Energy Update

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BRATISLAVA, Feb 25 (Reuters) - Slovakia's economy ministry said on Thursday it had signed a memorandum of understanding for U.S. energy firm Theta Energy to potentially invest $600-800 million to modernise the Vojany power station in the east of the country.

SOFIA, Feb 25 (Reuters) - Bulgaria's anti-monopoly watchdog has launched an investigation into the country's only oil refinery and seven fuel retailers for possible cartel agreements to fix prices of petrol and diesel fuels, it said on Wednesday.

Feb 25 (Reuters) - Oil and gas producer Apache Corp cut its annual capital budget by nearly two-thirds and reported a quarterly loss smaller than analysts had expected as its costs fell.

LONDON, Feb 25 (Reuters) - The European Investment Bank has agreed to provide 500 million pounds ($699 million) to UK Power Networks to improve energy infrastructure in southern and eastern England, it said on Thursday.

Feb 25 (Reuters) - Apache Corp set a 2016 capital budget more than 60 percent lower than its 2015 expenditure and the oil and gas producer reported a bigger quarterly loss due to $5.9 billion in writedowns and impairment charges.

LONDON, Feb 25 (Reuters) - The Arctic is thawing even faster than lawmakers can formulate new rules to prevent the environmental threat of heavy fuel oil pollution from ships plying an increasingly popular trade route.

LONDON, Feb 25 (Reuters) - The Arctic is thawing even faster than lawmakers can formulate new rules to prevent the environmental threat of heavy fuel oil pollution from ships plying an increasingly popular trade route.

* Noble's stocks, bonds hit hard over the past year (Adds comments from investor call)

* Dynegy, Energy Capital JV to buy power plants worth $3.3 bln

ACCRA, Feb 25 (Reuters) - Ghana has added power generation capacity more quickly in the past year than at any time in its history but must act quickly to match demand growth and ensure sustainable power supply, President John Mahama told parliament on Thursday.

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