Energy Update

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Wood Group has won a new contract worth approximately $90 to deliver services to one of the world’s leading blue-chip international oil companies (IOC) in Iraq.

RIO DE JANEIRO, Nov 25 (Reuters) - Brazil's Senate on Wednesday approved a Supreme Court decision to arrest the leader of the ruling coalition in the upper house, Senator Delcídio do Amaral, for allegedly obstructing a corruption probe into state-run oil company Petrobras.

TORONTO, Nov 25 (Reuters) - Canadian Oil Sands, which is trying to attract a white knight following a hostile bid from Suncor Energy, needs more time to review options as more than two dozen parties have expressed an interest, according to a regulatory filing.

SAO PAULO, Nov 25 (Reuters) - Brazil's Grupo BTG Pactual SA scrambled to contain fallout from the arrest of its billionaire boss on Wednesday, tapping cash reserves to cover client redemptions and announcing a stock buyback to prop up plunging shares.

SAO PAULO, Nov 25 (Reuters) - Brazil's Grupo BTG Pactual SA scrambled to contain the fallout from the arrest of its billionaire boss on Wednesday, tapping cash reserves to cover client redemptions and announcing a stock buyback to prop up its plunging share price.

MEXICO CITY, Nov 25 (Reuters) - Hurricane Sandra on Wednesday strengthened to a Category 3 storm, becoming the strongest ever recorded in the eastern Pacific for this late in the year, as it heads toward the Mexican coast, the U.S.

BUENOS AIRES, Nov 25 (Reuters) - Argentina's president-elect, Mauricio Macri, has named former Shell Argentina executive Juan Jose Aranguren to be the country's energy minister, a spokesman for the incoming government said at a news conference on Wednesday.

TORONTO, Nov 25 (Reuters) - Canadian Oil Sands, which is trying to attract a white knight after a hostile bid from Suncor Energy, needs more time to review its options as more than two dozen parties have expressed an interest in the company, according to a regulatory filing.

* Bolivia says it will not block climate change accord in Paris

WASHINGTON, Nov 25 (Reuters) - The United States sanctioned a Syrian businessman on Wednesday who it said was a middleman for oil sales between Islamic State and the Syrian government, the latest salvo in an effort to cut off the flow of funds to the militant group.

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