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Big oil to cut investment again in 2016

LONDON, Jan 3 (Reuters) - With crude prices at 11-year lows, the world's biggest oil and gas producers are facing their longest period of investment cuts in decades, but are expected to borrow more to preserve the dividends demanded by investors.

UPDATE 1-Iran says boosting oil exports depends on future demand

DUBAI, Jan 3 (Reuters) - A rise in Iran's crude oil exports once sanctions against it are lifted depends on future global oil demand and should not further weaken oil prices, senior officials were quoted as saying.

UPDATE 1-Egypt arrears owed to oil firms rises to $3 billion at end-2015

CAIRO, Jan 3 (Reuters) - Egypt's outstanding arrears to foreign oil companies rose to $3 billion at the end of December 2015 from $2.7 billion at the end of October, Petroleum Minister Tarek El Molla told Reuters on Sunday.

Egypt arrears owed to oil firms rises to $3 billion at end-2015

CAIRO, Jan 3 (Reuters) - Egypt's outstanding arrears to foreign oil companies rose to $3 billion at the end of December 2015 from $2.7 billion at the end of October, Petroleum Minister Tarek El Molla told Reuters on Sunday.

Iran says boosting oil exports depends on future demand

DUBAI, Jan 3 (Reuters) - A rise in Iran's crude oil exports once sanctions against it are lifted depends on future global oil demand and that should not further weaken oil prices, a senior Iranian oil official was quoted as saying.

Iraq's Sadr calls for protests in Gulf, Iraq, after Nimr execution

BAGHDAD, Jan 2 (Reuters) - Prominent Iraqi Shi'ite cleric Moqtada al-Sadr called on Saturday for demonstrations in Gulf countries and in Iraq to protest the execution of Sheikh Nimr al-Nimr in Saudi Arabia.

Venezuela delays gas exports to Colombia, citing climate

BOGOTA, Jan 1 (Reuters) - Venezuela's state oil company, PDVSA, has delayed the export of natural gas to Colombia because of climate factors, the Colombian Mines and Energy Ministry said on Friday.

Harvesting More Energy from Photons

Researchers at MIT and elsewhere have found a way to significantly boost the energy that can be harnessed from sunlight, a finding that could lead to better solar cells or light detectors.

Xcel Energy Doubles Wind Generation Capacity in Power Portfolio

Xcel Energy recently doubled the amount of wind power generating capacity in its portfolio.

China to Increase Wind, Solar Power Capacity by 21 Percent in 2016

China, the world’s biggest clean energy investor, plans to increase wind and solar power capacity by more than 21 percent next year as it works to reduce greenhouse gas emissions by cutting its reliance on coal.

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