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* Oil faces downside risk if Nigerian, other outages
resolved

CALGARY, Alberta, June 22 (Reuters) - Alejandro Rodriguez
wants to be a sommelier. His previous experience: 20 years as an
oil reservoir engineer.

* Australia, U.S. vie for global natural gas, condensate
consumers

NEW DELHI, June 22 (Reuters) - Indian state-owned iron ore
miner NMDC Ltd may borrow funds for the first time in
more than two decades next fiscal year to cover a potential cash
shortage caused by a government-mandated share buyback, two
company sources said last week.

LAGOS, June 22 (Reuters) - Two Africa-focused funds have
created a new energy joint venture capable of generating 1,575
megawatts (MW) of electricity in at least 10 countries by
merging assets totalling $3.3 billion.

AMSTERDAM, June 22 (Reuters) - A Dutch advisory body has
advised the government to make additional cuts to production at
the Groningen gas field to reduce the risk of earthquakes in the
northern province, local media reported on Wednesday.

AMSTERDAM, June 22 (Reuters) - The Netherlands' National
Mines Inspectorate has advised the government to cut production
at the country's large Groningen gas field this autumn, local
media reported on Wednesday.

* Itochu to invest with CITIC as resource prices stabilize
-Itochu spokesman

* Those being laid off will have the right to be rehired

(Adds quotes, wage details)

CALGARY, Alberta, June 22 (Reuters) - Alejandro Rodriguez
wants to be a sommelier. His previous experience: 20 years as an
oil reservoir engineer.

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