Energy Update

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RIYADH, Nov 5 (Reuters) - OPEC is likely to stick to its no-cut oil output policy when it meets in December if major producers from outside the group are not willing to help in reducing supplies, a senior Gulf OPEC delegate said on Thursday.

PARIS, Nov 5 (Reuters) - French oil major Total said it had reached an agreement with the French government and local authorities for the construction of a new rail line that will bypass its Donges refinery, paving the way for new investments at the plant.

* Modi hopes rescue will end blackouts, help economy (adds analyst quote, details on debt relief scheme)

Nov 5 (Reuters) - A recent U.S. regulatory review could force banks to scale back loans to energy companies whose revenues have been hit hard by falling oil prices, and could force more oil drillers into bankruptcy, analysts said.

JOHANNESBURG, Nov 5 (Reuters) - South Africa's deputy president will visit Iran to explore opportunities for co-operation in the energy sector with a view to attracting investment into a refinery Pretoria is planning to build, his office said on Thursday.

CALGARY, Alberta, Nov 5 (Reuters) - TransCanada Corp scrapped plans to build a port in Quebec and said on Thursday it will have only one crude oil export terminal for its Energy East pipeline project.

The U.S. Department of Energy is leaning toward participating, through the Southwestern Power Administration, in Clean Line Energy’s Plains & Eastern Clean Line transmission project.

The U.S. Department of Energy is leaning toward participating, through the Southwestern Power Administration, in Clean Line Energy’s Plains & Eastern Clean Line transmission project.

BRUSSELS, Nov 5 (Reuters) - European finance ministers are likely to agree on Tuesday to provide more cash to help the world adapt to global warming, which campaigners say that will be too weak for a successful outcome to the Paris talks on a new climate deal.

BERLIN, Nov 5 (Reuters) - European Industry Commissioner Elzbieta Bienkowska on Thursday urged carmaker Volkswagen to be fully transparent in dealing with revelations that it had understated the fuel consumption of 800,000 cars sold in Europe.

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