Energy Update

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The slump in oil prices that’s brought upheaval and cost-cutting to the traditional energy industry spared renewables such as solar and wind, which raked in a record $329.3 billion of investment last year.

LONDON, Jan 14 (Reuters) - Two weeks before shareholders are due to vote on Royal Dutch Shell $48 billion bid for BG Group, more investors have come out in support of the deal, despite lingering concerns about the effect of falling oil prices on the sector.

The U.S. Department of Energy on Jan. 11 issued a Finding of No Significant Impact (FONSI) related to a Helena Valley Irrigation District request to the U.S. Bureau of Reclamation to develop the 9.4 MW Sleeping Giant Hydroelectric Project at the existing Helena Valley Pumping Plant site at the Canyon Ferry Dam on the Missouri River near Helena, Mont.

* Projects worth $380 bln scrapped, postponed - Wood Mac (Adds Iran news, updates prices)

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.

SAO PAULO, Jan 14 (Reuters) - Petróleo Brasileiro SA, the Brazilian state-controlled firm at the center of a massive corruption investigation, said asset divestments hinged on a number of undetermined "global and external factors", as regulators questioned it over the sale of a stake in petrochemical giant Braskem SA.

BRUSSELS, Jan 14 (Reuters) - The European Investment Bank (EIB) has stopped loans to Volkswagen pending an investigation into whether some of its previous funding could been used by the German carmaker to cheat diesel emissions tests.

BRUSSELS, Jan 14 (Reuters) - The European Investment Bank, the EU's lending institution, lent 77.5 billion euros in 2015 and plans to maintain a similar level of financing this year, bank president Werner Hoyer said on Thursday.

* 2016 gas output seen at 106.6 bln cubic metres (Adds detail)

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