Energy Update

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HONG KONG, June 2 (Reuters) - Days before shares in solar power group Hanergy Thin Film (HTF) halved in Hong Kong, its Beijing-based parent offered and sold stock in HTF to employees, even as the unit was being investigated by the local securities regulator.

--Clyde Russell is a Reuters columnist.

JAKARTA, June 2 (Reuters) - Indonesia will meet with Middle East oil producers on the sidelines of an OPEC meeting in Vienna this week to negotiate possible long-term crude supply agreements for its refineries, a senior government official said.

* Saudi Arabia's Naimi expects demand to rise further (Adds Naimi demand outlook, Citi comment, updates prices)

CALGARY, Alberta, June 1 (Reuters) - Firefighters made progress battling wildfires in northern Alberta on Monday that have shut in 10 percent of total oil sands production, and workers began returning to some sites to assess damage.

SINGAPORE, June 2 (Reuters) - Crude oil prices dipped in early Asian trading on Tuesday as an expectation of rising OPEC output and a potential increase in U.S.

SINGAPORE, June 2 (Reuters) - Asia has given Iraq's launch of its new Basra Heavy crude oil grade a poor reception after the No. 2 OPEC producer appears to have misjudged demand, supplying too much, too soon.

LONDON, June 2 (Reuters) - A plan for a new global research programme aimed at driving down the costs of renewable energy more quickly has drawn serious interest from the world's leading economies, its proponents say.

LONDON, June 1 (Reuters) - Two landmark events this month will underscore the extent to which the oil market's balance of power has been transformed by the shale revolution.

MDU Resources has started diesel product sales from the Dakota Prairie refinery to the market .

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