Energy Update

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SINGAPORE, April 22 (Reuters) - Commodity trader Noble Group has been barred from taking part in some of the trading processes used to set global oil price benchmarks by reporting agency Platts, according to two people familiar with the matter.

SEOUL, April 22 (Reuters) - In a country notorious for a lack of electricity, many North Koreans are taking power into their hands by installing cheap household solar panels to charge mobile phones and light up their homes.

SEOUL, April 22 (Reuters) - South Korea and the United States reached a deal on Wednesday to revise an agreement that has limited South Korea's ability to enrich uranium for nuclear power generation and to reprocess spent fuel, the foreign ministry in Seoul said.

* Court approves restart of Kyushu Electric's Sendai power station

Many of the themes raised Monday at IHS CERAWeek were reprised Tuesday, the second day of the conference. But Tuesday’s offerings were decidedly more global.

LONDON, April 21 (Reuters) - Lower oil prices are sharply reducing the cost of shipping merchandise from Asia to the United States and Europe as the cost of bunker fuel tumbles.

* Says units cost now under $20/t (Releads with expansion deferral)

April 21 (Reuters) - Contract driller Nabors Industries Ltd's quarterly revenue fell 10.5 percent, hurt by slower drilling activity in North America, and the company said it had cut its workforce by more than 18 percent since the end of 2014.

April 21 (Reuters) - Contract driller Nabors Industries Ltd said it reduced its global workforce by more than 18 percent since the end of 2014 as the slump in oil prices hurt drilling activity.

TORONTO, April 21 (Reuters) - Canadian activist firm West Face Capital Inc on Tuesday launched a proxy battle against Gran Tierra Energy and outlined plans to put up a slate of six nominees for the energy firm's board, saying that its current four-member board has failed investors.

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