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Laos PM, party boss set for political exit after congress vote

Jan 22 (Reuters) - Laos's secretive Communist Party unveiled a new central committee on Friday from which the prime minister and incumbent party chief were absent, signalling their political exits after they opted out of re-election at a party congress.

Russian government approves sale of Yamal stake to China fund

MOSCOW, Jan 22 (Reuters) - The Russian government has approved the sale of a stake in the Yamal LNG plant to China's Silk Road Fund in a deal which should bring another $2 billion in investment for the project.

UPDATE 1-Despite oil glut, Tullow launches huge new deepwater production vessel

* Despite cheap oil, Tullow expects to make profit from the field

Azeri oil exports down 1.6 pct in 2015 y/y - Customs Committee source

BAKU, Jan 22 (Reuters) - Azerbaijan's oil exports were down 1.6 percent in 2015 compared with 2014, driven by a decline in oil production, a source at the State Customs Committee said on Friday.

US ethanol seems to resist the siren song of low gasoline prices

US ethanol's recent pursuit of gasoline's nosedive has reminded Jordan Godwin of the Gin Blossoms classic, "Follow You Down."

Upcoming winter storm may cause problems for East Coast energy infrastructure

(Fri, 22 Jan 2016) An upcoming winter storm has resulted in blizzard watches in major Mid-Atlantic cities, including Washington, DC, Baltimore, Philadelphia, and New York City. Nearly 75 million people are in regions expected to be affected by the storm. In addition to record levels of snowfall, affected areas could experience high winds as well as coastal storm surges and flooding in susceptible regions.

As oil slump rocks Petronas, Malaysians brace for hard times

* Petronas plans spending cuts worth 50 bln ringgit over 4 years

UPDATE 1-Singapore's Kuo Oil seeks ships for Iran now sanctions lifted

* Sanctions also lifted from China's state-run Zhuhai Zhenrong (Adds quote from Lloyd's Market Association)

UPDATE 1-Australia's Santos seeks to cut more costs amid oil slump

* 2015 revenue of A$3.2 bln misses market forecasts (Adds S&P downgrade, 2016 production outlook)

UPDATE 1-Japan lifts nuclear sanctions on Iran

TOKYO, Jan 22 (Reuters) - Japan on Friday lifted sanctions on Iran, falling in line with major world powers after the United Nations atomic energy agency confirmed last weekend that Tehran had fully taken steps to curb its disputed nuclear programme.

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