Energy Update

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LONDON, Dec 8 (Reuters) - From the Swiss franc's record rise in January to the near certainty of a historic U.S. interest rate hike in December, 2015 was a far more volatile year for financial markets than most predicted 12 months ago.

NEW YORK/LONDON, Dec 8 (Reuters) - Oil derivative traders are preparing for crude prices to fall further in the coming months, but few expect Goldman Sachs' worst-case scenario of a drop to $20 a barrel to happen any time soon.

PARIS, Dec 8 (Reuters) - Among the stumbling blocks for a global climate deal in Paris is a decades-old U.N. view that divides the world into two camps -- wealthy countries that bear the financial responsibility for climate change and developing nations that do not.

PARIS, Dec 8 (Reuters) - Britain's KiWi Power is the kind of startup that should give utilities nightmares.

ATHENS, Dec 8 (Reuters) - Greece's leftist government will clinch its first big privatisation deal when German airport operator Fraport signs a 1.2 billion euro ($1.3 billion) deal this month to lease and manage 14 provincial airports, the head of the country's privatisation fund said on Tuesday.

Dec 8 (Reuters) - Canadian Pacific Railway Ltd revised its offer to buy U.S. railroad operator Norfolk Southern Corp, less than a week after its previous offer of $28.4 billion was rejected.

LONDON, Dec 8 (Reuters) - Russian companies planning a return to global bond markets in 2016 after a long absence may expect an eager welcome from fund managers who are starved of new emerging debt issues and reckon such deals will remain scarce.

ATHENS, Dec 8 (Reuters) - The head of Greece's privatisation agency said on Tuesday that German airport operator Fraport would sign within 10 days a 1.2 billion euro ($1.30 billion) deal to lease and manage 14 provincial Greek airports.

* EU has urged diversification away from Russian energy imports

NEW YORK, Dec 8 (Thomson Reuters Foundation) - The United States ranks among the lowest of the world's wealthy nations in its policies toward helping people living in poorer nations, according to an annual report comparing 27 countries.

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