Energy Update

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(Mon, 07 Dec 2015) According to the Federal Energy Management Program (FEMP), energy consumption by the U.S. federal government fell to 0.94 quadrillion British thermal units (Btu) in fiscal year (FY) 2014, the lowest level since data collection began in FY 1975. Declines in jet fuel consumption by the U.S. Department of Defense accounted for most of the decrease in federal energy use.

(Mon, 07 Dec 2015) EIA recently released spent nuclear fuel data collected on the Form GC-859, Nuclear Fuel Data Survey. The survey collects data from all utilities operating commercial, light-water nuclear reactors in the United States and from all others possessing irradiated fuel from commercial U.S. nuclear reactors.

* Analysts expect prices to fall further as glut balloons (Adds comment, OPEC detail, updates prices)

LAUNCESTON, Australia, Dec 7 (Reuters) - It may seem like stating the obvious, but top miners BHP Billiton and Rio Tinto have said recently that they expect commodities prices to remain subdued.

* Group regularly breaches quote of 30 million barrels per day

* Riyadh and Tehran on opposite sides of Middle East conflicts

Samsung Engineering has received $882m contract from Malaysia’s Petronas Chemicals Group for construction of two petrochemical plants.

* City analyst found asset prices ignored risk of lower carbon use

Las Vegas – Dec. 7 marks the opening of Power Generation Week in the city of Las Vegas. Power Generation Week is a series of energy conferences anchored by the behemoth Power Gen International (PGI) – the largest conference and expo for the traditional power generation industry.

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