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Pacific Rubiales shareholders launch proxy fight to stop Alfa deal

VANCOUVER, June 18 (Reuters) - Pacific Rubiales Energy's largest group of shareholders has begun a proxy fight to block the roughly C$2 billion ($1.6 billion) takeover of the Canadian oil producer by Alfa SAB de CV and Harbour Energy Ltd.

Nigeria's 72-year-old President Buhari improving with age - spokesman

LAGOS, June 18 (Reuters) - Nigeria's new 72-year-old president is improving with age, his spokesman said on Thursday, in response to reports that the leader had suggested it would limit what he could achieve during his tenure.

UPDATE 2-Russia examines Brussels' legal move to seize state assets

* Russian officials oppose any moves on state assets (Adds Siluanov, new Osborne quote)

UPDATE 2-Russia's Gazprom to expand Nord Stream gas pipeline with E.ON, Shell, OMV

ST PETERSBURG, Russia, June 18 (Reuters) - Russian gas giant Gazprom has agreed to build a new pipeline to Germany under the Baltic Sea with a trio of Western energy companies, bringing Europe closer into Moscow's energy orbit.

Four EU nations urge European Commission to set "challenging" 2025 car emissions goal

* Commissioner says standards to be "ambitious but achievable"

RPT-UPDATE 1-Emissions trading can undermine climate efforts-Pope

* Comments 'out of step' with many economists, analysts-IETA (Repeats to more subscribers with no changes to text)

Green energy targets drive renewables capacity to new high

LONDON, June 18 (Thomson Reuters Foundation) - Capacity to generate power from renewable sources, including solar, wind and hydro, hit a new high in 2014, driven by a rise in the number of countries with green energy goals, an international group of experts said on Thursday.

UPDATE 1-Activists, U.N. celebrate pope's call to arms on climate change

June 18 (Reuters) - Pope Francis' appeal to save the planet won enthusiastic praise from climate change activists, scientists and religious figures on Thursday as a moral imperative to governments to make 2015 a turning point in efforts to slow global warming.

UPDATE 2-Germany's Bilfinger warns again, lops off ailing Power unit

* CFO says there is interest from potential buyers of Power unit

UPDATE 1-Major investor in Dragon Oil says ENOC offer undervalues company

LONDON, June 18 (Reuters) - Asset management company Baillie Gifford, oil producer Dragon Oil's largest independent investor, said an increased takeover offer from majority owner Emirates National Oil Co (ENOC) "materially undervalued" the company.

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