Energy Update

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November is the month of Thanksgiving in the US, and if historical trends hold up, we’re about to see a price recovery that producers will appreciate, says Jordan Godwin.

NEW YORK, Nov 4 (Reuters) - U.S. crude oil inventories rose for a sixth straight week as domestic production increased, outweighing a drop in imports to the lowest level since 1991, data from the Energy Information Administration showed on Wednesday.

BAGHDAD, Nov 4 (Reuters) - A senior official in Iraq's oil ministry was kidnapped in Baghdad but quickly freed by security forces on Wednesday, Baghdad Operations Command said in a statement.

MILAN/LONDON, Nov 4 (Reuters) - Britain's energy system operator National Grid moved to increase the country's electricity supply backup on Wednesday after unnamed power plants broke down.

Kyocera Corp. is aiming to double sales in the U.S. solar market for the year ending March 31 as the company tries to expand its businesses outside Japan.

Vietnam’s Prime Minister, Nguyen Tan Dung, on Nov. 3 approved the content of the Vietnam Dam Rehabilitation and Safety Improvement Project. The six-year program is meant to perform rehabilitation and safety improvements throughout the country on dam infrastructure and is financed partially through official development assistance (ODA) loans from the World Bank.

Kyocera Corp. is aiming to double sales in the U.S. solar market for the year ending March 31 as the company tries to expand its businesses outside Japan.

Vietnam’s Prime Minister, Nguyen Tan Dung, on Nov. 3 approved the content of the Vietnam Dam Rehabilitation and Safety Improvement Project. The six-year program is meant to perform rehabilitation and safety improvements throughout the country on dam infrastructure and is financed partially through official development assistance (ODA) loans from the World Bank.

* Government wants oil firms to focus on cost cuts (Releads, adds quotes, details)

Engineers at Oregon State University have identified a new approach for the storage of concentrated solar thermal energy, to reduce its cost and make it more practical for wider use.

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