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Obama administration will not open Atlantic coast to drilling

WASHINGTON, March 15 (Reuters) - The Obama administration said Tuesday it will not open up drilling on the southeastern Atlantic coast due to current oil market dynamics and strong local opposition.

UPDATE 1-Azeri central bank says frenzy on FX market averted, market adapts to manat float

BAKU, March 15 (Reuters) - Azerbaijan's central bank said on Tuesday its policies had successfully calmed the Azeri foreign exchange market and that investors and businesses are gradually adapting to the manat's floating exchange rate regime.

Gazprom says EU looking into possible gas supply abuse in Bulgaria

MOSCOW/BRUSSELS, March 15 (Reuters) - The European Commission is looking into allegations that Gazprom abused its dominant position in the Bulgarian wholesale gas market, the Russian gas producer said in a prospectus for a bond issue.

Germany Sparks Opportunity for US Exporters of Renewable Energy

With a GDP accounting for more than one-fifth of the European Union, and the fourth-largest economy in the world, Germany offers solid opportunities for U.S. exporters. As U.S. companies look to Germany as a base from which to build their European and worldwide strategies, this article highlights one of its most dynamic sectors, the growth of renewable energy.

UPDATE 1-South African nuclear regulator receives site applications from Eskom

CAPE TOWN, March 15 (Reuters) - South Africa's nuclear regulator said it has received two nuclear installation site license applications from power utility Eskom to build new reactors along the east coast and the west coast.

Russia's Evraz 2015 core earnings down 39 pct

MOSCOW, March 15 (Reuters) - Evraz, one of Russia's largest steel producers, said on Tuesday its core earnings fell 39 percent in 2015 due to lower prices for its products, partially offset by a weaker rouble.

South African nuclear regulator receives site applications from Eskom

CAPE TOWN, March 15 (Reuters) - South Africa's nuclear regulator said it has received two nuclear installation site license applications from power utility Eskom to build new installations along the east coast and the west coast.

Antofagasta to keep 35 pct dividend payout despite copper weakness

LONDON, March 15 (Reuters) - Chilean copper miner Antofagasta will continue cash payouts to investors of at least 35 percent of earnings this year despite an expected weak copper price, its chief executive said on Tuesday.

UPDATE 1-CEZ expects net profit to drop 35 percent this year

PRAGUE, March 15 (Reuters) - Czech electricity producer CEZ expects its net profit to drop by 35 percent this year to 18 billion crowns ($739 million), mainly due to lower market prices and rising write-offs, the company said on Tuesday.

Cairn Energy raises resource estimate at Senegal oilfield

March 15 (Reuters) - Cairn Energy Plc said on Tuesday it had added 20 percent to its resource estimate for its oilfield off the coast of Senegal.

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