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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.

Libya requests UN sanctions exemption for sovereign wealth fund

UNITED NATIONS, March 30 (Reuters) - Libya is asking the U.N. Security Council to approve a sanctions exemption for its blacklisted sovereign wealth fund to halt billion-dollar losses caused by ineffective management of frozen assets, according to a letter released on Wednesday.

Petrobras to save $500 mln a year with reorganization plan

SAO PAULO, March 30 (Reuters) - State-controlled Petróleo Brasileiro SA, the Brazilian oil producer at the center of a sweeping corruption probe, plans to save 1.8 billion reais ($500 million) a year through a reorganization plan that includes the merger of several business units, job cuts and a streamlining of activities.

UPDATE 2-Bank of Canada: Oil shock recovery will take more than two years

EDMONTON, Alberta, March 30 (Reuters) - Canada will take more than two years to adjust fully to the drop in oil prices, a senior Bank of Canada official said on Wednesday, signaling no quick end to a shock that has roiled the economy.

A Look at Liquid Air Energy Storage Technology

With traditional coal-fired power stations coming to the end of their working lives, the challenge to engineers to develop clean, reliable energy technologies has never been so pressing.

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