Energy Update
BRASILIA, Dec 14 (Reuters) - One of Brazilian President
Michel Temer's closest aides resigned on Wednesday following
allegations he had received graft money from engineering
conglomerate Odebrecht in a widening corruption scandal that is
besieging the government.
ABUJA, Dec 14 (Reuters) - Nigeria expects its 2017 deficit
to rise to 2.36 trillion naira ($7.75 billion), President
Muhammadu Buhari said on Wednesday, as the government tries to
drag Africa's biggest economy out of recession with a budget
that foresees record spending.
Dec 14 (Reuters) - BP Plc's U.S. Lower 48 onshore
business said it would establish its headquarters in Denver,
Colorado, as it moves closer to its operating assets in the
Rocky Mountains.
TORONTO, Dec 14 (Reuters) - Canada's main stock index
retreated on Wednesday from a 19-month high the previous day as
lower oil prices weighed on energy shares, while financials also
lost ground as investors braced for the Federal Reserve's
interest rate decision.
PARIS, Dec 14 (Reuters) - EDF's board has approved
the partial sale of the French state-controlled utility's
high-voltage power grid to state bank Caisse des Depots, a
source familiar with the situation said on Wednesday.
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