Energy Update

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LONDON, Oct 19 (Thomson Reuters Foundation) - Set against the might of climate change, can small measures like solar-powered batteries or drip irrigation make a difference?

Energy storage developers have been saying for a decade that the industry is on the verge of a big breakthrough that will finally turn the battery into a major player in the power market.

NEW DELHI, Oct 19 (Reuters) - India is talking to South Africa to buy coal mines there to feed its expanding steel industry, Coal Secretary Anil Swarup said, adding that New Delhi also hopes to stop imports of coal used to generate power in three years as domestic output jumps.

Solar Frontier K.K., a unit of Showa Shell Sekiyu K.K. says the switch to a more efficient production process will help cut costs at a new factory intended to serve as a model plant for overseas expansion.

Oct 19 (Reuters) - Canadian Oil Sands Ltd asked its shareholders to reject Suncor Energy Inc's offer, saying it "substantially undervalued" the company's ownership in Syncrude and was "entirely opportunistic".

LONDON, Oct 19 (Reuters) - Britain's top share index slipped on Monday as mining stocks took a hit from data showing Chinese economic growth slowing, while drugmaker Shire dipped on a setback in the United States for a dry eye treatment.

Oct 19 (Reuters) - Halliburton Co, the world's No.2 oilfield services provider, reported a better-than-expected quarterly profit as deep cost cuts helped offset the impact of a drop in drilling activity.

TORONTO, Oct 19 (Reuters) - Given there is a good chance that Monday's Canadian federal election will not give one party control of the country's parliament, investors may want to brace for a period of political instability that could dent Canadian financial markets. The already weakened Canadian dollar could be most vulnerable to a further drop, market participants warned.

Oct 19 (Reuters) - An innovative, government-sponsored program aimed at funding energy-saving home improvements has drawn praise from powerful supporters, including President Obama.

Oct 19 (Reuters) - Halliburton Co, the world's No.2 oilfield services provider, posted a quarterly loss, hurt mainly by charges related to asset write-offs and severance costs.

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