker Hughes

Jan 29 (Reuters) - U.S. energy firms cut oil rigs for the sixth straight week, data showed on Friday, and were expected to shed more in coming weeks with three major U.S. shale oil companies slashing their spending plans after crude prices hit 12-year lows. Drillers removed 12 oil rigs in the week ended Jan. 29, bringing the rig count down to 498, the least since March 2010, oil services company Baker Hughes Inc said in its closely followed report.

UPDATE 2-Consol Energy says cash flow will help it ride out commodity slump

* Shares rise by almost 22 pct (Adds analyst and CEO quote, updates shares)

Venezuela oil min to visit Russia on foreign tour

CARACAS, Jan 29 (Reuters) - Venezuela's Oil Minister Eulogio del Pino will visit Russia on a tour beginning on Saturday of OPEC and non-OPEC countries intended to drum up support for action to stem the tumble in crude prices, the government said.

Gamesa, Siemens wind power tie up "roughly" merger of equals -source

MADRID, Jan 29 (Reuters) - The potential tie-up between Spanish energy firm Gamesa and Siemens's wind business would involve the German engineering group owning just over half, a source directly involved in the talks said.

UPDATE 1-Germany considers $5,500 incentive for electric cars

* Chancellor to discuss proposal with carmakers next week (Adds details on proposal)

Investors in thriving European refineries on alert for turning point

MILAN, Jan 29 (Reuters) - A rebound in oil prices this month could test the nerves of investors in European oil refiners, a sector that has sparkled as cheap crude fattened profit margins.

California senators seek methane leak task force in U.S. energy bill

WASHINGTON, Jan 29 (Reuters) - The two U.S. Senators representing California said on Friday they will propose a federal task force to investigate the cause and response to the massive natural gas leak near Los Angeles.

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