Energy Update

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MONTREAL, Jan 26 (Reuters) - Canadian Prime Minister Justin Trudeau pledged on Tuesday to require that environmental reviews of proposed oil pipelines consider greenhouse gas effects, and said it was not his role to be a cheerleader for such projects.

BRUSSELS, Jan 26 (Reuters) - The European Union is discussing imposing travel bans and asset freezes on at least two Libyans seen as blocking efforts by the United Nations to form a government of national unity, diplomatic sources said on Tuesday.

LONDON, Jan 26 (Reuters) - The Scottish government is seeking an urgent meeting with Britain's finance minister to urge him to lower taxes on energy companies after Scotland suffered heavy job losses due to persistently low oil prices.

PARIS, Jan 26 (Reuters) - French utility EDF said on Tuesday it had signed a preliminary agreement with Nuclear Power Corp of India Ltd (NPCIL) to build six nuclear reactors at Jaitapur, in the west of India.

WASHINGTON, Jan 26 (Reuters) - The World Bank has slashed its forecast for crude oil prices by $14 to $37 per barrel for 2016, it said on Tuesday, amid growing supply and weak demand prospects from emerging markets.

A narrow focus on levelized cost of electricity alone can be misleading when it comes to comparing the array of storage technologies available, according to a recent report by the World Energy Council.

Jan 26 (Reuters) - U.S. natural gas futures were on trading within a few cents of unchanged early on Tuesday for the fifth day in a row on forecasts for mixed, but still warmer-than-normal weather over the next two weeks. On its second-to-last day as the front month, February futures on the New York Mercantile Exchange were up 2.6 cents, or 1.2 percent, at $2.184 per million British thermal units at 9:09 a.m. EST (1409 GMT).

BRUSSELS, Jan 26 (Reuters) - The EU wants the power to review energy deals between member states and countries such as Russia before they are signed, the bloc's top energy official said on Tuesday, a move opposed by some states reluctant to cede control to Brussels.

MADRID, Jan 26 (Reuters) - Spain's Supreme Court sentenced the captain of the Prestige oil tanker, which sank off Spain's northwestern coast in 2002, covering thousands of kilometres of coastline in fuel oil, to two years in prison on Tuesday.

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