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Joy Global sales fall 25 percent

March 3 (Reuters) - Mining equipment maker Joy Global Inc , which gets more than half of its revenue from coal miners, reported a 25 percent fall in quarterly net sales as customers continued to cut spending amid a slump in commodity prices.

UPDATE 1-Two Italian hostages probably killed in Libya attack -Italy

ROME, March 3 (Reuters) - Two Italian civilians held hostages in Libya were probably killed in fighting in the western Libyan city of Sabratha, the Italian Foreign Ministry said on Thursday.

UPDATE 1-Exxaro may buy Anglo's South African iron ore, coal mines

JOHANNESBURG, March 3 (Reuters) - South African coal miner Exxaro Resources is considering buying assets from Anglo American , its chief executive said on Thursday.

Coal official in China probed for corruption

BEIJING, March 3 (Reuters) - The deputy general manager of Chinese coal conglomerate Kailuan Group is under investigation for "serious violations of discipline", the ruling Communist Party's watchdog said on Thursday.

UPDATE 1-Genel's 2015 loss widens to $1.16 bln after slashing oil field reserves

* Genel owed $423 million by KRG for oil exports (Updates throughout)

UPDATE 1-Aggreko shares jump on restructuring plan hopes

* First half 2016 profit to fall because of contract dates (Adds CEO comments, details)

South Africa's Exxaro FY profit falls 67 pct as coal prices hurt

JOHANNESBURG, March 3 (Reuters) - South African coal miner Exxaro Resources said on Thursday its full-year profit dropped by two-thirds due to a sharp fall in commodity prices.

There's more spring in the step of the steel industry in March, but can it last?

Ardent observers of the steel trade press might have concluded the month of March came in like a lion after reading the top headlines of Tuesday’s Platts SBB Global Briefing.

Crescent Dunes concentrating solar plant begins producing electricity

(Thu, 03 Mar 2016) Crescent Dunes Solar Energy, a 110 megawatt (MW) concentrating solar power (CSP) electricity plant, began full operation in February, according to its press release. Crescent Dunes uses an energy storage system that developers expect will be able to store enough thermal energy to generate electricity for up to 10 hours after sunset or on cloudy days when direct sunlight is unavailable.

Asia to see first gasoline squeeze in more than 15 years

SINGAPORE, March 3 (Reuters) - Cheap oil and strong car sales are driving demand growth for gasoline across Asia, threatening to open up the region's first shortage for the motor fuel in more than 15 years.

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