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OPEC decision to keep output high pulls oil prices close to 2015 lows

* Group regularly breaches quote of 30 million barrels per day

Saudi-Iran rivalry sets scene for OPEC showdown over output

* Riyadh and Tehran on opposite sides of Middle East conflicts

Samsung Engineering to build two petrochemical plants in Malaysia

Samsung Engineering has received $882m contract from Malaysia’s Petronas Chemicals Group for construction of two petrochemical plants.

From Bangladesh flood map to the Bank of England, a "carbon bubble" is born

* City analyst found asset prices ignored risk of lower carbon use

As Power Generation Week Starts in Las Vegas, City Commits to 100 Percent Renewable Energy

Las Vegas – Dec. 7 marks the opening of Power Generation Week in the city of Las Vegas. Power Generation Week is a series of energy conferences anchored by the behemoth Power Gen International (PGI) – the largest conference and expo for the traditional power generation industry.

RPT-Desperate Chinese steelmakers dump iron ore stocks

SHANGHAI/MANILA, Dec 4 (Reuters) - Cash-strapped Chinese steel mills are dumping iron ore stocks, selling at a loss to shore up cash flow in the latest sign of the sector's worsening crisis, steel mill and trader sources said.

UPDATE 1-Azerbaijan says 29 missing after oil platform fire feared dead

BAKU, Dec 6 (Reuters) - Azeri state energy company SOCAR said that 29 workers missing after its oil platform in the Caspian Sea caught fire on Friday were feared dead, and President Ilham Aliyev declared a day of national mourning.

Clinton aims to take U.S. relationship with Israel "next level"

WASHINGTON, Dec 6 (Reuters) - Democratic presidential candidate Hillary Clinton said Sunday she would take the relationship between the U.S.

Phase out fossil fuels to limit temperatures, a few CEOs say

PARIS, Dec 6 (Reuters) - Heads of companies including Unilever and Virgin Group urged a Paris summit on Sunday to get on track to limit temperature rises to the lowest possible level by setting a goal of phasing out fossil fuel use by 2050.

UPDATE 2-Egypt to appeal $1.76 bln award to Israel in gas dispute, freeze gas import talks

* Egyptian govt asks firms to freeze Israeli gas import talks (Adds prime minister comment)

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