Energy Update

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* Avance Gas says not giving up, but won't go into bidding war

MOSCOW, Dec 9 (Reuters) - Russia has dusted off plans for establishing a local futures market for Urals crude oil blend, renewing attempts to raise the profile of its benchmark export oil grade and narrow the discount to North Sea Brent which it trades at.

LONDON, Dec 9 (Reuters) - Shares in mining company Anglo American fell to another record low on Wednesday, with several brokers cutting their targets on the stock after the company's decision to suspend dividends and restructure its business.

* Singapore's bunker fuel falls below $200/mt 1st time since 2005

Dec 9 (Reuters) - Oil and gas explorer Ophir Energy Plc said it had signed heads of agreements to sell the offtake from its floating liquefied natural gas (LNG) project Fortuna to six buyers.

* China to cut export duties on some steel, chemical products

Dec 9 (Reuters) - Oil and gas explorer Ophir Energy Plc said it had signed heads of agreements to sell the offtake from its floating liquefied natural gas project Fortuna to six buyers.

HELSINKI, Dec 9 (Reuters) - Finnish oil refiner Neste said on Wednesday a technical problem at its Porvoo refinery had lowered the unit's utilization rate to about 70 percent, resulting in production losses worth several tens of millions of euros.

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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