Venezuelan state buys power firm
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The Venezuelan state buys the country's leading private power firm as its public ownership drive continues.
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Iberdrola agreed to buy ScottishPower for $22.5 billion in a move that would create one of EuropeÂs largest utilities.
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China and Venezuela sign a deal which will open the South American country's vast oil resources to Chinese investment.
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Scottish Power has accepted a takeover bid worth 11.6 billion pounds by Spain's second-biggest power company Iberdrola, a move which is set to create Europe's third biggest utility group.
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Russia has signed a deal to sell 98  Ilyushin civilian aircraft to Venezuela, Russian newspapers  reported on Friday.
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Dynegy agreed to buy the LS Power GroupÂs electricity plants in a deal made four years after the company was pushed close to bankruptcy.
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MADRID/LONDON  - Spain's Iberdrola  is to buy Scottish Power  for an agreed 11.6 billion pounds ($22.5 billion) in cash and shares to create Europe's third-biggest utility and a world leader in renewable energy.
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By Tom Breen  A Virginia energy giant has bought a 50 percent stake in a Grant County wind turbine project that is the subject of a case before the state Supreme Court.
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Bolivia takes full control of two oil refineries from Brazil's state-owned energy company after a compensation deal.
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OAO Rosneft, Russia&#39;s state-owned oil company, bought the winning bidder for the confiscated unit of OAO Yukos Oil Co., Russia&#39;s largest petroleum exporter, Interfax reported, citing an unnamed Rosneft official.
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Bulgaria's government on Thursday approved a deal in which Czech energy provider CEZ a.s. acquired 67% stakes in the power distribution companies in Sofia City, Sofia District and Pleven for EUR281.5 million.
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Venezuelan President Hugo Chavez bolstered his cooperation with Cuba on Saturday by signing energy, farming and finance accords, including a deal to expand of one of his socialist ally's oil refineries.
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Venezuela has agreed to sell gasoline to Iran, the South American county's energy minister said in comments published Tuesday, a week after the Islamic country imposed a fuel rationing program that has sparked violence.
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Iberdrola plans to buy the regional utility owner Energy East Corporation for $4.5 billion in cash.
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Venezuelan President Hugo Chavez  bolstered his cooperation with Cuba on Saturday by signing  energy, farming and finance accords, including a deal to expand  of one of his socialist ally's oil refineries.
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British group Scottish Power has accepted a takeover bid worth 11.6 billion pounds (17.15 billion euros, 22.55 billion dollars) from Spain's second-biggest power company Iberdrola, a move that is set to create Europe's third biggest utility group.
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Russian state-owned oil company Rosneft has bought the mysterious buyer of Yukos&#39; most important production unit, Russian news agencies reported late Wednesday, in a deal that appeared to move the unit one step closer to ownership by state-controlled gas