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Brazil's Braskem to pay 3.1 bln reais in leniency deal for corruption case

SAO PAULO, Dec 14 (Reuters) - Brazil's Braskem SA
, the largest petrochemical producer in Latin America,
signed a leniency deal on Wednesday with Brazilian prosecutors
leading a sweeping corruption probe into political kickbacks at
state-run oil company Petrobras, the company said in
a securities filing.

UPDATE 2-EDF's board approves partial sale of its grid unit RTE

PARIS, Dec 14 (Reuters) - French utility EDF's
board has approved the partial sale of RTE, the company's
high-voltage power grid unit, to state bank Caisse des Depots,
the companies said in a statement.

COLUMN-The case for Exxon's Rex Tillerson as Trump's secretary of state

Dec 14 (Reuters) - Donald Trump has nominated Exxon Mobil
chairman and chief executive officer Rex Tillerson to serve as
his secretary of state. Having surrounded himself mostly with
retired generals for national security positions, the
president-elect has chosen someone with no previous government
experience to be the nation's chief diplomat. But it would be a
mistake for foreign policy experts and political pundits to

UPDATE 2-Exxon says CEO Tillerson to hand over reins to President Woods

Dec 14 (Reuters) - Oil major Exxon Mobil Corp said
on Wednesday that President Darren Woods would become chief
executive and chairman in January after the retirement of Rex
Tillerson, who is U.S. President-elect Donald Trump's pick for
secretary of state.

Exxon says CEO Tillerson to retire at year-end

Dec 14 (Reuters) - Oil major Exxon Mobil Corp said
Chief Executive Rex Tillerson, who is U.S. President-elect
Donald Trump's pick for Secretary Of State, would retire at the
end of the year.

UPDATE 1-Protesters agree to end blockade of western Libya oil pipelines -officials

TRIPOLI, Dec 14 (Reuters) - Protesters blockading pipelines
to Libya's Sharara and El Feel oil fields have promised to
reopen them and production could restart in the coming days,
security officials and an oil industry source said on Wednesday.

Venezuela ordered to pay steelmaker Tenaris $162 mln for takeover

BUENOS AIRES, Dec 14 (Reuters) - A World Bank tribunal
ordered Venezuela to pay steelmaker Tenaris SA $162
million for expropriating two investments in the country,
according to a statement published by the Buenos Aires stock
exchange on Wednesday.

Protesters agree to end blockade of western Libya oilfield pipelines - officials

TRIPOLI, Dec 14 (Reuters) - Protesters blockading pipelines
to Libya's Sharara and El Feel oil fields have promised to
reopen them and production could restart in the coming days,
security officials and an oil source said on Wednesday.

Georgia sees 4 percent growth, rise in revenues in 2017 budget

TBILISI, Dec 14 (Reuters) - Georgia expects state revenues
and spending to rise next year amid tax reform and forecasts 4
percent economic growth in the budget passed by the parliament
on Wednesday.

UPDATE 4-Trump picks climate skeptic Perry for top U.S. energy job

WASHINGTON, Dec 14 (Reuters) - President-elect Donald Trump
on Wednesday named former Texas Governor Rick Perry to head the
U.S. Department of Energy, handing the job to a climate change
skeptic with close ties to the oil industry who once proposed
abolishing the department.

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