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U.S. sues ValueAct over Halliburton-Baker Hughes deal disclosures

April 4 (Reuters) - The U.S. Department of Justice said it had sued activist investor ValueAct Capital for violating pre-merger notification requirements related to oilfield service provider Halliburton Co's deal to buy rival Baker Hughes Inc.

Russia chooses domestic investment banks to organise privatisation

MOSCOW, April 4 (Reuters) - Russia's Economy Ministry said on Monday it had chosen three domestic investment banks to organise the privatisation of large state companies this year.

UPDATE 2-TerraForm Global sues SunEdison, says misappropriated $231 mln

Wilmington, Del., April 4 (Reuters) - TerraForm Global Inc on Monday sued controlling shareholder SunEdison Inc for misappropriating $231 million of TerraForm Global's cash, days after hedge fund billionaire David Tepper made similar accusations against the struggling renewable energy company.

U.S. oil January demand drops by 1 percent year-on-year - EIA

April 4 (Reuters) - U.S. oil demand dropped in January from a year earlier, as demand for gasoline and distillates products weakened, according to data released on Monday by the U.S. Energy Information Administration.

EU struggles with clean-up costs of ageing nuclear plants

BRUSSELS, April 4 (Reuters) - European nations have set aside just over half of the 253 billion euros needed to dismantle old nuclear plants and manage waste, although the shortfall could shrink as the lifetime of some reactors is extended, EU regulators said on Monday.

UPDATE 2-Russian producer Lukoil's 2015 profit falls 26 pct on oil price plunge

* Lukoil wrote down some assets value following oil prices drop

RPT-UPDATE 1-France to launch third offshore wind tender

PARIS, April 4 (Reuters) - France plans to launch a tender to build turbines for the country's third offshore wind farm, Energy Minister Segolene Royal said in a statement on Monday.

Corps to spend US$1 million to repair Texas earthen-rolled dam

The U.S. Army Corps of Engineer’s Fort Worth District said it plans to spend about US$1 million to repair an earthen area of about 95 square feet that slid down the non-water side of Lake Grapevine Dam, an earthen-rolled dam in Grapevine, Texas.
 

Redflow’s New Energy Storage System for Residential Solar Comparable on Price

Australian battery storage house Redflow Limited has introduced a residential energy-storage unit designed to work with solar power to store off-peak power to be used for peak demand periods and support off-grid periods.

MIDEAST STOCKS-Most of Gulf gains despite weaker oil; Egypt recovers

DUBAI, April 4 (Reuters) - Investors in most Gulf stock markets shrugged off further losses in oil prices on Monday, while foreign buyers helped to lift Egypt's bourse.

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