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UPDATE 2-BASF to split off struggling pigments businesses

* Analyst says pigments industry suffering from overcapacity (Adds analyst comment, source comment on industry overhaul)

Azeri SOCAR plans to sell some shares in Turkey's Petkim- news agency

BAKU, July 22 (Reuters) - Azeri state energy firm SOCAR plans to sell part of its shares in Turkish petrochemical company Petkim, SOCAR's president was quoted as saying on Wednesday.

Plant 'milkers' seek molecules for medicines and make-up

* France's PAT uses patented technique to extract 'biomolecules'

Indian official to visit Iran to discuss oil dues

NEW DELHI, July 22 (Reuters) - India's top financial bureaucrat will visit Iran this weekend to discuss how to pay its oil import dues, sources said on Wednesday, after Tehran struck a deal with world powers to curb its nuclear programme in return for the lifting of sanctions.

COLUMN-North Dakota oil well completions slow sharply: Kemp

LONDON, July 22 (Reuters) - No new well completion reports have been filed in North Dakota since July 10, the longest gap this year, according to daily activity records published by the state's Department of Mineral Resources (DMR).

Two car bombs explode in eastern Libyan city of Derna

BENGHAZI, Libya, July 22 (Reuters) - Two car bombs exploded on Wednesday in Libya's eastern city of Derna, an Islamist hotspot, residents and a military source said. There was no immediate word on casualties.

Nigeria's President Buhari says will recover stolen oil money

LAGOS, July 22 (Reuters) - Nigerian President Muhammadu Buhari has said his government will trace and recover what he called "mind-boggling" sums of money stolen from the oil sector.

OPEC sees oil drop as short-term, expects stronger demand - delegates

LONDON/DUBAI, July 22 (Reuters) - A drop in oil prices this month is likely to be short-term and will not deflect OPEC from its policy of keeping output high to defend market share, delegates from Gulf OPEC members and other nations said.

Jewish leader condemns German vice chancellor's Iran trip

BERLIN, July 22 (Reuters) - The head of the World Jewish Congress sharply criticised German Economy Minister Sigmar Gabriel on Wednesday for his recent visit to Iran, accusing him of putting business interests before morals and calling his approach to Tehran naive.

High-speed Czech train crash kills two, injures 12

PRAGUE, July 22 (Reuters) - A high-speed passenger train collided with a truck at a railway crossing in the Czech Republic on Wednesday, killing two people and injuring 12, the police said.

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