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Azeri state oil fund's assets dropped 9.5 pct in 2015 to $33.6 bln

TBILISI, March 1 (Reuters) - Azeri state oil fund SOFAZ's assets dropped by 9.5 percent year-on-year in 2015 to $33.57 billion, the fund said on Tuesday.

INSIGHT-Elections gains unlikely to shift Iran power balance fast

* Gains by pro-Rouhani camp are big blow to anti-Western hawks

GLOBAL MARKETS-Shares gain, euro sags as weak data piles pressure on ECB

* Downbeat PMI surveys raise hopes of more steps from Beijing, ECB

Anadarko says to monetize up to $3 bln of assets in 2016

March 1 (Reuters) - Anadarko Petroleum Corp said it plans to monetize up to $3 billion of assets this year amid a slump in crude oil prices.

UPDATE 2-South Africa's Eskom says low tariff increase could hurt operations

* Analyst sees risk of power cuts later this year (Adds Eskom CEO, analyst, impact on GDP, details)

Turkey closes media outlets seized from Gulen-linked owner

ISTANBUL, March 1 (Reuters) - Turkish authorities have shut down media businesses seized last year from Koza Ipek Holding, a conglomerate linked to a U.S.-based preacher accused of plotting against President Tayyip Erdogan, according to an exchange filing.

Frontline says resolving Iran oil shipping insurance issues still months away

OSLO, March 1 (Reuters) - Frontline, one of the world's largest independent tanker firms, says securing insurance for cargoes carrying oil from Iran is likely to take another two to three months, potentially limiting Iran's ability to quickly ramp up oil exports.

Scotiabank posts higher quarterly profit

March 1 (Reuters) - Bank of Nova Scotia, Canada's third-largest bank, reported a 5.1 percent rise in quarterly profit, helped by growth in its international banking business.

Analysis: Australian wheat exports still challenging

Australian wheat exporters have, on paper, still been losing money this harvest in spite of a welcomed reform to the allocation system for shipping slots implemented last year, according to spot transaction data collected by Platts.

UPDATE 1-Malaysia's Petronas to cut about 1,000 positions after strategic review

* Co announces executive reshuffle; to take effect from Apr 1

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