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White House: Iran's talks are close to deal, worth continuing

WASHINGTON, July 7 (Reuters) - The White House said on Tuesday that extending talks with Iran on its nuclear program afforded an opportunity to address significant differences between the two sides.

EIA slightly raises 2015 and 2016 oil production forecasts

NEW YORK, July 7 (Reuters) - The U.S. government on Tuesday modestly raised its 2015 and 2016 U.S. crude oil production forecasts while lowering its price outlook.

UPDATE 1-Limits on Iran missiles, arms trade will remain -U.S. official

VIENNA, July 7 (Reuters) - Iran will continue to face restrictions on its missile programme as well as its trade in conventional arms under an emerging nuclear agreement, a senior U.S.

France needs more wind turbine investment to meet targets -lobby

PARIS, July 7 (Reuters) - France needs to boost investment in wind turbines if the country wants to reach its targets for renewable energy use, wind industry lobby France Energie Eolienne (FEE) said on Tuesday.

Limits on Iran missiles, arms trade will remain -U.S. official

VIENNA, July 7 (Reuters) - Iran will continue to face restrictions on its missile programme as well as its trade in conventional arms under an emerging nuclear agreement, a senior U.S. official said on Tuesday.

Statoil to decide on Scottish floating wind farm in September

OSLO, July 7 (Reuters) - Norway's oil and gas firm Statoil plans to take the final investment decision in September on building a floating wind farm off the coast of Scotland, set to be the first of its kind in the world, a spokesman for the company said on Tuesday.

Latin America waits to assess options from potential expanded US crude exports

Platts' Richard Capuchino shares what he learned about how Latin American markets could respond to possibly expanded US crude oil exports.

Greece's Hellenic Petroleum pays bond coupon on time

ATHENS, July 7 (Reuters) - Greece's biggest oil refiner Hellenic Petroleum made an 8 million euro ($8.76 million) coupon payment last week on an international bond, a spokesman for the company said on Tuesday.

South China Sea dispute between China, Philippines heads to court

* Philippines claims right to South China Sea territorial waters

RWE's communal shareholders want details of planned reform

FRANKFURT, July 7 (Reuters) - Local utility shareholders in German industry heavyweight RWE on Tuesday demanded more detail from the group's management on restructuring plans that could involve the merger of subsidiaries and personnel changes at the top.

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