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RPT-China's Iran oil imports to hit record on new production - sources

BEIJING Jan 5 (Reuters) - China's Iranian crude oil imports
may rise to a record this year as state-owned oil firms lift
more crude through their upstream investments while extending
their current supply contracts, senior industry and trading
sources said.

UPDATE 1-Brazil's Petrobras raises diesel prices by an average 6.1 pct

SAO PAULO, Jan 5 (Reuters) - Brazilian state-controlled oil
company Petróleo Brasileiro SA increased diesel
prices at refineries by 6.1 percent on average with immediate
effect, citing higher oil prices and a stronger real currency.

Brazil's Petrobras increases diesel prices by 6.1 pct on average

SAO PAULO, Jan 5 (Reuters) - Brazilian state-controlled oil
company Petróleo Brasileiro SA increased diesel
prices at refineries by 6.1 percent on average with immediate
effect.

Is More Inspection Needed for Older Wind Turbines?

On both sides of the Atlantic ocean recently a total of four wind turbines fell down and one more dropped a 40-meter long blade. In Nova Scotia, a 15-year old Vestas 660 kW turbine collapsed in Grand Etang as a result of strong winds.

Possible Fed limits on Wall Street energy bets will be "harmful"- U.S. Chamber

WASHINGTON, Jan 5 (Reuters) - The U.S. Chamber of Commerce
on Thursday blasted the Federal Reserve's regulatory work and
called on the central bank to scrap a proposal to limit Wall
Street's energy bets and commodities investments.

Sungevity deal torpedoed by Trump win, dismal stock performance

Jan 5 (Reuters) - A plan by rooftop solar company Sungevity
Inc to tap the public markets withered as investors fretted
about the dismal performance of solar stocks and an incoming
U.S. president who has expressed skepticism about renewable
energy, according to executives at Sungevity and its would-be
buyer.

UPDATE 1-Saudi Arabia cut oil output in Jan to 10.058 mln bpd -Gulf source

NEW YORK, Jan 5 (Reuters) - Saudi Arabia cut oil output in
January by at least 486,000 barrels per day (bpd) to 10.058
million bpd, fully implementing OPEC's agreement to reduce
output, according to a Gulf source familiar with Saudi oil
policy.

UPDATE 1-Omega's Cooperman says firm's assets have shrunk to $3.4 bln -CNBC

NEW YORK, Jan 5 (Reuters) - Hedge fund investor Leon
Cooperman, the chief executive of Omega Advisors, told CNBC on
Thursday his firm's assets had shrunk to $3.4 billion after the
U.S. Securities and Exchange Commission's insider trading
charges.

UPDATE 1-Lebanon to restart oil, gas licensing round after three-year delay

BEIRUT, Jan 5 (Reuters) - Lebanon intends to restart its
first oil and gas licensing round after a three-year delay, the
energy minister said on Thursday, hoping to kick-start the
development of a hydrocarbon industry stalled by national
political paralysis.

UPDATE 2-Canada's Penn West becomes latest oil producer to boost spending

CALGARY, Alberta, Jan 5 (Reuters) - Penn West Petroleum Ltd
announced a higher-than-expected 2017 capital budget on
Thursday, becoming the latest Canadian oil and gas producer to
boost spending as global crude prices tick higher.

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