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Nigeria's Delta amnesty programme to continue for at least 1 year

ABUJA, Jan 14 (Reuters) - Nigeria's amnesty programme for former Niger Delta militants will continue for at least another year contrary to expectations that it was due to be shut down, a programme spokesman said on Thursday.

Turkish scrap imports kick off 2016 on an upbeat note, but headwinds persist

Vaseem Karbhari explores the market fundamentals underpinning a rise in Turkish scrap prices and how the health of Asian steel markets could hold the key to how they perform during 2016.

UPDATE 1-Russia says oil fall means market balance may take longer

MOSCOW, Jan 14 (Reuters) - Russia said it could take longer than it had previously forecast for the global oil market to reach a balance between demand and supply after crude prices plunged to $30 per barrel.

Venezuelan businessman to be sent to Texas for U.S. corruption case

MIAMI, Jan 14 (Reuters) - A judge in Miami on Thursday ordered the transfer to Texas of a Venezuelan businessman accused by U.S. prosecutors of taking part in a $1 billion conspiracy to pay bribes to obtain contracts from Venezuela's state oil company.

Sustainable Development in the Arctic

How do we ensure that the Arctic is developed in a sustainable manner? While many approach the Arctic as a place that must be preserved and protected, indigenous peoples in the area, along with many corporations, would like to see the development of Arctic resources.

Major oil pipeline hit by blast south of Libya's Ras Lanuf terminal - NOC

Jan 14 (Reuters) - An explosion hit a major oil pipeline south of the Libyan terminal of Ras Lanuf overnight between Wednesday and Thursday, a spokesman for the Libya's National Oil Corp said.

Azerbaijan lowers price of flour after currency slide

BAKU, Jan 14 (Reuters) - Azerbaijan's government on Thursday ordered a cut in the price of flour after a steep fall in the value of the national currency, the manat, forced up the cost of living and sparked protests in some regions.

Canadian Solar, Goldwind, Juwi Compete for Australia Solar Funds

Renewable energy companies from Canada, China and Europe are among those seeking funds to develop about A$1.68 billion ($1.2 billion) in large solar plants in Australia amid forecasts for costs to halve by the end of the decade.

Shell names top exec to head BG during complex integration

LONDON, Jan 14 (Reuters) - Royal Dutch Shell's top executive planning the integration of BG Group will become transitional CEO of BG after expected completion of the $48 billion acquisition next month, company sources said.

UPDATE 1-U.S. weather forecaster sees El Nino conditions weakening

NEW YORK, Jan 14 (Reuters) - The El Nino phenomenon currently affecting weather is expected to weaken during the Northern Hemisphere spring and transition to normal conditions by late spring or early summer, a U.S. government weather forecaster said on Thursday.

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