Energy Update

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MOSCOW, March 1 (Reuters) - The government of Russia's Bashkortostan region is not planning for now to sell its stake in the oil firm Bashneft, TASS news agency cited the region's head Rustam Khamitov as saying.

OSLO, March 1 (Reuters) - Global oil prices appear to have bottomed out and are expected to rise through this year as investment cuts help to reduce a supply glut, a senior analyst at the International Energy Agency said on Tuesday.

ATHENS, March 1 (Reuters) - Greece will decide on whether to grant permits to Canada's Eldorado Gold for its Olympias mine project in northern Greece by the end of this month, its energy minister said on Tuesday, agreeing to a deadline requested by the company.

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.

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

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

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.

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

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.

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.

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