Energy Update
WASHINGTON, Dec 1 (Reuters) - Heads of state and big-name billionaires opened the Paris climate summit with a bang on Monday, promising billions of dollars to develop new green technology to solve a key sticking point of the negotiations: financing a low-carbon future for developing nations like India.
WASHINGTON, Dec 1 (Reuters) - The United States has stepped up the bombing of the Islamic State militant group's oil operations including drilling and trucking to go beyond hitting mostly mobile refineries, President Barack Obama's nominee for Assistant Secretary of State for energy said on Tuesday.
Dec 1 (Reuters) - A U.S. judge approved a reduced incentive plan for top executives of Sabine Oil & Gas Corp on Tuesday, despite opposition from unsecured creditors who demanded that any bonus scheme be linked to a sales process for the bankrupt company.
SYDNEY, Dec 2 (Reuters) - Australian shares are set with a cautious start on Wednesday with falling iron ore prices likely to hit local resource stocks. Global miner BHP Billiton is expected to open around 0.8 percent lower, tracking a loss in its U.S. ADRs. Share price index futures YAPcm1 edged down 0.1 percent to 5,258, a 8.1-point discount to the close of the underlying S&P/ASX 200 index on Tuesday. The benchmark surged 1.9 percent in the last session.
BAGHDAD, Dec 1 (Reuters) - Powerful Iraqi Shi'ite Muslim armed groups on Tuesday pledged to fight any U.S. forces deployed in the country after the United States said it was sending an elite special unit to help combat Islamic State.
BAGHDAD, Dec 1 (Reuters) - Gunmen shot dead a prominent Arab official in the northern Iraqi oil city of Kirkuk, police and medical sources said on Tuesday, in an attack that risks inflaming tensions in the ethnically mixed area.
Dec 1 (Reuters) - Over the next two weeks countries from around the world are convening in Paris to develop a global plan to address climate change. A successful deal in Paris could have significant impacts for energy and equity markets.
PARIS, Dec 1 (Reuters) - Akinwumi Adesina, head of the African Development Bank (AfDB), has a bold vision for electrifying a continent where two-thirds of people lack access to power, and getting there by skipping carbon-intensive growth in favour of renewable energy.
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