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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)

UPDATE 1-Azerbaijan considers tighter currency controls to staunch losses

BAKU, Jan 18 (Reuters) - Azerbaijan's president, Ilham Aliyev, has ordered measures to support the economy and the ailing manat currency, including a possible tightening of currency controls, help for banks, and a sell-off of state assets, state television reported on Monday.

UPDATE 2-Suncor to buy Canadian Oil Sands in sweetened deal

Jan 18 (Reuters) - Canadian oil and gas producer Suncor Energy Inc said on Monday it had reached an agreement to buy Canadian Oil Sands Ltd after raising its all-stock offer, valuing the deal at about C$4.24 billion ($2.93 billion) excluding debt.

Gabon says recalls ambassador to France after election comments

LIBREVILLE, Jan 18 (Reuters) - Gabon has recalled its ambassador to Paris after the French prime minister appeared to question the legitimacy of President Ali Bongo's election in 2009, the central African country's interior minister said.

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