Energy Update

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STUTTGART, Jan 27 (Reuters) - German car parts maker Bosch
reported a slide in profits for 2016 as it invested in
the development of products for connected and electric vehicles.

BEIRUT, Jan 26 (Reuters) - Lebanon relaunched its first oil
and gas exploration and production licensing round after a
three-year delay, its energy minister said on Thursday,
kick-starting the development of a hydrocarbon industry stalled
by national political paralysis.

* Crude, condensate exports rise to 2.2 mln bpd in Feb -
source

* Asia gasoline refining margins approach 10-month high in
Jan

FORT BERTHOLD, North Dakota, Jan 27 (Reuters) - When the
U.S. oil boom hit North Dakota a decade ago, wells sprang up
quickly on the edges of the Fort Berthold Indian Reservation, an
expanse of prairie and rolling hills three times larger than Los
Angeles.

WASHINGTON, Jan 27 (Reuters) - As some Native American
tribes renew their push for more control over the natural
resources on their lands, they will also urge Congress and
President Donald Trump to prohibit state taxation of energy and
resource development on reservations.

* U.S. output has risen by 500,000 bpd since June 2016

(Adds comment, start to Lunar New Year, updates prices)

(Fri, 27 Jan 2017) Starting with the release of data for the week ending January 20, 2017, EIA’s <em>Weekly Natural Gas Storage Report</em> (WNGSR) now provides information about the statistical properties of published estimates of weekly working natural gas levels and their net changes. The methodology for the storage data itself, however, is unchanged.

KUALA LUMPUR, Jan 27 (Reuters) - Malaysia's state oil firm
Petroliam Nasional Berhad (Petronas) is pushing ahead with plans
to start operations in 2019 at a large refining and
petrochemical complex in the southeast of the country despite
Saudi Aramco ditching plans for a joint venture.

KUALA LUMPUR, Jan 27 (Reuters) - Malaysia's state oil firm
Petroliam Nasional Berhad (Petronas) is pushing ahead with plans
to start operations in 2019 at a large refining and
petrochemical complex in the southeast of the country despite
Saudi Aramco ditching plans for a joint venture.

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