Energy Update

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PRAGUE, Dec 9 (Reuters) - Talks on state aid for coal miner New World Resources(NWR) were cancelled on Wednesday, the company and a union chief said, as the loss-making company seeks assistance to help it survive a slump in prices.

Dec 9 (Reuters) - U.S. auto parts retailer Pep Boys - Manny, Moe & Jack said it planned to terminate its deal with Bridgestone Corp after its board determined that Carl Icahn's offer was a "superior proposal".

BAKU, Dec 9 (Reuters) - Azerbaijan on Wednesday released Leyla Yunus, a leading rights activist in the former Soviet republic, whose imprisonment was decried by critics as politically motivated.

ATHENS, Dec 8 (Reuters) - Greece, Egypt and Cyprus agreed on Wednesday to speed up talks to demarcate sea boundaries in the Eastern Mediterranean as part of efforts to turn the region into an offshore natural gas hub.

Dec 9 (Reuters) - Diversified U.S. miner and energy producer Freeport-McMoRan Inc said it had suspended its annual dividend of 20 cents per share to save cash amid a slump in commodity prices.

SARAJEVO, Dec 9 (Reuters) - Power exchanges in Serbia and Croatia have delayed the launch of their day-ahead power markets until early 2016 to give participants more time to prepare and iron out administrative details, they said on Wednesday.

LONDON, Dec 9 (Reuters) - "All political lives, unless they are cut off in midstream at a happy juncture, end in failure, because that is the nature of politics and of human affairs," wrote British politician Enoch Powell.

LAUNCESTON, Australia, Dec 9 (Reuters) - - It's tempting to view the growth in China's crude oil imports this year as mainly a result of increased strategic stockpiling, but that overlooks the rising importance of refined product exports.

LOS ANGELES, Dec 9 (Reuters) - Solar power companies have an image problem - and they are beginning to do something about it.

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