Energy Update

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CARACAS, Venezuela, Dec 13 (Reuters) - Lining up from dawn
with backpacks and plastic bags full of cash, Venezuelans
flocked to banks across the nation on Tuesday to ditch
100-bolivar bills after President Nicolas Maduro's surprise move
to pull them from circulation.

WASHINGTON, Dec 13 (Reuters) - The U.S. Energy Department
said on Tuesday it will not comply with a request from
President-elect Donald Trump's Energy Department transition team
for the names of people who have worked on climate change and
the professional society memberships of lab workers.

BRUSSELS, Dec 13 (Reuters) - Zinc producer Nyrstar
said on Tuesday its chief executive, who steered the company
away from a venture into mining, has stepped down with immediate
effect after less than two years in the top job.

WASHINGTON, Dec 13 (Reuters) - Fracking for oil and natural
gas can contaminate drinking water under "some circumstances,"
the Environmental Protection Agency said in a report released
Tuesday, which changes a previous finding that the drilling
process does not cause "widespread, systemic" effects.

WASHINGTON, Dec 13 (Reuters) - Donald Trump has chosen
former Texas Governor Rick Perry to head the U.S. Department of
Energy, a source close to the president-elect said, putting him
in charge of an agency he proposed eliminating during his bid
for the 2012 Republican presidential nomination.

LONDON, Dec 13 (Reuters) - Saudi Arabia has transformed
sentiment in the oil market by assembling an unprecedented
coalition of oil producing countries to agree output cuts in
2017.

LONDON, Dec 13 (Reuters) - Royal Dutch Shell wants
to buy into the British and German offshore wind markets as it
attempts to shift its business away from fossil fuels.

BRUSSELS/LONDON, Dec 13 (Reuters) - The European Commission
said on Tuesday it is reviewing the details of Glencore's
decision to buy a stake in Russian state oil giant
Rosneft to check whether it conforms with EU sanctions
against Russia.

LONDON, Dec 13 (Reuters) - Saudi Arabia has transformed
sentiment in the oil market by assembling an unprecedented
coalition of oil producing countries to agree output cuts in
2017.

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