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Sudan's parliament passes 2016 budget with 1.6 pct deficit

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.

UPDATE 3-Freeport-McMoRan Chairman James Moffett to step down

* Shares fall as much as 8.5 pct (Adds background, analyst comment; updates shares)

REFILE-WRAPUP 1-Saudi plans spending cuts, reforms to shrink huge budget deficit

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 Creditors Agree on a New 106 Million-Euro Loan

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 to Push Renewable Lending Past $1.1 Billion

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.

WRAP 1-Saudi plans spending cuts, reforms to shrink huge budget deficit

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.

Freeport-McMoRan Chairman James R. Moffett steps down

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

17 Answers for Your Burning Questions About Biofuels, Renewable Chemicals, Biomass and More

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.

Iraq state TV shows national flag raised in Ramadi centre

BAGHDAD, Dec 28 (Reuters) - Video footage broadcast by Iraq's state television on Monday showed soldiers raising the national flag atop a low-rise building said to be the main government complex in the western city of Ramadi.

Commercial Solar in 2016—Opportunity for a Better, Stronger Industry

In December, leaders from across the globe met at the Conference of Parties 21, coming to agreement that the world needs to collectively limit global warming to 2 degrees Celsius – an ambitious objective, but not an impossible one.

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