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COLUMN-Operational excellence becomes oil industry watchword (again): Kemp

LONDON, June 9 (Reuters) - Cost-cutting is set to remain the main focus for the oil industry for at least the next two years as petroleum producers adjust to an environment of much lower prices.

E.ON Russia says to discuss new contract on gas purchases from Rosneft

MOSCOW, June 9 (Reuters) - E.ON Russia plans to discuss signing a new gas-purchase agreement with Russian state oil company Rosneft, E.ON's Russian unit said on Tuesday.

Nigerian summit to be "decisive" for Boko Haram task force - Benin

PARIS, June 9 (Reuters) - Countries waging a regional fight against the Nigerian Islamist militant group Boko Haram will take significant steps towards establishing a joint task force when they meet on Thursday in Abuja, Benin's president said.

Malaysian state fund 1MDB may scrap $3 bln power IPO -sources

KUALA LUMPUR, June 9 (Reuters) - Malaysian state investment fund 1MDB is likely to abort plans for a $3 billion IPO of its power unit and focus on an outright sale of its energy assets, three people with direct knowledge of the deal said on Tuesday.

RPT-INSIGHT-Private investors look but do not leap at Mexican energy projects

NEW YORK/MEXICO CITY, June 9 (Reuters) - Almost a year after Mexico opened its energy market to private investors, North American firms are rushing south to decide which pipeline or power plant to invest in.

UPDATE 7-Oil gains on driving season demand, China stimulus hopes

* As OPEC keeps output level, eyes on Iraq, Iran supply -analysts (Updates prices, adds quote)

UPDATE 1-Gazprom has until mid-Sept to reply to EU antitrust charges

* Gazprom could offer concessions to seek settlement (Adds European Commission comments)

UPDATE 1-Baghdad paid Kurds only half monthly budget share in May -finance minister

BAGHDAD, June 9 (Reuters) - Iraq paid the autonomous Kurdistan region only around half its monthly share of the national budget in May as part of other spending cuts, the Iraqi finance minister said on Tuesday, potentially putting further strain on an oil exports deal.

UPDATE 2-Fuel depot blazes in Ukraine, three firemen missing

VASYLKIV, Ukraine June 9 (Reuters) - Emergency services are battling to prevent the spread of a deadly fuel depot fire outside Kiev, the head of the emergency services said on Tuesday, and three firemen were reported missing after the blaze triggered a powerful explosion.

UPDATE 1-Malaysia to protest over Chinese coast guard 'intruders' - WSJ

KUALA LUMPUR, June 9 (Reuters) - Malaysia will protest against what it said was the intrusion of a Chinese coast guard ship into its waters north of Borneo, the Wall Street Journal reported, in another departure from the country's soft approach to the South China Sea dispute.

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