Energy Update

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The California Public Utilities Commission on Jan. 14 said it has authorized Southern California Edison to develop a pilot program to incentivize the deployment of approximately 1,500 electric vehicle charging stations in the utility’s service territory.

LONDON, Jan 19 (Reuters) - Saudi Arabia's policy of keeping a vast amount of oil production capacity unused is a possible complication in any listing of the upstream part of state oil firm Aramco, industry sources said.

LONDON, Jan 19 (Reuters) - Foreign oil tanker owners are expected to make a slow return to Iran despite the lifting of many sanctions as insurers tread carefully, leaving shipping players unwilling to pick up cargoes as quickly as Tehran has wanted.

HANOI, Jan 19 (Reuters) - Vietnam warned China on Tuesday against drilling in disputed waters in the South China Sea, after Beijing steered an oil rig at the centre of a previous stand-off between the countries into a stretch where jurisdiction is unclear.

LONDON, Jan 19 (Reuters) - North Dakota's oil production has been flat for more than a year, but it hasn't fallen despite the sharp drop in prices, illustrating the challenges of rebalancing the oil market.

The price paid for solar power in India touched a record low of 4.34 rupees (or 6 cents) a kWh in the latest auctions held in the state of Rajasthan, where a total of 420 MW of capacity was awarded, a government official said.

This weekend the world witnessed what has been hailed as the most significant diplomatic breakthrough since the collapse of the Soviet Union: the lifting of nuclear sanctions against Iran.

LONDON, Jan 19 (Reuters) - Coal trading volumes via financial instruments soared 44 percent to 5.3 billion tonnes in 2015, led by growth in the dominant Amsterdam-Rotterdam-Antwerp (ARA) region and Australia's Newcastle, research company Prospex said.

RWE AG has halted about 1 billion pounds ($1.4 billion) of planned onshore wind farms in the U.K. because of government efforts to halt aid and restrict planning for the technology.

BRUSSELS, Jan 19 (Reuters) - EU member states on Tuesday endorsed a plan to invest more than 200 million euros ($217 million) in cross-border energy infrastructure projects designed to help curb dependence on Russian gas.

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