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* Proposes stable 2014 dividend of 1 euro per share (Adds further CEO quotes, details, updates shares)

DAKAR, March 10 (Reuters) - African oil explorers will keep drilling in select locations such as onshore east Africa and less complex projects off the West African coast even with oil at $60 a barrel, executives and analysts told Reuters.

* Analysts see downward pressure on oil prices persisting (Adds details, background, analysts)

* Futures down: Dow 156 pts, S&P 18 pts, Nasdaq 33.25 pts (Updates prices)

* Subsidy reforms could spur private investment (Adds background)

* Downside risks remain due to high net long positions (Updates prices)

* Shares fall 7 percent (Adds oil prices projection, debt-EBITDA, shares)

DHAKA, March 10 (Reuters) - Bangladesh on Tuesday identified a second citizen among a group of foreign workers taken hostage last week by the Islamic State militant group in an attack on a Libyan oilfield.

March 10 (Reuters) - China has given the go-ahead for the launch of a major domestic nuclear power project, marking the first such approval since a temporary freeze on new construction following Japan's Fukushima disaster.

CAIRO, March 10 (Reuters) - Siemens will supply four turbines to a power plant near Egypt's Suez City to add more than 650 megawatts of power generation to the country's national grid, it said in a statement on Tuesday.

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