Energy Update

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PARIS, Sept 12 (Reuters) - South Korean power utility Kepco
in talks with Japan's Toshiba and France's Engie
about buying a stake in the Toshiba-Engie British nuclear joint
venture NuGen, a source familiar with the situation told Reuters
on Monday.

LONDON, Sept 12 (Reuters) - Hedge funds tempered their
bullishness towards the entire petroleum complex during the
first week of September, according to positioning data from
regulators and exchanges.

Sept 12 (Reuters) - Solar panel installer SolarCity Corp
, which is being bought by Tesla Motors Inc for
$2.6 billion, said on Monday it had raised $305 million to fund
its projects.

* Flotation comes ahead of listing of RWE's Innogy

(Recasts, adds analyst comment, details on volume)

ROME, Sept 12 (Reuters) - Italy will set up a military
hospital and deploy 300 doctors, nurses and soldiers in Libya at
the request of the United Nations-recognised government in
Tripoli, a government source said on Monday.

Sept 12 (Reuters) - Canada's Agrium Inc and Potash
Corp of Saskatchewan Inc said they would combine, a
deal that would create a fertilizer and farm retailing giant
with proforma enterprise value of $36 billion but also trigger
U.S. regulatory scrutiny.

SPRING, Texas, Sept 12 (Reuters) - Elizabeth Huber lost her
job inspecting oilfield pipes nearly 20 months ago and her
prospects remain bleak even as oil executives cautiously plot
production and budget increases.

LONDON, Sept 12 (Reuters) - State-controlled South Korean
electric power utility KEPCO is closing in on
investing in a 10 billion-pound ($13 billion) project in Britain
to construct a new nuclear power plant near Sellafield,
northwest England, the Financial Times said on Monday, citing
sources close to the negotiations.

PARIS, Sept 12 (Reuters) - French CGT trade union port
workers will join a nationwide strike against French labour
reforms on Sept. 15, the union said on Monday, a move that could
disrupt oil, grains and other commodities shipment at French
ports.

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