Energy Update

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HONOLULU, Dec 28 (Reuters) - U.S. President Barack Obama was updated on Monday on the progress made by Iraqi security forces over Islamic State militants in Ramadi, the White House said.

HONOLULU, Dec 28 (Reuters) - President Barack Obama will welcome Canadian Prime Minister Justin Trudeau for an official visit to Washington on March 10, complete with a rare state dinner and discussions about energy and climate change, the White House said on Monday.

KHARTOUM, Dec 28 (Reuters) - Sudan's parliament passed its 2016 budget on Monday and projected a budget deficit of 1.6 percent of GDP for the coming year, up from 1.2 percent for 2015, Finance Minister Badr al-Din Mahmoud Abbas said.

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RIYADH/DUBAI, Dec 28 (Reuters) - Saudi Arabia, its finances hit by low oil prices, announced plans to shrink a record state budget deficit with spending cuts, reforms to energy subsidies and a drive to raise revenues from taxes and privatisation.

Abengoa SA creditors, including Banco Santander SA and HSBC Holdings Plc, have reached a final agreement to provide the troubled renewable energy company with a 106 million-euro ($116 million) credit line to help it pay workers’ salaries and suppliers.

HSH Nordbank, the state-owned lender based in Hamburg, plans to boost project-finance loans for clean energy to more than 1 billion euros ($1.1 billion) for the first time next year, highlighting its confidence in the industry’s outlook.

RIYADH/DUBAI, Dec 28 (Reuters) - Saudi Arabia, its finances hit by low oil prices, announced plans to shrink a record state budget deficit with spending cuts, reforms to energy subsidies and a drive to raise revenues from taxes and privatisation.

Dec 28 (Reuters) - Miner Freeport-McMoRan Inc said Chairman and co-founder James R. Moffett would step down from its board.

At ABLC and other conferences this year, you’ve been asking, and the experts have been answering. Here are 17 of the most popular questions that get asked.

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