Energy Update

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BAKU, Sept 29 (Reuters) - Azerbaijan's oil exports fell 3.1 percent year-on-year in the January-August period, driven by a decline in production, a source at the State Customs Committee said on Tuesday.

* Bulk shipper Daiichi Chuo Kisen Kaisha files for bankruptcy

CAPE TOWN, South Africa, Sept 29 (Thomson Reuters Foundation) - T eams from two South African universities have taken solar-powered cars to Australia to compete in an international rally and showcase their government's efforts to inspire green technology at home.

BAKU, Sept 29 (Reuters) - Azerbaijan's oil exports fell 3.1 percent year-on-year in the January-August period, driven by a decline in oil production, a source at the State Customs Committee said on Tuesday.

* Shares rise more than 10 pct (Adds CEO comment, share price)

SYDNEY, Sept 29 (Reuters) - In what could be a cautionary tale for Alcoa Inc, global miner BHP Billiton's decision to spin off non-core businesses into a separate company is yet to pay off for shareholders.

ADEN, Sept 29 (Reuters) - Yemen's 150,000 barrel-per-day Aden refinery resumed operations on Tuesday after being shut for more than five months as the conflict in the country worsened, an industry source at the refinery told Reuters.

BRUSSELS, Sept 29 (Reuters) - In the wake of the scandal over Volkswagen's admission to cheating regulators, the European Commission said on Tuesday it would agree outline plans to reform the European system for approving new models of cars by the end of the year.

LONDON, Sept 29 (Reuters) - Shares of Glencore halted their slide on Tuesday after losing around a third of their value on Monday, with several brokers saying worries over the commodities and mining company's debt pile were overdone.

WELLINGTON, Sept 29 (Reuters) - New Zealand's state-run pension fund and utilities investor Infratil Ltd are selling a combined stake of 30 percent of Z Energy Ltd for up to NZ$747 million ($471 million), cashing in on a record run for the petrol retailer.

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