Energy Update

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LONDON, Nov 15 (Reuters) - European shares climbed higher in
early trading on Tuesday, helped by energy stocks tracking a
rally in crude oil prices and bond-proxy sectors such as
utilities rebounding following a slight drop in yields.

* Arrest could expose fault lines in Putin circle

(Edits, adds case details, Shokhin comment)

* Singapore's offshore oil and gas sector faces wave of
defaults

PARIS, Nov 15 (Reuters) - French oil major Total
announced on Tuesday plans to equip 5,000 of its service
stations across the world with solar panels, which it said would
cut Total's electricity bill by $40 million a year.

* Supply of virtually every key grade in region up in last
year

MOSCOW, Nov 15 (Reuters) - Russian lender VTB said
on Tuesday that law enforcement authorities had no issues with
the bank over how it handled oil giant Rosneft's purchase of
mid-sized oil producer Bashneft.

MOSCOW, Nov 15 (Reuters) - Russian President Vladimir Putin
was informed about an investigation into Economy Minister Alexei
Ulyukayev from the beginning, Kremlin spokesman Dmitry Peskov
told reporters on Tuesday.

MOSCOW, Nov 15 (Reuters) - Russian Prime Minister Dmitry
Medvedev has called for painstaking investigation over detention
of Economy Minister Alexei Ulyukayev, Russian news agencies said
on Tuesday.

CARACAS, Nov 15 (Reuters) - Multinational companies are
selling their Venezuelan operations at hefty discounts - or even
giving them away - as they to seek to escape the OPEC nation's
soaring inflation and chronic supply shortages.

CARACAS, Nov 15 (Reuters) - Multinational companies are
selling their Venezuelan operations at hefty discounts - or even
giving them away - as they to seek to escape the OPEC nation's
soaring inflation and chronic supply shortages.

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