Energy Update
WASHINGTON, Oct 5 (Reuters) - BP Plc will pay more than $20 billion in fines to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago, marking the largest corporate settlement of its kind in U.S. history, Attorney General Loretta Lynch said on Monday.
CARACAS, Oct 5 (Reuters) - The president of Venezuela's state oil company PDVSA said on Monday crude was circulating at the 955,000-barrel-per-day Paraguana Refinery Center (CRP) and that key processing units would be up and running between Wednesday and Thursday.
LONDON, Oct 5 (Reuters) - Britain's National Crime Agency (NCA) obtained court permission on Monday to temporarily seize 27,000 pounds ($41,000) from a former Nigerian oil minister embroiled in a financial scandal, a court official in London said.
TOKYO, Oct 5 (Reuters) - France has invited Japan's nuclear industry to take part in the reorganisation of its own nuclear sector, French Prime Minister Manuel Valls said on Monday.
SolarCity in an Oct. 2 announcement said that it will begin production this month on what the company claims is the “world’s most efficient” rooftop solar panel at 22 percent.
TRIPOLI, Oct 5 (Reuters) - Libya's oil production has dropped to 300,000 barrels per day, less than a quarter of what it produced before the 2011 fall of Muammar Gaddafi, mostly because of insecurity and closed pipelines, a top official said.
LONDON, Oct 5 (Reuters) - U.S.
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