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The US' Jones Act gets a new fight and a new argument

Brian Scheid on how a nearly century-old US shipping law that has broad, bipartisan support in Congress faces a new opposition effort aimed at lessening costs to East Coast refiners.

Australia's Gorgon, one of the world's largest LNG terminals, ships first cargo

(Thu, 31 Mar 2016) Australia's Gorgon project, one of the largest liquefied natural gas (LNG) projects in the world, shipped its first cargo last week to Japan. Located on Barrow Island off the coast of northwestern Australia, the project includes a domestic natural gas plant, a carbon dioxide injection project, and an LNG export facility. Its three liquefaction units, also known as trains, have a combined capacity of 2.1 billion cubic feet per day (Bcf/d).

Eletrobras posts Q4 loss of $2.85 bln on impairments, provisions

SAO PAULO, March 30 (Reuters) - Brazil's state-run Eletrobras, Latin America's largest electricity utility, posted on Wednesday a net loss of 10.438 billion reais ($2.85 billion) for the fourth quarter, due to impairments and provisions for potential legal liabilities.

UPDATE 1-Oil falls as US crude stocks hit record for 7th successive week

SINGAPORE, March 31 (Reuters) - Oil futures fell in Asian trade on Thursday amid renewed worries of global oversupply after official data showed U.S.

REFILE-Oil prices fall as U.S. crude stocks hit record for 7th successive week

SINGAPORE, March 31 (Reuters) - Oil futures fell in early Asian trade on Thursday amid renewed worries of global oversupply after official data showed U.S. crude inventories rose last week to a record for the seventh time in a row.

Australia's Duet to raise $153 mln to pay for Alcoa pipeline stake

SYDNEY, March 31 (Reuters) - Energy infrastructure owner Duet Group launched a A$200 million ($153 million) capital raising on Thursday to finance the purchase of the remaining 20 percent of the Western Australian state gas transmission line it does not already own from Alcoa Inc's Australian arm.

Asia's record LPG shortfall to attract increasing U.S. exports

* U.S. 2016 exports to Asia to rise to fresh record at 300,000 bpd - JBC Energy

Westinghouse expects to sign India reactor deal in June -CEO

WASHINGTON, March 30 (Reuters) - The chief executive of Toshiba Corp's Westinghouse Electric said on Wednesday he expects to sign a deal in June to build six nuclear reactors in India after marathon negotiations that began more than a decade ago.

UPDATE 2-Appaloosa calls for removal of SunEdison's TerraForm execs

NEW YORK, March 30 (Reuters) - Billionaire David Tepper's Appaloosa Management is seeking to overhaul TerraForm Power Inc's Conflicts Committee, claiming the company's controlling shareholder SunEdison Inc has breached its fiduciary duties.

UPDATE 2-U.S. arrests oil industry networking site creator over hacks

NEW YORK, March 30 (Reuters) - The founder of an oil and gas networking website was arrested on Wednesday on charges that he hacked and stole information from a rival site he had created and sold to DHI Group Inc, U.S.

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