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PetroVietnam mulls leaving Venezuela joint venture - sources

CARACAS, March 25 (Reuters) - Vietnam's state oil and gas group PetroVietnam (PVN) is considering selling its 40 percent stake in a joint venture with Venezuelan counterpart Petroleos de Venezuela (PDVSA), according to two sources close to the exploration project.

UPDATE 1-Pirelli does not plan special dividend for ChemChina deal - sources

MILAN, March 25 (Reuters) - Italian tyre maker Pirelli , which is being bought by China National Chemical Corp (ChemChina), does not plan to pay a special dividend to its shareholders as part of the buyout plan, two sources with direct knowledge of the matter said.

UPDATE 1-U.S. crude stocks rise as Cushing storage maintains record - EIA

NEW YORK, March 25 (Reuters) - U.S. crude inventories soared last week to extend their record build into the eleventh consecutive week as stocks at the Cushing, Oklahoma, delivery hub also hit another peak, data from the Energy Information Administration (EIA) showed on Wednesday.

UPDATE 2-India raises record $17.6 bln from telecom airwaves auction

* Final allocations pending court approval (Changes sourcing; adds background, analyst quote)

U.S. drivers extend record mileage gains in January -FHA

NEW YORK, March 25 (Reuters) - The rapid rise in the number of miles driven by U.S. motorists continued into January, federal data showed this week, with travel gaining 4.9 percent from a year ago to another record high.

UN tells backers of Libya's rival sides to pressure them for peace

GENEVA, March 25 (Reuters) - International backers of Libya's rival factions must pressure the warring groups to work out a political deal and help to choke off the supply of guns to the country, a U.N.

Austria shortlists future board members for OMV, Post, Telekom Austria

VIENNA, March 25 (Reuters) - New board members at Austrian companies OMV and Telekom Austria may include a former member of the European Central Bank's (ECB) executive board and a former OMV chief executive, the committee charged with the choices said.

Gunfire at Aden army base as Yemen's Houthis approach -residents

ADEN, Yemen, March 25 (Reuters) - Sounds of gunfire and explosions were heard at a Yemen army base in the centre of Aden on Wednesday, residents told Reuters, and Houthi militia forces were within about 20 km (12 miles) of the city's northern entrance.

UPDATE 2-Ukraine leader fires powerful oligarch Kolomoisky as regional chief

* Deputies pressing president to limit power of super-rich (Adds background, quotes)

The Renewable Electricity Grid: The Future Is Now

Even a few years ago, renewable energy played only a small role in most countries’ energy planning. While governments and publics were eager to increase the share of renewables in their energy systems, the economics of doing so were challenging. There were also serious concerns about the impact on the electricity grid of adding too much capacity from variable renewable energy sources, such as solar and wind.

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