Energy Update

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TORONTO, April 7 (Reuters) - Canada's main stock index fell on Thursday as lower oil prices weighed on energy stocks, while the heavyweight financials group also fell as global shares dipped and investor appetite for risk weakened.

LONDON, April 7 (Reuters) - The head of European oil trading at Royal Dutch Shell, Stany Schrans, will leave his position later this year to become an adviser to the company, industry sources told Reuters.

BAKU/MOSCOW, April 7 (Reuters) - Russia staked out its claim on Thursday to be the lead player in brokering a settlement to the conflict between Azerbaijan and Armenia, a role it hopes will enhance its clout in a region where it competes for influence with Washington.

LONDON, April 7 (Reuters) - China is pioneering a trans-continental rail service carrying cargo between the Far East and Western Europe with the aim of capturing some of the freight which currently moves by sea and air.

Sanjeev Gupta is convinced there’s still a profitable life ahead for Britain’s nearly bankrupt steel industry, and he’s planning to use biomass and tidal power to save it.

ABUJA, April 7 (Reuters) - Nigeria's President Muhammadu Buhari has received details of the long-awaited 2016 budget bill which he wanted to check before signing into law, his assistant said on Thursday, as lawmakers blamed delays on "sloppy" work by government officials.

LONDON, April 7 (Reuters) - Renewable energy generation capacity expanded by 8.3 percent last year to 1,985 gigawatts globally, the fastest annual rate on record, data from the International Renewable Energy Agency (IRENA) showed on Thursday.

ICE on Monday launched a new US coal futures contract for the Illinois Basin, which is making up a growing portion of the total US coal market, as Andrew Moore explains.

NEW DELHI, April 7 (Reuters) - India is expanding its network of fuel stations selling compressed natural gas (CNG) to encourage motorists in the national capital to switch to the cleaner, cheaper fuel and curb emissions.

* Kiir, Machar to form government of national unity (Adds president's spokesman comment)

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