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Sanctions impact on Russia to be longer term, U.S. says

BRUSSELS, Jan 12 (Reuters) - Western sanctions on Moscow are intended to exert long-term pressure on Russia and not to push it "over the economic cliff," a U.S. State Department official said on Tuesday.

Turkmenistan exchange bureaus stop selling foreign currency

ASHGABAT, Jan 12 (Reuters) - Exchange bureaus in Turkmenistan stopped selling foreign currency on Tuesday, citing an order from the central bank and prompting a jump in black market rates as ordinary Turkmens fear a fresh devaluation.

UPDATE 1-Bahrain MPs blast fuel price hike in heated session

DUBAI, Jan 12 (Reuters) - A session of the Bahraini parliament broke up amid shouting and protests on Tuesday when several lawmakers, in a rare show of opposition to government policy, vented their anger against a rise in fuel prices.

Europe refiners rush to make more gasoline after diesel hangover

LONDON, Jan 12 (Reuters) - After years of building up diesel production, European oil refiners are using every trick in the book to maximize gasoline output to meet unabated global demand as the two fuels stage a sharp reversal of fortune.

UPDATE 1-BP to slash thousands more jobs in face of oil downturn

LONDON, Jan 12 (Reuters) - British oil and gas company BP announced plans on Tuesday to slash 5 percent of its global workforce in the face of a continued slump in oil prices.

New York City Council Gives a Thumbs Up to Geothermal Heat Pumps

On Dec. 7, 2015, the New York City Council passed the geothermal energy bill Int. 0609-A-2015.

CORRECTED-UPDATE 1-Libya's oil company empties Ras Lanuf storage after Islamic State attacks

BENGHAZI, Jan 11 (Reuters) - The Libyan National Oil Corp (NOC) has emptied oil storage tanks at the Ras Lanuf terminal as a precaution after Islamic State militants attacked the country's two biggest oil ports last week, an adviser to the company linked to Libya's official, eastern-based government said on Monday.

WRAPUP 2-UAE moves to quash talk of OPEC emergency meet as oil slumps

* "Couple" of OPEC members requested emergency meeting - Nigeria

Cellulosic Biofuel: The Importance of Managing Biomass Supply Chain

Massive availability of agricultural waste, left unutilized in the field, and its potential to be converted to environmentally friendly biofuel has led to an increasing attention towards the advancement of cellulosic biofuel.

Bahrain MPs blast fuel price hike in heated session

DUBAI, Jan 12 (Reuters) - Several Bahraini members of parliament on Tuesday condemned a government decision to raise fuel prices, a move the lawmakers said would hurt the poor and was taken without their approval.

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