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Vahalla eyes hydro electricity plant in Chile's parched Atacama desert

SANTIAGO, Dec 4 (Reuters) - Valhalla Energia plans to build a hydroelectric power generation plant in Chile's parched Atacama desert, the world's driest, by using solar energy to pump sea water up the side of a 600 meter cliff and then have it rush back down to the Pacific Ocean below.

U.S. House passes bill designed to streamline hydroelectric power licensing

The U.S. House of Representatives has passed bipartisan hydroelectric power regulatory improvement provisions as part of the North American Energy Security and Infrastructure Act of 2015, potentially helping to expedite the project approval process.

UPDATE 9-OPEC fails to agree production ceiling after Iran pledges output boost

* Analysts say global glut to worsen as storage capacity runs out (Adds Breakingviews link)

UPDATE 2-De Beers suspends operations at Canada's Snap Lake diamond mine

TORONTO, Dec 4 (Reuters) - De Beers Canada is suspending operations at its unprofitable Snap Lake diamond mine in the Northwest Territories due to poor market conditions, and said on Friday it will evaluate the Arctic mine's potential over the next year.<

UPDATE 1-U.S. oil drillers cut rigs for 13th week in 14 -Baker Hughes

Dec 4 (Reuters) - U.S.

U.S. oil drillers cut rigs for 13th week in 14 -Baker Hughes

Dec 4 (Reuters) - U.S. energy firms this week cut oil rigs for an 13th week in the last 14, data showed on Friday, a sign drillers were still waiting for higher prices before returning to the well pad.

Azeri workers rescued from oil platform fire in Caspian Sea - TV

BAKU, Dec 4 (Reuters) - Forty two workers have been rescued from an offshore oil platform that caught fire in Azerbaijan's sector of the Caspian Sea, Azeri independent TV ANS said on Friday.

U.S.-led air strikes hit Islamic State oil production in Syria

WASHINGTON, Dec 4 (Reuters) - The U.S.-led coalition carried out 26 air strikes against Islamic State militants on Thursday, targeting oil production in Syria and supporting the Iraqi effort to retake the city of Ramadi, the military said in a statement on Friday.

Nigeria oil min says could be another OPEC meeting before June

VIENNA, Dec 4 (Reuters) - OPEC could hold another meeting before June if oil prices continue to slide, Nigerian Minister of State for Petroleum Emmanuel Ibe Kachikwu said on Friday.

OPEC meeting makes no decision on output ceiling - sources

LONDON, Dec 4 (Reuters) - An OPEC meeting in Vienna appeared to have ended up with no decision as ministers left the room without making a comment and two OPEC soucres said no deal has been reached.

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