Energy Update

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May 13 (Reuters) - Oil and gas producer Exco Resources Inc
said on Friday it formed a special committee to evaluate
strategic alternatives, including in-court or out-of-court
restructuring.

* Saudi Arabia tells OPEC it raised April production

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The strongest and weakest players from China’s lively solar panel sector are in the headlines today, with superstar Canadian Solar (Nasdaq: CSIQ) and the struggling Yingli (NYSE: YGE) both releasing their latest quarterly results. But whereas Canadian Solar has just announced its financials for this year’s first quarter, including a raised revenue outlook for 2016, Yingli is just now releasing its results for the fourth quarter of 2015.

Less than two weeks after 175 nations signed the pivotal Paris Agreement on climate change, a question lingers: What happens now?

May 13 (Reuters) - Oil and gas producer InterOil Corp's
former chief executive, Phil Mulacek, and other
shareholders nominated five independent directors to the
company's board.

MOSCOW, May 13 (Reuters) - Indebted Russian coal and steel
producer Mechel's core earnings jumped 54 percent
year-on-year in 2015 due to increased returns on investments
that previously threatened to sink the company.

* At least four big Canadian producers declare force majeure

(Adds analyst, Russian energy minister comments, updates
prices)

PARIS, May 12 (Reuters) - The French Senate on Thursday
adopted a revised version of its biodiversity bill in which
Senators scrapped a proposal to impose an additional tax on palm
oil and a deadline to ban on pesticides blamed for harming bees.

May 13 (Reuters) - Oil and gas producer Exco Resources Inc
said on Friday it formed a special committee to evaluate
strategic alternatives, including in-court or out-of-court
restructuring.

BEIJING, May 13 (Reuters) - China's Commerce Ministry said
on Friday it had asked for the World Trade Organisation's
dispute resolution mechanism to be activated over a subsidy case
bought against it by the United States.

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