Energy Update

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LONDON, March 2 (Reuters) - Britain will take a step closer this week to a planned privatisation of its Green Investment Bank, and could sell the whole business, sources familiar with the situation said.

LONDON, March 2 (Reuters) - The human cost of the oil slump is increasingly apparent in the number of claims for unemployment insurance being filed in states that were formerly at the heart of the drilling boom.

* Russian oil output unchanged in February at 10.88 mln bpd (Releads)

BRUSSELS, March 2 - Gazprom's deputy chief executive will meet the EU competition chief next week, three people familiar with the matter said on Wednesday, signalling progress in resolving antitrust charges against the Russian gas giant without a regulatory fine.

Energy storage technologies may save U.K. consumers as much as 2.4 billion pounds ($3.35 billion) a year by 2030, according to a new report funded by three utilities.

NEW YORK, March 2 (Reuters) - Exxon Mobil Corp, the world's largest publicly traded oil company, said on Wednesday its output would rise slowly through 2017 as it continues cutting costs.

MADRID, March 2 (Reuters) - Debt-laden Spanish energy group Abengoa has appointed a new chairman to try to distance the firm's management from its main shareholder and facilitate a debt restructuring.

NEW YORK, March 2 (Reuters) - Jeffrey Sprecher has defined his career by buying up rivals of Intercontinental Exchange Inc, the company he founded as an upstart in 2000.

WASHINGTON, March 2 (Reuters) - A wing of the U.S. Department of Energy focused on breakthrough technologies may soon give billionaire entrepreneur Elon Musk's most recent foray into energy storage a run for its money, the unit's director said.

TOKYO, March 2 (Reuters) - Japan's Marubeni Corp and Egypt's El Sewedy Electric have agreed with Egypt's state-run electricity utility to conduct a feasibility study into the construction of a coal-fired power plant in Egypt.

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