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UPDATE 4-Brazil Senate leader, BTG Pactual CEO arrested in Petrobras probe

* Amaral is ruling party leader in Senate (Adds Senate leader suspending session, central bank statement, background on bank)

Oman completes $4.5 bln contract talks for plastics complex

MUSCAT, Nov 25 (Reuters) - State-owned Oman Oil Refineries and Petroleum Industries Co (ORPIC) said it had finalised negotiations with preferred bidders for $4.5 billion worth of contracts to build a major plastics complex in the sultanate.

EU 'ready to work day and night for right climate deal in Paris'

BRUSSELS, Nov 25 (Reuters) - The European Union will negotiate day and night at U.N.

Iraq's southern oil exports rebound towards record in November

* Southern exports of 3.064 mbpd in July are latest record Northern exports by KRG fall slightly, no SOMO sales

DOE Awards $10.1M to Advance New Grid-Scale Energy Storage Technologies

DOE has awarded about $10.1 million in funding to four companies to advance grid-scale energy storage technologies.

Britain permanently scraps 'green' costs for energy-intensive industry

LONDON, Nov 25 (Reuters) - Britain will permanently exclude energy-intensive industries such as steel and chemicals from extra costs to support green energy projects, finance minister George Osborne said on Wednesday.

German battery maker launches scheme to share solar power

BERLIN, Nov 25 (Reuters) - German battery maker Sonnenbatterie has launched a scheme to connect households with solar panels and other consumers, aiming to better distribute surpluses of the renewable energy and help members to become more independent of conventional suppliers.

UPDATE 1-Saudi deputy crown prince says considering subsidy cuts after oil price fall - NYT

RIYADH, Nov 25 (Reuters) - Saudi Arabia may reduce energy and water subsidies for wealthy citizens among other reforms to diversify its economy away from oil amid a sustained fall in prices, its Deputy Crown Prince Mohammed bin Salman was quoted as saying on Wednesday.

Spanish Renewable Energy Firm Abengoa Seeks Protection From Lenders

Abengoa SA’s bonds and stock tumbled to records after the embattled renewable-energy company said it was seeking preliminary protection from creditors following the breakdown of talks with a new investor.

U.S. business spending gauge surges, durable goods orders soar

WASHINGTON, Nov 25 (Reuters) - A gauge of U.S. business investment plans surged in October, the latest suggestion that the worst of the drag from a strong dollar and deep spending cuts by energy firms was over.

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