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KHOBAR, Saudi Arabia/MOSCOW, April 13 (Reuters) - Lukoil will likely pull out from Saudi Arabia where the economics of its search for gas have been crushed by the collapse of the oil price, three industry sources said.

LONDON, April 13 (Reuters) - Angola's sovereign wealth fund said on Monday it was allocating $1.4 billion to five new vehicles that will invest in sectors such as mining, timber, agriculture and healthcare within the country and elsewhere in Africa.

AMSTERDAM, April 13 (Reuters) - Lithuania is considering allowing its liquefied natural gas import terminal to re-export LNG to global markets during summer when local demand declines, the facility's operator said on Monday.

BEIJING, April 13 (Reuters) - The former head of CNPC, China's top energy group, on Monday admitted his guilt and asked for leniency at the opening of his trial on charges of bribery and abuse of power, the latest in a string of top officials caught in an anti-graft campaign.

The nature, shape and form of an emerging 21st century model for U.S. electric utilities is now on display outside the town of Lancaster, Texas. It's there, in a comparatively remote area of southwestern Dallas County that Texas electric utility Oncor and smart grid specialists S&C Electric and Schneider Electric have assembled a “proof of concept” version of what they contend is “one of the most advanced microgrids in North America.

KATHMANDU, April 13 (Reuters) - Nepal's investment board on Monday cleared China's Three Gorges International Corp to build a long-delayed $1.6 billion new hydropower project, the single biggest foreign investment in the Himalayan country.

MOSCOW, April 13 (Reuters) - Russia's Defence Ministry will be ready to swiftly deliver the S-300 missile system to Iran if it gets the green light to do so, Interfax news agency quoted an official at the ministry as saying on Monday.

When NYSERDA announced on March 26 that they were withdrawing their >200-kW Megawatt Block program from launch for significant revision, we confess that we were optimistic.  Reportedly, April 7 would reveal a radically revised program.  Perhaps they read our blog!  Maybe they would listen to the many hard-working policy stakeholders, and replace th

* Eni still plans to cut stake in Saipem (Recasts lead, adds source, shares, detail)

BARCELONA, April 13 (Reuters) - French Foreign Minister Laurent Fabius said on Monday he was concerned by ceasefire violations and insufficient political progress in Ukraine.

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