Energy Update

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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.

PARIS/SINGAPORE, Aug 10 (Reuters) - Chicago soybean futures rose on Monday to their highest in more than two weeks, supported by doubts over U.S. harvest prospects ahead of an official forecast this week, and signs of robust Chinese demand for the oilseed.

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