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EU-China Solar Settlement Unravels — Are Sanctions Coming?

What started as some quiet rumblings earlier this week is quickly brewing into a major storm, with word that a landmark settlement between the EU and China a year ago to resolve an anti-dumping dispute over solar panels is quickly unraveling. In this case it’s probably more accurate to say the settlement was between the EU and actual Chinese solar

UPDATE 1-Puma Energy buys UK's Milford Haven refinery for storage

LONDON, March 13 (Reuters) - Puma Energy has bought the Milford Haven oil refinery in Wales and the other UK assets of Murphy Oil Corporation, Puma said in a statement on Friday, with plans to turn the Welsh site into a storage terminal.

Weak euro to help European companies, force U.S. rivals to adapt

LONDON, March 13 (Reuters) - The euro's slide towards parity with the dollar will provide a much-needed boost for European companies this year and force U.S. rivals to adapt their businesses or risk losing market share.

US STOCKS-Energy drags Wall St lower; S&P set to drop for third week

* Indexes down: Dow 1.1 pct, S&P 0.9 pct, Nasdaq 0.7 pct (Updates to mid-morning trading)

REFILE-Russian economy could shrink by 5.8 pct in 2015 in "risk scenario" - c.bank

MOSCOW, March 13 (Reuters) - The Russian economy could contract by up to 5.8 percent this year in a "risk scenario" based on oil prices averaging around $40-$45 per barrel, a central bank monetary policy document published on Friday said.

UPDATE 1-UN resumes Libyan consultations without recognised parliament

SKHIRAT, Morocco, March 13 (Reuters) - The United Nations opened a new round of consultations with Libyan politicians on Friday aimed at ending the country's crisis, but delegates from the internationally recognised parliament were absent.

EU proposes ending duty-free access for three China solar firms

BRUSSELS, March 13 (Reuters) - The European Commission has proposed denying three Chinese solar panel producers duty-free access to European markets because of alleged violations of its conditions, according to two sources familiar with the proposal.

UPDATE 7-Oil slips towards $56 as IEA predicts growing glut

* Talks could bring an end to sanctions on Iran (Updates prices)

Iran yet to receive $7.8 bln for oil sales - Press TV

DUBAI, March 13 (Reuters) - Iran has yet to receive $7.8 billion for crude oil sales made in recent months, government spokesman Mohammad Baqer Nobakht was quoted as saying, as Western sanctions keep Tehran shut out of the global banking system.

Governor of Russia's Sakhalin island charged with bribery

MOSCOW, March 13 (Reuters) - The governor of Russia's oil and natural gas-rich island of Sakhalin in the country's far east has been charged with large-scale bribery involving an energy company, investigators said on Friday.

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