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BP sees TANAP gas pipeline project deal within two months

TBILISI, March 25 (Reuters) - British oil major BP expects to sign a deal with the Trans-Anatolian Natural Gas Pipeline (TANAP) project within two months to become a stakeholder in the multi-billion dollar project that aims to reduce Europe's reliance on Russian gas.

UPDATE 2-Japan's Sumitomo warns of first annual loss in 16 years

* To cut resource investment to 10 pct of spending from 40 pct (Adds details of investment plan, President quotes)

UPDATE 1-Yingli posts bigger-than-expected loss, strong yuan weighs

March 25 (Reuters) - Chinese solar panel maker Yingli Green Energy Holding Co Ltd reported a bigger-than-expected quarterly loss, reflecting a drop in selling prices and the yuan's strength against the yen and euro.

UPDATE 1-Yingli posts bigger-than-expected loss, strong yuan weighs

March 25 (Reuters) - Chinese solar panel maker Yingli Green Energy Holding Co Ltd reported a bigger-than-expected quarterly loss, reflecting a drop in selling prices and the yuan's strength against the yen and euro.

Russia's Sakhalin region gets new governor after graft scandal

MOSCOW, March 25 (Reuters) - President Vladimir Putin appointed Oleg Kozhemyako, a governor of one of Russia's Far East regions, as the new head of Russia's remote Sakhalin region after his predecessor was charged with bribery, the Kremlin said on its website on Wednesday.

EU wants to revive gas pipeline project from Turkmenistan

ASHGABAT, March 25 (Reuters) - The European Union is seeking to revive a gas pipeline project from Turkmenistan to Europe and involve European energy companies, an EU diplomat in Turkmenistan said.

BioLineRX stem cell leukaemia drug meets goals in early trial

JERUSALEM, March 25 (Reuters) - Israeli biopharmaceutical company BioLineRX Ltd said on Wednesday an early stage trial for a drug that uses stem cells to treat leukaemia and other blood cancers met all safety and efficacy goals.

SunEdison Recruits Imergy Flow Batteries for Microgrid Rural Electrification Initiative

Earlier this year, SunEdison announced a goal to bring power to 20 million people in rural India by 2020. To forward this mission, it announced today that it will use more than 1,000 flow batteries from Imergy Power Systems for its solar-powered minigrid projects.

Middle East Turns to Biofuels Amid Rocky Oil Prices and Environmental Awareness

Consumers worldwide are witness to the fluctuations in the fuel prices recently and the Middle East is no exception. Why do fuel prices rise and fall so frequently in a region with such huge oil reserves? In the long term, the greatest single factor influencing fuel prices is the cost of crude oil. However, supply, demand and competition can have a significant impact on fuel prices in the short-term.

LyondellBasell to ramp up tri-ethylene glycol production with new unit in Texas

Chemical company LyondellBasell is planning to expand tri-ethylene glycol (TEG) production capacity at its existing Bayport Underwood plant in Pasadena, Texas, with a new unit.

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