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UPDATE 4-BP reaches $18.7 billion settlement over deadly 2010 spill

HOUSTON, July 2 (Reuters) - BP Plc will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S. history.

UPDATE 3-Brazil police arrest another former Petrobras exec in probe

SAO PAULO, July 2 (Reuters) - Brazilian police arrested Jorge Zelada, former director of Petrobras' international division, as part of an ongoing investigation into bribery and corruption at the state-run oil producer, prosecutors said on Thursday.

U.N. talks on Libya stumble as rival govt postpones participation

RABAT, July 2 (Reuters) - U.N.-brokered talks between Libya's two rival governments hit a setback on Thursday when one of the sides stayed away from the negotiations in Morocco, saying it needed more time for consultations.

White House says hopes BP settlement to help Gulf region recover from spill

ABOARD AIR FORCE ONE, July 2 (Reuters) - The White House said on Thursday it was pleased to see an agreement reached with BP to end litigation over environmental damage and human casualties caused by the 2010 Gulf of Mexico oil spill.

How Pemex's math yields improved safety statistics

July 2 (Reuters) - In late May, Pemex announced that it had succeeded in bringing its worker fatality and accident rate below the International Association of Oil and Gas Producers' international average in 2014.

SPECIAL REPORT-Sex, scares, special effects spice up Pemex safety movies

MEXICO CITY/NEW YORK, July 2 (Reuters) - In one movie, two bikini-clad women sashay around a swimming pool in stiletto heels, laughing about how one used sex to persuade her hard-working husband to buy her an expensive truck.

Russia grants $200 mln loan to Armenia to help modernise army

YEREVAN, July 2 (Reuters) - Moscow has granted ally Armenia, which hosts a Russian military base, a $200 million loan to buy Russian weapons and modernise its armed forces.

REFILE-TIMELINE-BP oil spill, litigation at a glance

July 2 (Reuters) - BP Plc reached a $18.7 billion settlement to end five years of litigation following the 2010 Gulf of Mexico oil spill. It is the largest settlement with a single entity in U.S. history, the U.S.

BP to pay U.S. authorities $18.7 bln for 2010 Gulf of Mexico spill -DOJ

WASHINGTON, July 2 (Reuters) - BP Plc has reached a settlement with U.S. authorities and will pay about $18.7 billion in damages for water pollution caused by the 2010 Gulf of Mexico oil spill, the U.S.

UPDATE 1-Anglo plans major job cuts, sources say, as investors push for bolder overhaul

* Glencore takeover risk rises as shares fall (Adds link to graphic on share price)

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