Energy Update

OSLO, Nov 6 (Reuters) - Norway's Fredriksen Group has put Chief Executive Jo Lunder on leave until further notice due to a police investigation into him over his role as former head of telecoms company Vimpelcom, Norwegian news agency NTB reported on Friday.<

WASHINGTON, Nov 6 (Reuters) - A multi-billion dollar fund set up by the United Nations to help poor countries tackle climate change on Friday approved its first eight projects, which will receive $168 million, a key step before a global climate summit starts on Nov. 30.

(Fri, 06 Nov 2015) Working natural gas in storage reached 3,929 billion cubic feet (Bcf) as of October 30, according to EIA's latest Weekly Natural Gas Storage Report. This level matches the previous weekly record of 3,929 Bcf set November 2, 2012. Although October marks the traditional end of the injection season, inventory increases commonly continue into the first weeks of November. Largely depending on the weather, inventories could surpass 4 trillion cubic feet in the coming weeks.

CARACAS, Nov 5 (Reuters) - Venezuela's PDVSA has paid $4.2 billion in bond maturities and interest in recent days, and will shortly pay another $1 billion, the state oil company's president told a local newspaper on Thursday.