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ABUJA, Jan 26 (Reuters) - A Nigerian court has ordered the
temporary forfeiture of assets and the transfer of operations of
a long-disputed oilfield owned by Shell and Eni
, among others, to the federal government, court papers
show.

* Shares down 1 percent, Oil prices up about 2 pct

(Adds details)

ABUJA, Jan 26 (Reuters) - A Nigerian court has ordered the
temporary forfeiture of assets and the transfer of operations of
a long-disputed oilfield owned by Shell and Eni
, among others, to the federal government, court papers
released on Thursday showed.

CHICAGO, Jan 26 (Reuters) - Caterpillar Inc, the
world's largest construction and equipment maker, forecast 2017
profit sharply below analysts' estimates, hurt by sluggish
demand in the construction and energy industries.

* EU-China solar dispute threatened trade war in 2013

(Adds details on duties, background to dispute)

A long planned high voltage, direct current line to move wind energy from western Oklahoma to the southeast U.S. is one of several major electric transmission and power projects listed high on President Donald Trump’s top priorities for infrastructure that are considered of emergency or national security interests.

Jan 26 (Reuters) - Magellan Midstream Partners LP
said on Thursday its refined products pipeline in Worth County,
Iowa, remained shut after spilling about 3,300 barrels of
diesel.

MEXICO CITY, Jan 26 (Reuters) - Mexican President Enrique
Pena Nieto said on Thursday he had scrapped plans to meet Donald
Trump next week after the U.S. president tweeted Mexico should
cancel the meeting if it was not prepared to pay for his
proposed border wall.

LONDON, Jan 26 (Reuters) - Production at the UK's North Sea
Buzzard oilfield has fallen slightly after a technical glitch,
three trading sources said on Thursday.

New York Governor Andrew Cuomo is pursing the state’s 50 percent renewable by 2030 goal with vigor. On Wednesday he announced that the 90-MW South Fork Wind Farm, which will be located 30 miles southwest of the popular summer vacation spot, Montauk, and therefore invisible to beachgoers, is now approved by the board of trustees of the Long Island Power Authority (LIPA).  

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