Energy Update

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HOUSTON, Oct 21 (Reuters) - Stagnating rig productivity shows U.S. shale oil producers are running out of tricks to pump more with less in the face of crashing prices and points to a slide in output that should help rebalance global markets.

(Wed, 21 Oct 2015) The electricity Form EIA-860, Form EIA-861, and Electric Sales, Revenue, and Average Price
files have been updated with final 2014 data.

(Wed, 21 Oct 2015) The proposed merger of Exelon Corporation and Pepco Holdings Inc. would, if approved, create the largest electric utility holding company in the United States as measured by number of customers. The combined 8.5 million customers served by the new Exelon would surpass the number of customers served by the next-largest utility holding company, Duke Energy, which merged with Progress Energy in 2012

CARACAS, Oct 20 (Reuters) - President Nicolas Maduro's government predicted on Tuesday that Venezuela's inflation, already the world's highest, would be 85 percent in 2015 and 60 percent next year.

* Shaves $200 million off petroleum spending (Adds cost cuts, petroleum output)

WASHINGTON, Oct 20 (Reuters) - U.S. lawmakers from the House of Representatives and Senate have reached an agreement to extend a Dec.

WASHINGTON, Oct 20 (Reuters) - U.S. lawmakers from the House of Representatives and Senate have reached an agreement to extend a Dec. 31 deadline for railroads to implement new safety technology, a leading Republican senator said on Tuesday.

Sinopec has completed $1bn expansion program at a refinery located in Jiangxi province in eastern China.

Tecnicas Reunidas has awarded a contract to Technip to supply three hydrogen reformers for the Malaysia’s national oil and gas company, Petroliam Nasional’s (Petronas) Refinery and Petrochemical Integrated Development (Rapid) project located in the state of Johor.

RIO DE JANEIRO, Oct 20 (Reuters) - Current global oil prices should lead companies operating in Brazil to better plan their field developments, Magda Chambriard, president of oil industry watchdog ANP, said on Tuesday.

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