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UPDATE 1-Asia Resource Minerals says ACE's takeover offer is best option to secure future

* Berau risks mining halt, insolvency filings (Adds details on offers, Berau situation)

Mine closures, job losses on Brazil's iron ore frontline

CONCEIÇÃO DO MATO DENTRO, Brazil, June 1 (Reuters) - A giant truck carries chunks of sparkling mountainside to a web of yellow conveyor belts at a huge mine in eastern Brazil, a few more hundred tonnes of iron ore that are good for its owner Anglo American but bad for a battered global market.

Libya edges closer to economic collapse as currency dives

TRIPOLI, June 1 (Reuters) - Libya's public finances, wracked by a dramatic loss in oil revenue that has been exacerbated by a power struggle between rival governments, are foundering.

UPDATE 1-Enterprise Products to buy Eagle Ford pipeline for $2.15 bln

June 1 (Reuters) - Enterprise Products Partners LP said it would buy pipeline and processing assets in the Eagle Ford shale in Texas from Pioneer Natural Resources Co and India's Reliance Industries Ltd for $2.15 billion.

COLUMN-U.S. shale and OPEC, the altered balance of power: Kemp

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.

Enterprise Products to buy midstream assets for $2.15 bln

June 1 (Reuters) - Pipeline company Enterprise Products Partners LP said it would buy member interests in EFS Midstream LLC from affiliates of Pioneer Natural Resources Co and Reliance Industries Ltd for $2.15 billion.

Up to 70 killed in Nigeria fuel tanker crash

ONITSHA, Nigeria, June 1 (Reuters) - Up to 70 people were killed in Nigeria, many of them burnt alive, when a fuel tanker crashed into a busy bus station in the southeast city of Onitsha and exploded, Red Cross officials said on Monday.

Ferrellgas to buy Bridger Logistics in $837.5 mln deal

June 1 (Reuters) - Propane retailer Ferrellgas Partners LP said it would buy midstream services provider Bridger Logistics LLC for about $837.5 million to expand its midstream services business.

With eyes on Adriatic oil potential, Croatia weighs threat to tourism

* EU's newest member desperately seeking way out of recession

E.ON calls for 'timely' intervention to fix power market

BERLIN, June 1 (Reuters) - Germany must act swiftly to fix its fundamentally broken energy market and avoid the risk of a power capacity shortage, the chief of top utility E.ON said on Monday.

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