Energy Update

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* Renzi defends action, says focused on job creation (Adds Renzi quote)

ST PETERSBURG/VIENNA, April 1 (Reuters) - Russian oil major Gazprom on Friday signed cooperation deals with Austrian energy group OMV as it tries to secure more lobbying power for its project to expand the Europe-bound undersea gas pipeline, Nord Stream.

LONDON, April 1 (Reuters) - Cheap natural gas has slashed coal traffic across the U.S.

Community solar has hit a tipping point. It has become a major focus of the renewable energy sector and the subject of multiple reports and conferences where it is emerging as a highly flexible and customizable way to bring solar to a broad range of utilities and customers.

* VDMA sceptical about reindustrialisation of US economy (Adds forecast, details on investments, U.S. reindustrialisation, competition)

* Report links oil companies to corrupt practices (Adds Unaoil comment)

April 1 (Reuters) - Appaloosa LP disclosed a higher stake in TerraForm Power Inc, one of the two publicly listed units of troubled solar energy company SunEdison Inc, as the hedge fund pushes for an overhaul of TerraForm's conflicts committee.

LONDON, April 1 (Reuters) - One of the most popular plays in the oil market could be stymied should Britain vote to leave the European Union in June, which would force South Korea, a major buyer of North Sea oil, to rejig a long-standing trade agreement for crude imports.

LIBREVILLE, April 1 (Reuters) - Nine parliamentarians from Gabon's ruling party said on Friday they had resigned from the National Assembly, a move likely to further stoke political tensions in the oil-rich central African nation ahead of a presidential election due in August.

* Carbon market surplus estimated at 1.7 billion tonnes (Updates throughout with detail/comment)

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