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* HSBC cuts Asian growth forecast, says export weakness to last

BERLIN, July 8 (Reuters) - The European Union urgently needs a comprehensive and credible reform plan from Greece to pull it out of its crisis, European Commission Vice President Valdis Dombrovskis told German television on Wednesday.

PARIS, July 8 (Reuters) - French state-controlled utility EDF's planned takeover of the nuclear reactor arm of Areva could hit Areva's order book as utilities may not want to buy equipment from another utility, a parliament report released on Wednesday said.

* Philippines claims right to South China Sea territorial waters

--Clyde Russell is a Reuters columnist. The views expressed are his own.--

(Wed, 08 Jul 2015) Over the past decade, domestic refinery output of petroleum products has grown significantly while consumption has declined, resulting in a major increase in product exports. Petroleum product exports averaged 4.1 million barrels per day (b/d) in the first four months of the year, an increase of 0.5 million b/d over exports the same time last year.

(Wed, 08 Jul 2015) The annual report contains data tables describing the electricity industry in each state. Data include generating capability, electricity generation, fuel use and prices, retail sales, emissions, net interstate transfers of electricity, and metering counts.

ACCRA, July 8 (Reuters) - Ghana's ruling party reclaimed a parliamentary seat from the main opposition on Tuesday in a closely contested by-election seen by both parties as a referendum on President John Mahama's rule ahead of a national election in 2016.

RIO DE JANEIRO, July 7 (Reuters) - Two workers died at a construction project at a Brazilian oil terminal operated by state-run Petrobras on Tuesday, adding to a string of fatal and life-threatening accidents, a union representing oil workers said in a statement.

SINGAPORE, July 8 (Reuters) - Oil futures steadied early on Wednesday on an expected drop in U.S. inventory, but worries over the Greek debt crisis and China's stock market turmoil dragged on prices.

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