Energy Update

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LONDON, Sept 23 (Reuters) - Gasoline sales to U.S. motorists rose by more than 5 percent in July compared with the same month a year before, according to the U.S. Energy Information Administration (EIA).

* Gas prices crucial for investment in Iran - Indian minister

Senate Democrats unveiled a bill that would provide more tax credits for renewable energy while killing some tax incentives for oil and natural gas producers.
Senators Maria Cantwell of Washington, Harry Reid of Nevada, Charles Schumer of New York and Ron Wyden of Oregon announced the legislation at a press conference in Washington Tuesday.

Private equity infrastructure specialist Hudson Clean Energy Partners and Hong Kong-based independent power producer Sky Solar Holdings on September 21 announced they are outting as much as $100 million of equity capital to work in developing an international portfolio of solar PV projects.

Billionaire Phil Anschutz’s plans to build a $5 billion wind farm in southeast Wyoming will no longer be stymied by the mating dance of the greater sage grouse.

The current challenge for the geothermal energy industry is what U.S. Geothermal CEO Dennis Gilles calls “leveling the playing field” with wind and solar.
“We’re competing with the wind and solar companies,” Gilles said during the Geothermal Resources Council 39th Annual Meeting opening session in Reno, Nev., on Sept. 21. “They have incentives, and as a result of their dramatic growth, they have seen their costs come down dramatically.”

LONDON, Sept 23 (Reuters) - A planned shutdown of Britain's North Sea Buzzard oilfield is likely to be rescheduled to November from October, an industry source said, which would boost next month's supply of the crude that helps underpin the Brent benchmark.

DUBAI, Sept 23 (Reuters) - After almost a year of painfully low oil prices, OPEC members are beginning to believe they are winning against upstart U.S.

* Proxy adviser ISS has called for audit committee overhaul (Add details of other committee changes, background)

LONDON, Sept 23 (Reuters) - Two shareholder revolts in the space of six months at listed commodities firms Noble and Glencore have taught their private rivals an unforgettable lesson - think twice before going public or amassing large physical assets.

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