Energy Update

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Dec 21 (Reuters) - U.S. authorities have traced over $1 billion to a conspiracy involving a Venezuelan magnate who allegedly paid bribes to obtain contracts from Venezuelan state oil company PDVSA, according to U.S.

The solar industry is on a building binge. Top manufacturers are adding almost 7 gigawatts of factory capacity, comparable to the energy produced by seven nuclear reactors, as they anticipate global demand will continue to rise.

LONDON, Dec 24 (Reuters) - It was a torrid 2015 for emerging markets, with a mix of weak global growth, a slump in commodity prices and a strong dollar making it the worst year for some of the big countries since the height of financial crisis.

* Brent reached 11-year low of $35.98 on Tuesday (Updates prices, adds quote paragraph 4)

SAO PAULO/BRASILIA, Dec 24 (Reuters) - The former chief executive officer of Latin America's largest engineering group will be allowed panettone in his jail cell this Christmas. He may even get turkey, as long as it is boneless.

Ormat Technologies recently said it agreed to acquire part of a geothermal power plant and exploration options in Guadeloupe Island in the Caribbean.

LAUNCESTON, Australia, Dec 24 (Reuters) - It's always tempting for commodity analysts to issue forecasts for the coming year, even though we intrinsically know that the future is inherently uncertain and even the most reasoned expectations can be easily confounded by events.

WILMINGTON, Del, Dec 23 (Reuters) - Rising financial stress in the U.S. energy sector has prompted some suppliers and vendors to take unusual legal action to collect unpaid debts: forcing struggling companies with billions of dollars in debt into bankruptcy.

* Rulings a victory in Japan's slow move to resume atomic power

Dec 24 (Reuters) - Global mining giant Anglo American Plc said it would sell its majority interest in Dartbrook coal mine to Australian Pacific Coal Ltd in a deal worth up to A$50 million ($36.35 million).

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