Energy Update

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After the US National Ethanol Conference, the industry sets its eye on exporting and timing production maintenance to make some use of thin margins.

This analysis, updated weekly, includes stories evaluating the Light Houston Sweet crude oil market and the factors contributing to its price movements.

BRASILIA, Feb 25 (Reuters) - Brazil's top prosecutor is expected to file charges in coming days against politicians implicated in the Petrobras corruption scandal, a political bombshell that could involve members of Congress and President Dilma Rousseff's government.

The European Commission has unveiled “A Framework Strategy for a Resilient Energy Union with a Forward-Looking Climate Change Policy,” which is a key plank in the development of its plans for Europe’s energy sector through 2030.

NEW YORK, Feb 22 (Reuters) - Late last November, the tanker Olympic Flag carrying 650,000 barrels of Angolan crude dropped anchor about 7 miles off the coast in Delaware Bay, a seemingly routine shipment destined for a nearby Philadelphia refinery.

LONDON/MOSCOW, Feb 25 (Reuters) - Gas giant Gazprom's oil arm is shifting its trading operations from Austria back to Russia, it said on Wednesday, with industry sources saying the firm wanted to protect huge revenues from potential seizure as Moscow's relations with the West worsen.

WINNIPEG/NEW YORK, Feb 25 (Reuters) - Archer Daniels Midland , one of the world's top biofuels producers, has slowed North American biodiesel output, the latest sign the industry is battling uncertainty over U.S. renewable fuel policy while the oil rout curbs demand.

SAO PAULO, Feb 25 (Reuters) - Truckers staged nearly 100 road blocks across Brazil's farm belt on Wednesday as protests stretched into their eighth day, though access to the country's biggest port was cleared after police clashed with protesters who had briefly halted traffic there.

Solar is so cheap, the problem now is how to pay for it. Prices for panels are down more than 65 percent in five years, to less than 70 cents a watt. What's next? One word: financing.

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