Energy Update

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Like the music producer in the iconic "Saturday Night Live" skit, the US EPA has come back and demanded an increase of something that’s been getting more attention anyway.

Charles Newbery digs into challenges facing the biggest shale play in Argentina, which could rival the prolific production of US plays if properly tapped.

ADDIS ABABA, Aug 7 (Reuters) - Mediators in South Sudan's troubled peace talks urged the government on Friday to let a prominent opposition figure join the negotiations, after police in the capital Juba blocked him from travelling.

LONDON, Aug 7 (Reuters) - North America's shale drillers are struggling with the renewed slump in oil prices, despite cutting costs, boosting output, and in some cases employing hedging to improve realised prices.

* Task force to assess impact on planned 2017 opening (Adds quote on opening of airport, German prosecutors' investigation)

WASHINGTON, Aug 7 (Reuters) - U.S. employment rose at a solid clip in July and wages rebounded after a surprise stall in the prior month, signs of an improving economy that could open the door wider to a Federal Reserve interest rate hike in September.

LONDON, Aug 7 (Reuters) - Royal Dutch Shell is considering investing billions in Brazil, set to become a focal point after the planned acquisition of BG Group, even as it prepares to sell huge chunks of its business to pay for the $70 bln deal.

BANGKOK, Aug 7 (Reuters) - Thailand's leading construction firm Italian-Thai Development PCL said on Friday it was in talks with Myanmar authorities to build a $500 million liquefied natural gas (LNG) import terminal at Dawei industrial zone in southern Myanmar.

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