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Germany wants to put 2 billion euros into encouraging electric cars

BERLIN, Jan 13 (Reuters) - German Economy Minister Sigmar Gabriel wants to commit two billion euros ($2.17 billion) to encourage more people to buy electric cars, the newspaper Die Zeit reported on Wednesday.

Nigeria approves $200 million World Bank loan for projects in Lagos

ABUJA, Jan 13 (Reuters) - Nigeria's government has approved a $200 million loan from a World Bank agency to develop infrastructure in Lagos state, its commercial hub, the minister for works, power and housing said on Wednesday.

Smaller producers surprise with oil price resilience

LONDON, Jan 13 (Reuters) - Mid-sized oil producing companies are proving more resilient against weak oil prices than expected as they are able to slash more costs, allowing them to press ahead with projects that are set to add even more barrels to a global supply glut.

UPDATE 1-Solar investors join list of those smarting from $30/bbl oil

Jan 13 (Reuters) - Add solar energy investors to the list of those smarting from crude oil's latest price dive.

Development Bank of Japan to Create $423 Million Wind Power Fund

The Development Bank of Japan and Japan Wind Development Co. will create the nation’s first fund for wind power, the companies announced on Wednesday.

UPDATE 1-U.S. gasoline stocks surge for second week; crude builds - EIA

NEW YORK, Jan 13 (Reuters) - U.S.

UPDATE 2-Blackout halts Venezuela's Paraguana refineries -workers

PUNTO FIJO, Venezuela, Jan 13 (Reuters) - Operations at Venezuela's massive 955,000-barrel-per-day Paraguana refinery complex were paralyzed by an electrical blackout on Wednesday morning, according to two workers and an anti-government union leader.

Wind Energy Companies Grab Solar Contracts in India’s Auctions

Two wind energy companies in India have bagged solar projects worth more than a quarter of the total capacity on offer from the country’s largest auction to date.

COLUMN-Drilling downturn hits U.S. oil consumption: Kemp

LONDON, Jan 13 (Reuters) - Oil and gas production was one of the fastest-growing industries in the United States between 2009 and 2014 according to the U.S.

'Underground Battery' Could Tap Geothermal Energy, Store CO2

Meeting the Paris Climate Agreement goal of limiting the increase in the global average temperature to well below two degrees Celsius compared to pre-industrial levels will require increased use of renewable energy and reducing the CO2 intensity of fossil energy use.

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