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BP to settle U.S. Gulf of Mexico oil spill claims - Bloomberg

July 2 (Reuters) - BP Plc has reached an agreement with the United States and affected state governments to settle damages claim from the Gulf of Mexico oil spill in 2010, Bloomberg reported.

Ukraine says can survive without Russian gas, no threat to EU supplies

KIEV, July 2 (Reuters) - Ukraine expects to store enough natural gas for next winter despite cutting off imports from Russia and Russian flows crossing the country destined for Europe will not be disrupted, Energy Minister Volodymyr Demchyshyn said on Thursday.

China navy holds first missile combat resupply drill

BEIJING, July 2 (Reuters) - China's navy held its first drill simulating the resupply of missiles in a combat environment in the Yellow Sea, the Defence Ministry said on Thursday, the latest sign of the country's growing military prowess.

France's Fabius says progress on some points in Iran nuclear talks

VIENNA, July 2 (Reuters) - French Foreign Minister Laurent Fabius on Thursday said there had been progress on certain issues in nuclear talks between major powers and Iran, but on others there was still work to be done.

Greenpeace, German utilities launch suit against UK nuclear plant

BERLIN, July 2 (Reuters) - Greenpeace and nine German and Austrian utilities selling renewable energy said on Thursday they are launching legal action against state aid for a new British nuclear power plant, which was approved by the European Commission.

UPDATE 2-UK's Hunting warns of profit slump as rig counts fall further

* Shares fall as much as 7 pct (Adds analyst comments; updates shares)

Iran nuclear talks not at breakthrough moment -Hammond

VIENNA, July 2 (Reuters) - The Iran nuclear talks are not at a breakthrough moment yet, British Foreign Secretary Philip Hammond told reporters on Thursday.

Impact of strike at Total's French refineries remains limited

PARIS, July 2 (Reuters) - A strike at Total's French refineries, oil depots and service stations called by the hardline CGT union had failed to muster much support by Thursday morning, company and union officials said.

Australia seeks answers after China rejects coal cargoes

SYDNEY, July 2 (Reuters) - Australia's government is looking into allegations by an industry group that Australian coal cargoes are being unfairly rejected by China.

German coalition to spend extra 1.16 billion euros on climate goals

BERLIN, July 2 (Reuters) - Germany's ruling coalition of conservatives and Social Democrats (SPD) agreed overnight to spend an extra 1.16 billion euros by 2020 to reduce greenhouse gas emissions, a government paper showed.

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