Energy Update

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TBILISI, Aug 10 (Reuters) - Oil output from BP-led oilfields in Azerbaijan in the first half of 2015 was slightly down compared to a year earlier, BP-Azerbaijan said on Monday, driving a decline in the country's total oil production.

LONDON, Aug 10 (Reuters) - European stock markets climbed higher on Monday as a rise in some major financial shares offset the impact of weaker energy stocks that curbed the progress of the British market.

LONDON, Aug 10 (Reuters) - Standard Chartered will not advise or help finance the multi-billion dollar Carmichael coal mine in Australia, marking the second big bank to walk away from the project in a week.

KAMPALA, Aug 10 (Reuters) - Kenya and Uganda have reached a final decision on the route for a crude pipeline linking their newly found oilfields to the Kenyan coast, an important step for oil firms to make a final investment decision, the countries' presidents said on Monday.

Aug 10 (Reuters) - Nitrogen fertilizer producer CVR Partners LP said on Monday it would buy Rentech Nitrogen Partners LP for $533 million, excluding debt, as global fertilizer makers scale up at a time when increased supplies weigh on nitrogen prices.

A new wind farm in France will be the first in the country to deploy GE’s 2.75-120 wind turbines.

TRIPOLI, Aug 10 (Reuters) - Libya's El Sharara and El Feel oilfields remain closed due to protests and a pipeline blockage, oil officials said on Monday.

MOSCOW, Aug 10 (Reuters) - Royal Dutch Shell's plans to build a strategic alliance with Russia's Gazprom could be in jeopardy after the United States added one of Gazprom's biggest gas fields to its list of Russian sanctions on Friday.

* European Commission expects technical level meeting mid-August

LONDON, Aug 10 (Reuters) - Euro zone stock markets advanced on Monday, as a rise in some major financial shares offset the impact of weaker commodity stocks weighing on the British market.

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