Energy Update

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OSLO, June 25 (Reuters) - Norwegian offshore oil rig workers signed a new wage deal on Thursday, avoiding a strike that could have cut energy production, labour unions said.

June 25 (Reuters) - Britain announced plans on Thursday to begin selling stakes in its state-backed Green Investment Bank to bring it into private ownership and to help it to grow.

Lukoil has commissioned the primary oil refining installation (ELOU AVT-1) in the Volgograd region, Russia.

June 24 (Reuters) - A 5.6 magnitude earthquake has hit Alaska about 74 miles (119 km) northwest of Anchorage at a depth of 72 miles (116 km), the U.S. Geological Survey reported on Wednesday. (Reporting by Eric M. Johnson in Seattle; Editing by Lisa Lambert)

CURITIBA, Brazil, June 24 (Reuters) - Brazilian police said on Wednesday they intercepted a note from the jailed chief executive of Odebrecht SA to his lawyers asking to "destroy email," after he became the highest-profile executive arrested in Brazil's largest ever corruption investigation.

WASHINGTON, June 24 (Reuters) - Lawmakers will examine whether a program that allows coal companies to forgo mine cleanup insurance could leave taxpayers with billion dollar costs, leading members of the U.S. House Committee on Natural Resources said on Wednesday.

CURITIBA, Brazil, June 24 (Reuters) - Brazilian federal police are investigating foreign companies that may have paid bribes to obtain contracts with state-run oil firm Petrobras but were not part of a suspected cartel of local engineering firms, an agent said on Wednesday.

June 24 (Reuters) - Cree Inc said it would reduce manufacturing capacity at its light-emitting diode factory, as it struggles with a decline in prices, and take an $85 million restructuring charge.

CALGARY, Alberta, June 24 (Reuters) - Institutional Shareholders Services, an influential proxy advisory firm, is advising its clients to reject a planned C$2 billion ($1.61 billion) sale of Pacific Rubiales Energy Corp, a group representing a fifth of the Canadian oil company's shareholders said on Wednesday.

June 24 (Reuters) - Cree Inc, a light-emitting diode maker, said it would restructure its LED products business, hurt by a decline in selling price and under-utilization of its factory.

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