Energy Update

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TORONTO, Jan 20 (Reuters) - Canada's main stock index jumped
1 percent on Friday in a broad rally led by resources stocks as
oil prices pushed higher and other commodity prices also gained
and as investors eyed the inauguration of Donald Trump as the
next U.S. president.

* Shares fall 1.8 percent

(Adds exec, analyst comments; updates shares)

CARACAS, Jan 20 (Reuters) - Venezuelan consumer prices rose
800 percent in 2016 while the economy contracted by 18.6
percent, according to preliminary central bank figures seen by
Reuters, the sharpest contraction in 13 years and the worst
inflation reading on record.

* Statoil says bad risk assessment the main cause

(Adds reaction by oil workers' union)

Shortly before the end of 2016, Italy concluded a renewable energy auction that will see some 870 MW of capacity introduced into the nation’s energy mix.

At the center of our solar system, approximately 92.96 million miles away, is a nuclear power plant capable of powering the entire globe. We know it by its most common name: our sun.

For 17 years, my colleagues and I at Clean Edge have highlighted the major clean-energy trends to watch at the beginning of each year. Many of our past projections have become reality: the wide adoption of LED lighting...

Jan 20 (Reuters) - General Electric Co reported on
Friday a 35.7 percent rise in quarterly profit, helped by
strength in its power and renewable energy businesses.

The executive director of the International Energy Agency on Monday said that the global power sector needs to double its investment in renewables if it is to meet the Paris climate goals.

DAVOS, Switzerland, Jan 20 (Reuters) - Oil executives and
Middle East producers are concerned that trade tensions between
the United States and China risk clouding the outlook for global
energy demand growth and a recovery in the price of oil.

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