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The Oil Big Five: Waiting for June's big oil news announcements

There are certain months that have obvious potential for big news, and June looks like one of them. Check out our list of top oil topics for June, and tell us your biggest topics in the comments.

Lukoil may cut price to close Kazakh deal with Sinopec

MOSCOW, June 4 (Reuters) - Russia's second largest oil company Lukoil is in talks with China's Sinopec over a stalled sale of assets in Kazakhstan, and is ready to cut its price by up to 10 percent, industry sources said on Thursday.

EBRD praises Ukraine anti-corruption drive, urges more reform

ASTANA, June 4 (Reuters) - The European Bank for Reconstruction and Development on Thursday praised Ukraine's anti-corruption efforts and its tougher stance against powerful local tycoons, while renewing its call for reforms in energy and banking.

India's Tamil Nadu bans several noodle products, including Nestle's

CHENNAI, India, June 4 (Reuters) - Tamil Nadu has become the first Indian state to ban several noodle products after tests found excessive levels of lead, extending a food scare triggered when some of Nestle India's noodles were found unfit for consumption.

Will Saudi boost oil capacity? Naimi's retort: Show me 10 pct return

VIENNA, June 4 (Reuters) - When it comes to whether Saudi Arabia will invest billions of dollars to increase its ability to pump more oil, boosting the world's only large stand-by reserve, minister Ali al-Naimi has a quick answer: show me the return.

UPDATE 1-U.N. appeals for $500 million in humanitarian aid for Iraq

BRUSSELS, June 4 (Reuters) - The United Nations launched an appeal on Thursday for half a billion dollars in international aid to tackle a worsening humanitarian crisis in Iraq triggered by the conflict with Islamic State militants.

At OPEC, some sow seeds of solar energy race in Gulf

VIENNA, June 4 (Reuters) - To hear the oil ministers of Saudi Arabia and Kuwait talk about it this week, the race to develop massive solar power arrays in the world's sunniest nations is nearly as important as the current battle for oil market share.

UPDATE 1-U.S. oil price manipulation lawsuit settled for $16.5 mln

NEW YORK, June 4 (Reuters) - Arcadia Petroleum Ltd, its Parnon Energy unit and two traders have reached a $16.5 million settlement of a U.S. class-action lawsuit accusing them of illegally manipulating the price of crude oil in early 2008.

UPDATE 1-Indonesia hopes to rejoin OPEC by year-end

VIENNA, June 4 (Reuters) - Indonesia hopes to rejoin OPEC by the oil producer group's next meeting in around six months' time, Energy Minister Sudirman Said said on Thursday.

UPDATE 1-EU/IMF lenders demand asset sales, pension cuts in Greek proposal

* Axing low-income pensioners' benefit to save 800 mln euros/yr

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