Energy Update

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Jan 29 (Reuters) - Chevron Corp reported its first quarterly loss in more than 13 years on Friday despite Wall Street's expectations for a profit, as plunging oil prices eroded profitability across all its divisions.

LONDON, Jan 29 (Reuters) - Saudi Arabia has successfully defended its share of the U.S.

As you may have noticed in the stories around the launch of the Great Green Fleet, it is a complex maze of relationships when it comes to a technology benefitting from mandates like the Renewable Fuel Standard and the California’s Low Carbon Fuel Standard and various carbon taxes and tax credits.

COLOMBO, Jan 29 (Reuters) - Sri Lanka's president announced on Friday a $40 billion mega-development project to build a new city over the next 15 years in a push to attract more foreign investment to the Indian Ocean island nation.

OTTAWA, Jan 29 (Reuters) - Canadian economic growth edged up in November on an increase in oil and gas extraction, as well as greater wholesale and retail trade but the modest improvement still pointed to a fourth quarter that was likely weak at best.

MOSCOW, Jan 29 (Reuters) - Russian oil firms would have to pay more tax on some of their fields under reforms being prepared by the finance ministry, which is seeking to get more revenue into the budget, according to three officials and a draft of the plans seen by Reuters.

The wind industry is addressing bat-related risks from a number of different vantage points – some of which have been initiated voluntarily.

FRANKFURT/BERLIN, Jan 29 (Reuters) - German politicians and auto executives will discuss creating incentives worth up to 5,000 euros ($5,500) to boost sales of electric and hybrid cars, a senior ally of Chancellor Angela Merkel said on Friday.

Jan 29 (Reuters) - U.S. natural gas futures climbed up 5 percent early Friday in a short covering rally on forecasts for colder weather through the middle of February that should boost heating demand. After trading within a few cents of unchanged for eight days in a row, front-month gas futures on the New York Mercantile Exchange rose 10.9 cents to $2.291 per million British thermal units at 9:15 a.m. EST (1415 GMT).

TBILISI, Jan 29 (Reuters) - Georgia's economic growth rate slowed to 2.8 percent in 2015 from 4.6 percent in 2014, the national statistics service said on Friday.

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