Energy Update

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BEIJING, March 24 (Reuters) - China Shenhua Energy's net profit fell 56.9 percent in 2015, missing forecasts and dropping for a third straight year due to lower demand in a slowing economy and the country's efforts to switch to cleaner forms of energy.

Solar micro-grids are playing an important role in ensuring that communities living in remote areas away from main power have access to electricity in East Africa in a region where nearly 80 percent of the population have no access to grid power.

LONDON, March 24 (Reuters) - Iranian oil flows to Europe have begun to pick up from a slow start after sanctions were lifted in January, but trading sources say a lack of access to storage part-owned by Tehran's Gulf Arab rivals now looms large on a list of obstacles.

LONDON, March 24 (Reuters) - The political economy of oil prices in the United States is complicated.

SAO PAULO, March 24 (Reuters) - In the midst of Brazil's worst recession in decades, lawyer Thiago Jabor Pinheiro switched firms to focus full-time on one of the only booming fields in the scandal-plagued country: compliance and corporate ethics.

The transition from fossil fuels to renewable, sustainable energy is proving to be slow but gradual, and this is in large part due to the stumbling blocks that face the green energy sector.

LONDON, March 24 (Reuters) - A British parliamentary committee has asked the country's energy minister to outline any contingency plans and potential costs if the Hinkley Point C nuclear project collapses.

WASHINGTON, March 24 (Reuters) - New orders for long-lasting U.S. manufactured goods fell in February as the sector continues to struggle with the lingering effects of a robust dollar and lower oil prices.

WASHINGTON, March 24 (Reuters) - New orders for long-lasting U.S.

MOSCOW, March 24 (Reuters) - Russia will export more oil to Europe in April than it has in any month since 2013 - despite Moscow's plan to sign a global agreement on freezing production in a bid to lift the price of crude.

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