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LONDON/CAIRO, March 6 (Reuters) - British oil company BP expects to invest around $12 billion with its partners as part of a finalised West Nile Delta concession deal to develop 5 trillion cubic feet of gas resources and 55 million barrels of condensates.

BEIJING, March 6 (Reuters) - China will reduce coal consumption and boost energy efficiency as part of efforts to lessen air pollution, according to an action plan released by the government on Friday.

OSLO, March 6 (Reuters) - Norwegian energy firm Statoil postponed two of its biggest offshore developments on Friday as low oil prices spur cost cuts, it said.

March 6 (Reuters) - APR Energy Plc said its net income for 2014 would be significantly below market expectations due to likely provisions to compensate for losses as it pulls out of Libya, sending its shares down as much as 25 percent.

(Fri, 06 Mar 2015) As the 12th-largest nation in the world, the Philippines has a population of more than 100 million people spread over 7,000 islands, presenting several electricity infrastructure challenges. Currently, the country is facing concerns over resource adequacy in its power sector, as the nation is challenged to add supply quickly enough to keep up with growing demand.

(Fri, 06 Mar 2015) The U.S. Energy Information Administration released new data today showing national and regional monthly biodiesel production for August through December 2014. In addition to biodiesel production, data included producer sales, producer stocks, and feedstock inputs.

The renewable energy market has been slowly strengthening ties with energy storage, and it now seems to be tying a secure knot. Wind and solar developer SunEdison announced today that it bought the energy storage team, projects and 100-MW pipeline of Pennsylvania-based Solar Grid Storage (SGS).

Global utility-scale PV added 14.2 GW in 2014 doubling 2013 totals and bringing total global generating capacity to 35.9 GW in 2014, according to figured released by Wiki-Solar. The 2014 additions equate to the entire installed capacity at the end of 2012, demonstrating recent massive growth.

New entrants to Japan’s solar power market are being told they may be unable to sell all the power to Japan’s utilities that their projects can produce.

In recent months, a veritable open patent war has erupted between Tesla Motors and Toyota. Both companies have been widely cited in the industry and financial press for their respective announcements opening up their electric vehicle (Tesla) and fuel cell (Toyota) patents. Tesla CEO Elon Musk opened the first salvo with a blog post last June in which he announced that Tesla would “not initiate patent lawsuits against anyone who, in good faith, wants to use our technology.”

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