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UPDATE 2-China agrees $2-bln infrastructure deal with Equatorial Guinea

BEIJING, April 29 (Reuters) - China's biggest lender by assets, Industrial and Commercial Bank of China , said on Wednesday it had signed an infrastructure pact worth $2 billion with the oil-rich west African nation of Equatorial Guinea.

Poland's JSW to reduce staff numbers and production costs

WARSAW, April 29 (Reuters) - Poland's JSW, the European Union's biggest coking coal producer, plans to reduce staff numbers and production costs to bolster its finances, its new chief executive said on Wednesday.

Russian energy firms protest to Putin over equipment law -paper

MOSCOW, April 29 (Reuters) - Russia's leading oil and gas companies have sent a letter to President Vladimir Putin protesting against a proposed law that aims to increase use of domestic equipment to offset the impact of Western sanctions, the Kommersant daily said on Wednesday.

Solar Power Shining Bright in Cambodia

Walking through the frenetic streets of Phnom Penh, Cambodia's capital city, it's not out of the ordinary to see large swaths of electrical grids suddenly shut down, the power supply overextended.

UPDATE 2-Refocused Iberdrola lifts profit and prospects

MADRID, April 29 (Reuters) - Iberdrola beat analysts' forecasts with an 8.8 percent rise in first-quarter core profit as the Spanish utility's international network and renewable energy businesses offset weakness in its home market.

New World Bank Report: Chinese Clean-tech SMEs Embrace Opportunities

The World Bank indicated in its new report "Building Competitive Green Industries: The Climate and Clean Technology Opportunity for Developing Countries" that small and medium-sized enterprises (SMEs) in developing countries are set to undergo significant growth and create more jobs in the field of clean technology.

UPDATE 2-Gazprom net income plunges 86 pct on oil price drop, rouble

MOSCOW, April 29 (Reuters) - Russian natural gas and oil producer Gazprom suffered an 86 percent fall in net income in 2014 because of the rouble's weakness, the fall in global oil prices and a dispute with Ukraine.

UPDATE 2-Maersk says crew of vessel seized by Iran are safe

COPENHAGEN, April 29 (Reuters) - Danish shipping company Maersk said on Wednesday the crew of the Maersk Tigris container ship were safe and "in good spirits" after Iranian authorities seized the ship in the Strait of Hormuz the previous day.

UPDATE 1-Subsea 7 defies oil sector gloom with strong results

OSLO, April 29 (Reuters) - Oil services firm Subsea 7 reported surprisingly strong earnings and orders on Wednesday, sending its shares up more than seven percent despite warnings about persistent weakness in offshore business.

Maersk says crew of vessel seized by Iran safe

COPENHAGEN, April 29 (Reuters) - Danish shipping company Maersk said on Wednesday the crew of the Maersk Tigris container ship were safe and "in good spirits" after Iranian authorities seized the ship in international waters the previous day.

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