Energy Update

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* For details of production by country, see

(Adds OPEC source comment, oil price reaction)

Dr. Susan G. Hamm brings with her an impressive portfolio that includes operations, budget and management, and a background in the geological sciences. The new director of the Geothermal Technologies Office sat down with me recently to discuss her new role as she leads efforts to improve performance, lower costs, and accelerate deployment of geothermal technologies.

LONDON, Jan 31 (Reuters) - Scotland has launched a
consultation on whether to allow unconventional oil and gas
extraction such as fracking, its government said on Tuesday,
with a vote expected at the end of the year.

PUNTO FIJO, Venezuela, Jan 31 (Reuters) - Venezuela's
Paraguana refining complex was operating at about 42 percent of
capacity, a union official said late on Monday, citing an
internal report that came amid chronic unit stoppages in the
country's refining system.

* Q3 net profit at 4.87 bln rupees vs 6.5 bln rupees year
ago

PUNTO FIJO, Venezuela, Jan 31 (Reuters) - Venezuela's
Paraguana refining complex was operating at about 42 percent of
capacity, a union official said late on Monday, citing an
internal report that came amid chronic unit stoppages in the
crisis-hit OPEC country's refining system.

OSLO, Jan 31 (Reuters) - Oslo's main trash incinerator has
shown promising results in the world's first experiment to
capture greenhouse gases from the fumes of burning rubbish as a
new way to slow climate change, officials said on Tuesday.

Jan 31 (Reuters) - Imperial Oil Ltd, majority owned
by Exxon Mobil Corp, reported a sharp rise in
fourth-quarter profit, helped by a gain from the sale of its
service stations.

In the year following the signing of the Paris Agreement in 2015, there was an increased interest in building a broad spectrum of financial solutions that can both deliver on commitments to reduce global greenhouse gas emissions and deliver in the unique markets of disparate countries.

HOUSTON, Jan 31 (Reuters) - Exxon Mobil Corp, the
world's largest publicly traded oil producer, posted a
better-than-expected quarterly profit on Tuesday helped by
rising crude prices and lower costs.

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