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INSIGHT -Global glut threatens West African iron ore ambitions

PEPEL, Sierra Leone, May 14 (Reuters) - Red piles of iron ore and rusting railway wagons in the deserted stockyard at the port of Pepel bear silent witness to a crisis engulfing Sierra Leone's mining industry and threatening others across West Africa.

Iran was trying to settle legal dispute with ship -U.S. official

WASHINGTON, May 14 (Reuters) - Iran appeared to be trying to intercept a Singapore-flagged commercial ship on Thursday in order to settle a legal dispute, a U.S. official told Reuters, saying the Alpine Eternity reportedly hit an Iranian-owned oil platform in March.

UPDATE 1-BP names former UK MI6 spy chief as director

LONDON, May 14 (Reuters) - BP has appointed Britain's former MI6 spy chief and veteran diplomat John Sawers as a non-executive board member in a development highlighting long running links between the British establishment and the oil major.

Solar Market Suffering in Brazil

The Brazilian real has declined 17 percent since Oct. 31, when more than a gigawatt of solar farms won contracts in the country’s first-ever national solar auction and with the slumping currency driving up import prices, developers are holding off on signing supply deals for PV panels. Manufacturers that were considering setting up shop in Brazil are having second thoughts.

UPDATE 5-Oil prices fall back after jolt from Gulf tanker incident

* Headwinds in world's top economies weigh on outlook for demand

UPDATE 1-Algeria changes energy, finance, and interior- official

ALGIERS, May 14 (Reuters) - Algeria's President Abdelaziz Bouteflika on Thursday named new ministers for energy, finance and interior in a cabinet reshuffle, but kept Prime Minister Abdelmalek Sellal in his post, official press APS said.

Russia's woes to hit C.Asia, Caucasus economies in 2015 - EBRD

TBILISI, May 14 (Reuters) - Russia's economic contraction will curb the growth prospects this year for ex-Soviet republics in central Asia and the Caucasus, the European Bank for Reconstruction and Development (EBRD) said on Thursday.

UPDATE 1-Slovenia to keep at least 25 pct of NLB, Krka and Petrol

LJUBLJANA, May 14 (Reuters) - Slovenia will keep a stake of at least 25 percent in the country's biggest bank Nova Ljubljanska Banka (NLB), largest fuel retailer Petrol and drug firm Krka, the finance minister said.

Coast to Coast and Across Electric Systems, Microgrids Provide Benefits to All

At the most obvious level, microgrids could disrupt today’s utilities and their regulated-monopoly business model, because they challenge the centralized paradigm. In a nutshell, microgrids are localized power grids that have the ability to disconnect from the main, centralized grid to operate independently when the main power grid experiences disturbances. This significantly boosts grid resilience.

UPDATE 1-Saras to boost Rosneft ties with new trading business

* Plan for formal trading joint venture dropped after sanctions

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