Energy Update

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When examining the machine that is our electric grid, a compelling fact is that we are relatively unable to store electric energy. We must create as much as we consume, and can only consume as fast as we create. One issue that comes up in the renewable space when meditating on this relentless and necessary cycle is that renewable energy is intermit

WARSAW, April 23 (Reuters) - Poland's largest oil refiner PKN Orlen is eyeing potential takeovers of petrol stations in Germany and the Czech Republic to increase its share of the retail market, the company said on Thursday.

A trained falcon named Houdini darts and soars next to a wind power plant in the shadow of the Colorado Rockies, gathering radar data that could someday save the lives of his avian brethren.

* In talks with Gulf investor, no agreement reached (Recasts, adds fresh quotes)

OSLO, April 23 (Reuters) - Norway's Statoil is cutting investments less than any other oil major this year, positioning for a crude price recovery but taking a risk should the slump be protracted.

April 23 (Reuters) - Oil drilling contractors Patterson-UTI Energy Inc and Helmerich & Payne Inc reported higher-than-expected quarterly profits as demand for their hi-tech rigs remained resilient despite the slump in crude prices.

* Shares drop 15 percent (Adds quotes, background, updates shares)

April 23 (Reuters) - Oil and gas driller Helmerich & Payne Inc reported a better-than-expected quarterly profit as demand for its high-tech rigs remained resilient despite the slump in crude prices.

April 23 (Reuters) - Land rig provider Patterson-UTI Energy Inc reported a 74 percent drop in quarterly profit as weak oil prices weighed on drilling activity and costs rose.

* Platinum output recovers from strike last year (Adds details on platinum, diamond)

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