Energy Update

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U.S. Supreme Court justices raised doubts about a federal demand response rule that rewards industrial consumers for cutting electricity use, hearing arguments in a clash between the Obama administration and the power generation industry.

TIKRIT, Iraq, Oct 15 (Reuters) - Iraqi forces and Shi'ite militia fighters recaptured most of the country's largest oil refinery from Islamic State militants on Thursday, security officials said.

BEIRUT, Oct 15 (Reuters) - Through intense bombardment, seeing friends killed before her eyes and living without power, Layana Darwish stuck it out in Syria's Aleppo through four years of civil war, even completing her degree despite the devastation.

LONDON, Oct 15 (Reuters) - Everyone's talking about Glencore .

LONDON, Oct 15 (Reuters) - Gulf Keystone Petroleum said on Thursday it had been paid for oil exports by the government of Iraqi Kurdistan, a sign it is serious about making regular payments to producers after months of debt building up.

ACCRA, Oct 15 (Reuters) - A Ghanaian government delegation is holding emergency talks in Nigeria to avert a drastic gas supply cut threat, a government spokesman said, thus avoiding a potential political crisis.

The price of oil certainly has some effect on the petrochemical prices throughout the value chain, but supply/demand fundamentals will always be the biggest driver.

KIEV, Oct 15 (Reuters) - Ukrainian energy ministry actions are putting at risk a $300 million loan from the European Bank for Reconstruction and Development, Ukrainian Prime Minister Arseny Yatseniuk said on Thursday.

ALE has expanded its services in Australia to include the relocation of onshore oil and gas drilling rigs and associated equipment.

BEIJING, Oct 15 (Reuters) - A Hong Kong businessman involved in Sinopec's Angolan operations has been put under investigation just days after the oil giant's former chairman was subjected to a corruption probe, the financial magazine Caixin said, citing people with knowledge of the matter.

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