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UPDATE 2-Kuwait expects OPEC to continue policy beyond June

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

US STOCKS-Futures weaken on Greece concerns, China data

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

UPDATE 1-Siemens to supply turbines for Egyptian power plant

* Subsidy reforms could spur private investment (Adds background)

UPDATE 4-Brent crude dips below $58 on strong dollar and supply

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

UPDATE 1-Galp cuts investment plans by 20 pct, lowers oil output forecast

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

Bangladesh names second citizen held in Libya oilfield attack

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.

China approves first nuclear project since Fukushima

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.

Siemens to supply four turbines for Egypt power plant

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.

US STOCKS-Futures tumble on Greece concerns, China data

NEW YORK, March 10 (Reuters) - U.S. stock index futures fell on Tuesday, pressured by weaker-than-expected data out of China as well as ongoing concerns about debt talks in Greece.

SE Asia Stocks-Thai stocks fall as investors await rate decision

BANGKOK, March 10 (Reuters) - Thai shares posted their biggest single-day loss in almost three months on Tuesday as a bout of late selling in energy stocks weighed, while banks snapped a three-day rising streak ahead of the central bank's decision on interest rates. Other markets in Southeast Asia were range-bound amid weak sentiment in Asia on concerns the U.S. Federal Reserve would increase interest rates by mid-year.

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