Energy Update

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BENGHAZI, Libya, Dec 26 (Reuters) - Forces loyal to Libya's
eastern government said they had carried out an air strike
against opponents in the central Jufra region on Monday.

BEIJING, Dec 26 (Reuters) - Industrial and Commercial Bank
of China (ICBC) has signed three
debt-for-equity swaps with Shanxi province's highly indebted
state-owned coal and steel firms, the bank said late on Monday.

TOKYO, Dec 26 (Reuters) - Tokyo Electric Power Company
Holdings (Tepco) will enter the city's metropolitan gas
retail market next July, it said on Monday, opening a new stage
of competition with Japan's biggest city gas operator Tokyo Gas.
.

MOSCOW, Dec 26 (Reuters) - Kazakh President Nursultan
Nazarbayev said on Monday he was ready to host multilateral
talks on the conflict in Syria in the Kazakh capital of Astana.

SANTENY, France, Dec 26 (Reuters) - A Syrian soapmaker who
fled Aleppo after the factory he worked in was bombed has set up
shop in a Paris suburb, reviving a tradition he says dates back
millennia.

SHANGHAI, Dec 26 (Reuters) - China stocks erased early
losses and eked out a gain on Monday, after some shares favored
by insurers rebounded, offsetting the weakness in resources
pulled lower by falls in commodity prices.

SHANGHAI, Dec 26 (Reuters) - China's courts will widen the
range of offences that constitute "environmental crimes" to make
it easier to take legal action against polluters, a senior
judiciary official told a news briefing on Monday.

BEIJING, Dec 26 (Reuters) - China promised strong support on
Monday for its newest friend in Africa, the former Taiwan ally
Sao Tome and Principe, whose foreign minister made a pitch for
Chinese firms to invest in his "tranquil" country as the two
re-established ties.

MOSCOW, Dec 26 (Reuters) - Russia's oil exports would rise
by almost 5 percent this year to 253.5 million tonnes, and a
"slight" increase was expected next year, Deputy Energy Minister
Kirill Molodtsov said on Monday.

MOSCOW, Dec 26 (Reuters) - Russia's output of oil products
is expected to fall by about 2.5 percent in 2017 due to further
work on a massive refinery modernisation programme aimed at
boosting fuel quality, a deputy energy minister said.

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