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Britain to have closest possible nuclear ties post-Brexit, says minister

LONDON, Jan 31 (Reuters) - Britain will maintain the closest
possible nuclear cooperation with the European Union after it
leaves the bloc and the European Atomic Energy Community
(Euratom), Britain's Brexit minister David Davis said on
Tuesday.

Imperial Oil profit jumps on C$988 mln asset-sale gain

Jan 31 (Reuters) - Imperial Oil Ltd's profit shot
up in the fourth quarter, helped by a C$988 million gain from
the sale of its retail sites.

Valero Energy reports higher profit boosted by ethanol business

Jan 31 (Reuters) - Valero Energy Corp, the largest
independent U.S. refiner, reported a higher quarterly profit as
lower corn and stronger ethanol prices boosted the company's
ethanol unit results.

Consol Energy posts quarterly loss; says may divest coal business

Jan 31 (Reuters) - Coal and natural gas producer Consol
Energy Inc reported a quarterly loss and said it was
looking to sell its coal business or spin it off to
shareholders.

After Shell deal, Chrysaor in the market for more North Sea assets

LONDON, Jan 31 (Reuters) - Chrysaor, which has just bought
much of Shell's UK North Sea assets for up to $3.8
billion, said it was in the market for more North Sea deals to
expand its newly acquired position as one of the basin's biggest
independent producers.

Tesla’s Battery Revolution Just Reached Critical Mass

Tesla Motors Inc. is making a huge bet that millions of small batteries can be strung together to help kick fossil fuels off the grid. The idea is a powerful one—one that’s been used to help justify the company’s $5 billion factory near Reno, Nev.—but batteries have so far only appeared in a handful of true, grid-scale pilot projects.

Brazil's Petrobras says judge orders suspension of Suape and Citepe sale

BRASILIA, Jan 31 (Reuters) - Brazil's state-run oil company
Petroleo Brasileiro SA said on Tuesday a judge had
ordered the suspension of the sale of petrochemical companies
Suape and Citepe.

RPT-UPDATE 2-Seadrill seeks at least $1 bln capital lifeline as debt deal delayed again

OSLO, Jan 31 (Reuters) - Oslo-listed rig firm Seadrill
is looking to raise at least $1 billion in new capital
as talks to restructure its debt and liabilities worth $14
billion are taking longer than expected, wiping more than a
fifth off its market value.

OPEC achieves 82 pct of pledged oil output cut in January-Reuters survey

LONDON, Jan 31 (Reuters) - OPEC's oil output is set to fall
by more than 1 million barrels per day (bpd) this month, a
Reuters survey found on Tuesday, pointing to a strong start by
the exporter group in implementing its first supply cut deal in
eight years.

UPDATE 2-Seadrill seeks at least $1 bln capital lifeline as debt deal delayed again

OSLO, Jan 31 (Reuters) - Oslo-listed rig firm Seadrill
is looking to raise at least $1 billion in new capital
as talks to restructure its debt and liabilities worth $14
billion are taking longer than expected, wiping more than a
fifth off its market value.

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