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Private equity emerges as lender of last resort for U.S. energy firms

NEW YORK, March 15 (Reuters) - U.S.

Energy market affected decision on Atlantic drilling -White House

WASHINGTON, March 15 (Reuters) - Energy market dynamics factored into the decision by the Obama administration to reverse course on a proposal to open the southeastern Atlantic coastal area to oil and gas drilling, the White House said on Tuesday.

European shares led lower by commodity stocks, gloomy BoJ view

* Galenica shares slump after results (Adds closing prices)

UPDATE 1-Lockheed CEO still likes Sikorsky despite slumping sales to energy sector

WASHINGTON, March 15 (Reuters) - Lockheed Martin Corp has "no regrets" about buying Sikorsky for $9 billion even though sliding oil prices have taken a bigger bite than expected from the company's commercial helicopter sales, Chief Executive Marillyn Hewson said Tuesday.

UPDATE 3-Obama administration reverses course on Atlantic oil drilling

WASHINGTON, March 15 (Reuters) - The Obama administration reversed course on Tuesday on a proposal to open the southeastern Atlantic coast to drilling as an oil price slump and strong opposition in coastal communities raised doubts about the plan.

UPDATE 2-Brazil's ex-President Lula accepts cabinet post - source

BRASILIA, March 15 (Reuters) - Brazil's former President Luiz Inacio Lula da Silva has decided to accept a position in President Dilma Rousseff's Cabinet, a presidency source said on Tuesday, a move that would offer some protection from an investigation into money laundering.

U.S. House Republicans float controversial budget plan

WASHINGTON, March 15 (Reuters) - U.S. House Republicans on Tuesday insisted they will proceed with a fiscal 2017 budget plan despite a flat-out rejection from their party's fiscal hawks that poses an important test of Speaker Paul Ryan's leadership.

Intelligent MW-Scale Battery Park Under Construction on Azorean Island of Graciosa

Construction is underway on a fully automated 3.2 MWh intelligent battery park on the Azorean island of Graciosa, grid solutions provider Younicos said on March 14.

UPDATE 2-Syrian opposition "not against" direct talks with government

GENEVA, March 15 (Reuters) - Syria's opposition are "not against" direct talks with the Damascus government, Salim al-Muslat, a spokesman for the main Syrian opposition alliance in Geneva said on Tuesday.

India Opens Market for Solar Battery Makers Such as Tesla

India plans for the first time to include energy storage as a requirement when a solar project is tendered this month, opening what could become a significant new market to battery makers such as Tesla Motors Inc., Samsung SDI Co. and Panasonic Corp.

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