Energy Update

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WASHINGTON, July 9 (Reuters) - Lifting the U.S. ban on oil exports would bolster energy security in Europe by allowing countries to find alternative sources, the Czech Republic ambassador to the United States told lawmakers considering a bill to do away with the trade restriction.

PARIS, July 9 (Thomson Reuters Foundation) - China's climate-changing emissions from producing the energy it needs will be as large as the rest of the world's emissions put together over the next 25 years, the incoming director of the International Energy Agency predicted on Thursday.

MOSCOW, July 9 (Reuters) - Russia's No.2 oil producer Lukoil denied on Thursday accusations of money laundering and tax evasion at its refinery in Romania, adding it would appeal against a move by Romanian prosecutors to seize assets.

MOSCOW/MILAN, July 9 (Reuters) - Russia's plans to drop Ukraine eventually as a route for piping its natural gas to Europe have hit a snag after Russian gas exporter Gazprom called off a deal with Italy's Saipem to build a subsea link to Turkey.

NEW YORK, July 9 (Reuters) - A U.S. government weather forecaster on Thursday again extended its El Nino outlook for how long conditions may last, saying it was likely to continue into the Northern Hemisphere early spring of 2016.

LUANDA, July 9 (Reuters) - When a halving of oil prices left a gaping hole in Angola's finances this year, it became clear sub-Saharan Africa's third largest economy needed help fast - and President Jose Eduardo dos Santos knew exactly where to turn.

July 9 (Reuters) - A bomb went off near federal high court in Nigeria's oil hub Port Harcourt in the delta region on Thursday but there were no casualties, Governor Nyesom Wike said.

LONDON, July 9 (Thomson Reuters Foundation) - Investing up to 3.5 percent of a nation's gross domestic product (GDP) in science, technology and innovation can be "the game changer" for development, leading experts said on Thursday.

UFA, Russia, July 9 (Reuters) - The BRICS emerging nations are worried about the volatility of financial markets and oil prices, Russian President Vladimir Putin said on Thursday.

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