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RPT-UPDATE 2-E.ON boss says determined to spin off power plants

* E.ON keeps open option to take legal action (Adds details on government role)

World War Two bomb found at BASF plant in Germany

FRANKFURT, Aug 21 (Reuters) - German chemicals firm BASF said on Friday that a World War Two bomb was found at its plant in Ludwigshafen and would be defused next month.

Indonesia gives tin miner PT Timah green light to resume exports

JAKARTA, Aug 21 (Reuters) - Indonesia's PT Timah, the country's top tin miner, has been granted government clearance to resume exports and will look to make its first shipment by early September, company and government officials said on Friday.

ADB approves $1 bln loan for Kazakhstan's slowing economy

ALMATY, Aug 21 (Reuters) - The Asian Development Bank approved on Friday a $1 billion loan for Kazakhstan to help stabilise its economy hit by low world oil prices.

UPDATE 2-Four new fires at China blast site, widespread safety hazards found

* Inspectors find safety hazards at 70 pct of Beijing chemical firms

UPDATE 1-Malaysia's 1MDB says confident of sealing sale of power assets by Q4

* 1MDB says has shortlisted local and foreign strategic investors

UPDATE 1-Dutch storage company Vopak shares dive on outlook concerns

AMSTERDAM, Aug 21 (Reuters) - Shares in Vopak, the Dutch oil and chemicals storage company, tumbled on Friday after it said it did not expect Asian markets to improve and that its core earnings were likely to be lower in the second half of the year.

Malaysia's 1MDB says confident of sealing sale of power assets by Q4

KUALA LUMPUR, Aug 21 (Reuters) - Malaysia's debt-laden state fund 1Malaysia Development Bhd (1MDB) said on Friday it is confident that a deal can be sealed on the sale of its power assets by the fourth quarter of this year.

Q2 oil results show strength of US 'super-shale' for the price of a slice

If the round of second-quarter upstream conference calls showed anything, it was that operators have been humdingers in recent months, says Starr Spencer.

Major fossil fuel-producing states rely heavily on severance taxes

(Fri, 21 Aug 2015) Several states that produce large amounts of fossil fuels rely heavily on severance tax revenue?taxes based on the volume and/or value of oil, natural gas, coal, and other natural resources. On average, severance taxes accounted for less than 2% of state tax collections in 2014, but in three states?Alaska, North Dakota, and Wyoming?severance taxes provided a much larger share of total state tax revenue in that year.

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