Energy Update

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April 5 (Reuters) - Energy and mining company Freeport-McMoRan Inc said the chief executive of its oil and gas unit, Jim Flores, is stepping down as the company restructures the business.

PAU, France, April 5 (Reuters) - Oil and gas companies must make further serious cost cuts and should work together to generate further savings to weather the current difficult downturn, Total's executive Arnaud Breuillac said on Tuesday.

* Writedowns widen on growing pessimistic views on oil prices

Mounting losses, depressed demand and capacity closures have all been causes of misery for European steel producers, reflected in perennially low finished prices. What is the outlook for the market?

LAUNCESTON, Australia, April 5 (Reuters) - It's not hard to see why Saudi Arabia is reluctant to take the relatively modest step of freezing crude output unless Iran also joins the producer initiative to support oil prices.

LONDON, April 5 (Reuters) - Unexpectedly weak gasoline consumption in the United States reported for the month of January has been blamed by some market participants for the continued slide in oil prices on Tuesday.

* Noble seeking responses to loan by May 3 (Adds details on the loan)

For more than a century, Dawson Singletary’s family has grown tobacco, peanuts and cotton on a 530-acre farm amid the coastal flatlands of North Carolina. Now he’s making money from a different crop: solar panels.

* Guangdong Zhenrong to take 70 pct stake, Myanmar firms 30 pct

According to a recent study, residential solar installation costs in the U.S. were basically unchanged from Q4 2014 to Q4 2015. But Customer Acquisition costs actually went up. While solar panel, inverter and mounting system costs have consistently declined, the data show that it is getting increasingly expensive to identify, contact and sell a system to a homeowner.

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