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Abu Dhabi Bank to Invest $10 Billion in Environmental Projects

The National Bank of Abu Dhabi PJSC announced that it will invest $10 billion in green projects over the next decade.

Renewable Energy Focus Could Boost Global Economic Growth

Doubling the share of solar, wind and other renewables in the energy mix would boost global economic growth by as much as 1.1 percent by 2030, according to the International Renewable Energy Agency.

Iran-Venezuela oil tanker deal hit by sanctions snags

LONDON/HOUSTON, Jan 18 (Reuters) - An agreement to build oil tankers in Iran for Venezuela has been left in limbo years after it was announced as Western sanctions plus disagreements over payments and delivery terms took their toll, sources familiar with the matter say.

Germany to revive state guarantees for exports to Iran after sanctions lifted

BERLIN, Jan 18 (Reuters) - Germany plans to revive state export guarantees for companies that want to do business with Iran following the lifting of international sanctions against the Islamic Republic, the Economy Ministry said on Monday.

Serbian power bourse to launch day-ahead market on Feb. 17

SARAJEVO, Jan 18 (Reuters) - Serbia's power exchange SEEPEX will launch a day-ahead market on Feb. 17 in a bid to foster a competitive, transparent and reliable electricity market for Serbia and southeast Europe, the exchange said on Monday.

Turkish Solar Update

Turkey’s energy regulator granted its first ever solar license in late 2015. It is a 49-year generation license granted to Turkish developer Solentegre Enerji Yatirimlari, for an 8 MW facility to be installed in the eastern province of Elazig.

COLUMN-Oil shock is hurting U.S. economy: Kemp

LONDON, Jan 18 (Reuters) - Slumping oil and gas prices and a downturn in investment are proving to be major headwinds for the economies of the United States and other key important petroleum producers.

Saudi Arabia alarmed, in private, at Iran's sanctions relief

RIYADH, Jan 18 (Reuters) - Saudi officials have said little in public, but they fear the end of sanctions on Iran could boost what they see as its subversive activities in the Middle East while also enriching a diverse economy that the oil-dependent kingdom views as a major competitor for regional influence.

UPDATE 1-Gabon recalls Paris ambassador after election comments

* Gabon's opposition disputed Ali Bongo's 2009 election (Adds French foreign ministry)

UPDATE 1-OPEC sees oil market rebalancing in 2016, but Iran to counter non-OPEC decline

* Iran's plan to boost output to counter non-OPEC decline (Adds details, quotes from report)

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