Energy Update

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Feb 15 (Reuters) - General Electric Co is exploring potential business opportunities in Iran and the chief executive of its oil and gas division visited the country recently, a company spokeswoman said.

* Scepticism of cuts but market wary of being wrong - analyst (Adds comment, updates prices)

CARACAS, Feb 15 (Reuters) - Venezuelan President Nicolas Maduro on Monday unexpectedly named a moderate business leader as the country's economy vice president, replacing a hard-line socialist who lasted only a month amid the OPEC nation's deepening economic crisis.

Feb 16 (Reuters) - Top oil officials from Saudi Arabia, Russia and several key OPEC members will meet on Tuesday for their highest-level discussion in months, a potentially pivotal sign that producers are at last preparing to tackle a devastating supply glut.

Joi Scientific has closed its Series A Round funding and raised more than $5m in the over-subscribed round.

* Miners up spending on technology despite falling capex budgets

* Fuel efficiency, population shrinkage mean less refining demand

Recent initiatives on Capitol Hill are showing both companies and consumers that there is added incentive to converting to solar and wind power by promoting more project construction and bringing down installation costs of these new projects.

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