Energy Update

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Please join me on this week’s Energy Show on Renewable Energy World as Clint Wilder explains our progress towards 100 percent renewables, and discusses some of the opportunities and roadblocks that we will experience as we make this transition.

Jan 6 (Reuters) - Coal and gas producer Consol Energy Inc cut its 2016 capital expenditure budget for its oil and gas division by 41 percent due to weak commodity prices.

LONDON, Jan 6 (Reuters) - Saudi Arabia's execution of Shi'ite cleric Sheikh Nimr al-Nimr has exposed the dangerous political, religious and socio-economic fault lines which run through the kingdom and the Gulf.

Jan 6 (Reuters) - Rig contractor Ensco Plc said Brazilian oil producer Petrobras has ended a contract for a drillship over allegations of corruption.

* Saudi-Iran split dashes chance of OPEC deal to curb oil glut

Jan 6 (Reuters) - Rig contractor Ensco Plc said Petrobras has declared void a contract for a drillship leased to the Brazilian oil producer.

BENGHAZI, Libya, Jan 6 (Reuters) - Fires caused by clashes between Islamic State militants and guards near Libya's biggest oil ports have spread to four oil storage tanks that were still burning on Wednesday, a guards spokesman said.

RIYADH, Jan 6 (Reuters) - Islamic State threatened to destroy Saudi Arabian prisons holding jihadists after Riyadh's execution of 47 people including 43 convicted al Qaeda militants.

* Says optimistic agreement with US regulators will be reached soon

LONDON, Jan 6 (Reuters) - Saudi Arabia's execution of Shi'ite cleric Sheikh Nimr al-Nimr has exposed the dangerous political, religious and socio-economic fault lines which run through the kingdom and the Gulf.

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