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UPDATE 2-Shell's BG bid dealt blow with first shareholder dissent

* Shell confident deal will win support in Jan. 27 vote (Recasts with Standard Life, updates shares)

U.S. oil drillers cut rigs for seventh week in eight - Baker Hughes

Jan 8 (Reuters) - U.S. energy firms this week cut oil rigs for a seventh week in eight, data showed on Friday, increasing the rate of declines as crude prices tumbled to near 12-year lows after one of the worst years in almost 30 years for the rig market. Drillers removed 20 oil rigs in the week ended Jan. 8, bringing the total rig count down to 516, the least since April 2010, oil services company Baker Hughes Inc said in its closely followed report.

Finland's Fortum bids $115 mln for Polish utility

HELSINKI, Jan 8 (Reuters) - Finnish state-controlled utility Fortum said on Friday it has launched a public tender offer worth up to 106 million euro ($115 million) for Polish electricity and gas seller Duon.

Major Shell shareholder Standard Life to vote against BG deal

LONDON, Jan 8 (Reuters) - Standard Life Investments, a major shareholder in Royal Dutch Shell, said on Friday it will vote against the Anglo-Dutch's oil company's proposed $49 billion acquisition of BG Group.

Volkswagen withholding internal emails in probe by U.S. states -source

Jan 8 (Reuters) - Volkswagen AG is withholding internal emails from a group of U.S. state attorneys general investigating the German automaker's use of illegal diesel emissions software, a source briefed on the matter said Friday.

Venezuela's new economy czar says stop alarmism over crisis

CARACAS, Jan 8 (Reuters) - Venezuela's new economic vice president on Friday urged an end to what he termed alarmism over the OPEC country's finances and said it had enough experience to emerge from its current crisis.

COLUMN-Fear makes oil options increasingly expensive: Kemp

LONDON, Jan 8 (Reuters) - The price of oil options is soaring amid increasing uncertainty about the outlook for prices and indicating a mismatch between strong demand from hedge funds and caution among option sellers.

Commercializing Standalone Thermal Energy Storage

Two innovators in highly efficient thermal energy storage materials believe that thermal storage could work as a standalone storage play, not just as part of a more familiar Concentrated Solar Power (CSP) project designed for electricity generation.

National Lab, Partner Jointly Set New Solar Cell Efficiency Record

Scientists NREL said they have jointly set a new record for converting non-concentrated sunlight into electricity using a dual-junction III-V/Si solar cell.

EU Solar-Panel Industry Loses Bid to Revamp China Price Pact

European Union solar-panel makers lost a bid to exclude Chinese prices in a benchmark that underpins an agreement to curb imports from China, a blow to producers such as Solarworld AG concerned about a possible downward price spiral in Europe.

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