Energy Update

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SYDNEY, Jan 16 (Reuters) - Australian energy firm DUET Group
on Monday said its board would recommend a takeover
offer from a consortium led by Hong Kong's Cheung Kong
Infrastructure Holdings (CKI) after the price was
increased slightly to value the company at A$7.37 billion ($5.51
billion).

CARACAS, Jan 15 (Reuters) - Venezuela will next week
circulate a new proposal to crude producers in a bid to support
oil prices, President Nicolas Maduro said on Sunday, without
providing details.

CARACAS, Jan 15 (Reuters) - Venezuela will next week
circulate a new proposal to crude producers in a bid to support
oil prices, President Nicolas Maduro said on Sunday, without
providing details.

* Abe: important to solve South China Sea conflict
peacefully

BERLIN, Jan 15 (Reuters) - A fierce internal critic of
German Chancellor Angela Merkel announced on Sunday she would
resign from the centre-right Christian Democratic Union (CDU)
party, accusing Merkel of having harmed the country with her
migration policy.

KHARTOUM, Jan 15 (Reuters) - Sudan said on Sunday it would
extend a unilateral ceasefire in fighting with rebels in the
country's warring regions to six months, state news agency SUNA
reported.

BEIJING, Jan 15 (Reuters) - China's top coal-producing
province Shanxi will cut 20 million tonnes of output capacity
this year, state news agency Xinhua reported.

TRIPOLI, Jan 14 (Reuters) - Western Libya was plunged into
darkness late on Saturday as a blackout already affecting the
south spread to the capital, Tripoli, and other major cities,
the national power company said.

SAO PAULO, Jan 14 (Reuters) - Construtora Camargo Correa SA,
one of Brazil's biggest engineering firms, is in talks with
federal prosecutors for a new plea bargain deal linked to the
country's sweeping "Operation Car Wash" corruption scandal,
weekly magazine Veja said on Saturday.

KHARTOUM, Jan 14 (Reuters) - The Obama administration's
preliminary decision to ease sanctions on Sudan came with the
full approval of the incoming Trump administration and after
months of secret meetings, Sudan's foreign minister said on
Saturday.

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