Energy Update

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MOSCOW/KIEV, Nov 24 (Reuters) - Russia said on Tuesday it would cut off gas supplies to Ukraine and threatened to halt coal deliveries, ratcheting up a dispute over a power blackout in Crimea at a time when a ceasefire between Kiev and separatist rebels is fraying.

SAO PAULO, Nov 24 (Reuters) - Brazilian federal police on Tuesday arrested businessman and rancher José Carlos Bumlai, a friend of former President Luíz Inácio Lula da Silva, for suspected fraud in a drillship contract with state-run oil firm Petrobras.

A three-judge panel at the U.S. Ninth Circuit Court of Appeals on Nov. 19 rejected an appeal from environmental groups of the U.S. Bureau of Land Management's (BLM) approval of the agency's environmental review of a Pattern Energy Group Inc. wind farm in California.

NEW DELHI, Nov 24 (Reuters) - India would reject a deal to combat climate change that includes a pledge for the world to wean itself off fossil fuels this century, a senior official said, underlying the difficulties countries face in agreeing how to slow global warming.

Bioenergy Infrastructure Group obtained finance for a 25-megawatt waste-to-power plant in Hull that’s the first in the U.K. to include a Contract for Difference with the government to smooth out prices for the power it generates.

** U.S. solar company's shares up 11 pct at $3.33 premarket, after rising as much as 19 pct on Monday

NEW DELHI/MUMBAI, Nov 24 (Reuters) - SunEdison Inc plans to sell about 400 megawatts (MW) of solar power capacity in India for about $350 million as it looks to shed assets to boost its balance sheet, said two sources with direct knowledge of the matter.<

* Tanker firm Frontline rebounds (Adds results of other firms, analyst comment)

The race to find winners from Alberta’s low-carbon policies is on with analysts betting renewable energy developers such as Enbridge Inc. and TransCanada Corp. will be among the best placed to make the shift.

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