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Brazil prosecutors charge Decal do Brasil executive Ferraz with corruption

SAO PAULO, Jan 12 (Reuters) - Brazilian prosecutors on
Thursday filed corruption charges against Decal do Brasil
co-founder Mariano Marcondes Ferraz accusing him of bribing a
former executive at state-run oil company Petrobras to win
contracts for Ferraz's own firm.

Are You Realizing the Full Value of Your Solar Initiatives?

Americans like solar. Study after study has shown that the American public supports solar and wants the country to use more of it. Corporations like solar, too. When a company signs a solar PPA, it in effect locks in lower electricity prices for a fixed timeframe, which is music to the ears of the Chief Financial Officer.  The fact that that energy is clean and renewable is music to the ears of the Chief Marketing Officer or  Chief Sustainability Officer.  All good, right?

UPDATE 1-Azerbaijan drops FX rate corridor to float manat currency - c.bank

BAKU, Jan 12 (Reuters) - Azerbaijan has dropped an exchange
rate corridor and let the country's manat currency float freely,
the central bank said on Thursday, in a move to save state
reserves from depleting.

UPDATE 1-Saudis cut oil output to lowest in 2 years, pledge further reductions

* Expects market to tighten in 2-3 years

(Adds further Falih quotes)

UPDATE 1-U.S. launches WTO complaint over Chinese aluminum subsidies

WASHINGTON, Jan 12 (Reuters) - The Obama administration on
Thursday launched a new complaint against Chinese aluminum
subsidies at the World Trade Organization, accusing Beijing of
artificially expanding its global market share through cheap
state-directed loans and subsidized energy.

UPDATE 1-U.S. weather forecaster sees La Niña fading by February

NEW YORK, Jan 12 (Reuters) - A U.S. government weather
forecaster on Thursday said current La Niña conditions are
likely to dissipate by February and neutral conditions are
likely to continue during the first half of the year.

U.S. launches WTO complaint over Chinese aluminum subsidies

WASHINGTON, Jan 12 (Reuters) - The Obama administration on
Thursday launched a new complaint against Chinese aluminum
subsidies at the World Trade Organization, accusing Beijing of
"artificially" expanding its global market share through cheap
state-directed loans and subsidized energy.

U.S. weather forecaster sees La Nina likely to fade next month

NEW YORK, Jan 12 (Reuters) - A U.S. government weather
forecaster on Thursday said current La Nina conditions are
likely to dissipate by February and sees neutral conditions
continuing during the first half of 2017.

COLUMN-Oil price forecasts for 2017, 2018 rise as downside risks fall: Kemp

LONDON, Jan 12 (Reuters) - Energy professionals have become
less bearish about the outlook for oil prices in 2017 and 2018
as downside risks have fallen, an annual survey by Reuters
shows.

Saudis cut oil output to lowest in 2 years, pledge further reductions

ABU DHABI, Jan 12 (Reuters) - Saudi Arabia has cut oil
output to its lowest in almost two years, its energy minister
said on Thursday, as the world's largest oil exporter leads
OPEC's drive to eradicate a global glut and prop up prices.

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