Energy Update

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LONDON, March 12 (Reuters) - Short interest in shares of European utilities has risen in past weeks, as investors become bearish on the stocks because of poor earnings outlooks and pressure on their dividend payouts.

OSLO, March 13 (Reuters) - Norway's $860 billion sovereign wealth fund was weighed down by poorly performing European investments in 2014 and will increase real estate holdings and again sell European bonds this year, it said on Friday.

Community solar is on the move. Just a few weeks ago, Minnesota’s Xcel Energy opened up a solicitation for new community solar projects. Expecting approximately 100 megawatts to be proposed, it received more than four times that amount.

PRAGUE, March 13 (Reuters) - New or extended European Union sanctions against Russia would not help the ceasefire in eastern Ukraine, Slovak Prime Minister Robert Fico said on Friday, though he added he would not go against the bloc's consensus.

STRBSKE PLESO, Slovakia, March 13 (Reuters) - The European Union has yet to receive confirmation that Ukraine and Russia will meet on March 20 to discuss gas supplies, the bloc's Energy Commissioner Maros Sefcovic said on Friday.

SINGAPORE/MUMBAI, March 13 (Reuters) - State Bank of India is preparing to turn down a $1 billion loan request from Adani Enterprises intended for a $7 billion coal project in Australia, scrapping a preliminary deal signed last year, sources with direct knowledge of the move said.

CARACAS/HOUSTON, March 13 (Reuters) - A subtle change in office attire may be the most telling symbol of a quiet revolution taking place inside Venezuela's troubled economic engine, giant oil firm PDVSA.

BRUSSELS, March 13 (Reuters) - The European Union's 28 governments have not reached an agreement on renewing economic sanctions on Russia that expire in July, a senior EU official said on Friday.

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