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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

Indonesia hopes to rejoin OPEC by year-end

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

UPDATE 1-Snam considers stake of up to 20 pct in TAP pipeline project

PARIS, June 4 (Reuters) - Italian gas infrastructure company Snam could take a stake of up to 20 percent in the project to build the Trans Adriatic Pipeline (TAP) that will carry gas from Azerbaijan to Europe, its chief executive said on Thursday.

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