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Iran expects economic growth above 5 pct in 2016

DUBAI, March 5 (Reuters) - Iran expects economic growth of more than 5 percent in 2016 after the lifting of sanctions on the country, state television quoted the central bank governor on Saturday as saying.

Iran oil and gas condensate exports to reach 2m bpd by end March - Shana

DUBAI, March 5 (Reuters) - Iran's oil and gas condensate exports would reach 2 million barrels per day by the end of March, director of international affairs at National Iranian Oil Co (NIOC) was quoted as saying by the oil ministry's news agency SHANA on Saturday.

Moody's cuts outlooks for four Gulf states, lowers Bahrain to junk

DUBAI, March 5 (Reuters) - Moody's Investors Service has cut its outlook for the debt ratings of Saudi Arabia and three other Gulf states while lowering Bahrain's rating to junk, citing concern over the impact of low oil prices on their finances.

UPDATE 1-China sets cap for energy consumption for first time

* China to keep 2020 energy consumption to 5 bln T standard coal

China sets cap for energy consumption for first time

BEIJING, March 5 (Reuters) - China aims to keep energy consumption within 5 billion tonnes of standard coal equivalent by 2020, it said in its latest five-year plan published on Saturday, marking the first time the world's second-biggest economy has set such a target.

China says to control expansion of coal output and coal-fired power

BEIJING, March 5 (Reuters) - China will limit coal production and coal-fired power generation capacity this year, and keep total energy consumption under control, the country's top economic planner said in a work report at the opening of the annual meeting of parliament.

China to resolve industrial overcapacity, focus on coal, steel -Li

BEIJING, March 5 (Reuters) - China will resolve overcapacity in industry, with a focus on the steel and coal sectors, and appropriately deal with "zombie" companies this year, Premier Li Keqiang said in remarks prepared for delivery at the opening of the annual meeting of parliament.

UPDATE 1-Brazil says onshore assets for sale produce under 2 pct of output

RIO DE JANEIRO, March 4 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said on Friday it plans to sell its rights to 104 onshore oil and gas concessions, part of efforts to raise cash and focus increasingly scarce capital on more profitable offshore assets.

IMF's Lagarde eyes subsidies, simple things to tackle climate change

CAMBRIDGE, Mass., March 4 (Reuters) - Turning the tide on global warming should be tackled by big and small steps that range from cutting subsidies to riding bicycles, International Monetary Fund managing director Christine Lagarde said on Friday.

UPDATE 1-U.S. bankruptcy court weighs 'white-hot' energy pipeline dispute

WILMINGTON, Del, March 4 (Reuters) - Small U.S.

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