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LNG glut to steal coal market share

LONDON, Oct 29 (Reuters) - A wave of liquefied natural gas due to hit energy markets over the next couple of years is expected to displace tens of millions of tonnes coal demand globally, helped by government initiatives to move away from polluting power generation.

Hungary plans more energy bill cuts for households, industry

BUDAPEST, Oct 29 (Reuters) - Hungary's government plans to cut energy bills further for households and industrial users, Prime Minister Viktor Orban's chief of staff said on Thursday.

Tanzania ruling party candidate declared presidential vote winner

DAR ES SALAAM, Oct 29 (Reuters) - Tanzania's ruling party candidate, John Magufuli, won the presidential election, the National Electoral Commission announced on Thursday, after the opposition challenged the tallying process and demanded a recount.

French power providers face 11 pct rise in renewables surcharge in 2016

PARIS, Oct 29 (Reuters) - The rising cost of funding renewable energy means utility EDF and other French power providers face an 11 percent rise next year in a surcharge they pay that is used to subsidise the renewable sector, the energy watchdog said on Thursday.

Glencore shrinking its $18 bln commodity inventory mountain

LONDON, Oct 29 (Reuters) - Commodities mining and trading giant Glencore is reducing its $18 billion inventory pile, industry sources say, a move ratings agencies say could help assuage concerns about its balance sheet.

Final decision on Namibia's Kudu gas-to-power project seen mid-2016

CAPE TOWN, Oct 29 (Reuters) - A final investment decision is expected mid-2016 on Namibia's long-delayed Kudu gas-to-power project, which is seen as key to boosting electricity security in the south west African country, a senior government official said on Thursday.

Malawi's hydropower dries up as river runs low, menacing forests

LILONGWE, Malawi, Oct 29 (Thomson Reuters Foundation) - D windling water levels are hobbling Malawi's hydroelectric power supply and putting more pressure on the country's already stressed forests, officials say.

UPDATE 1-Britain's long-awaited Iraq inquiry to be published in June or July 2016

LONDON, Oct 29 (Reuters) - The chairman of a long-running British public inquiry into the Iraq War said on Thursday he expected to complete his report next April and publish it in either June or July 2016.

UPDATE 1-Potash Corp cuts profit view, to sell less potash due to weak prices

Oct 29 (Reuters) - Potash Corp of Saskatchewan on Thursday cut its full-year earnings forecast and said it expects to sell less potash in the year than expected due to weak demand and prices.

Zohr discovery to make Egypt's status as LNG importer short-lived

LONDON, Oct 29 (Reuters) - The huge Zohr natural gas field discovered by Eni off the coast of Egypt, could tip the country back into exporting liquefied natural gas (LNG), making the bright spot of demand it has created in an oversupplied global gas market short-lived.

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