Algeria
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Torgrim Reitan, CFO of Statoil, tells CNBC that earnings and production are growing significantly and 2012 was the best exploration year for the company since 1997.
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Jan 16- Islamist militants attacked a gas field in Algeria on Wednesday, claiming to have kidnapped up to 41 foreigners including seven Americans in a dawn raid in retaliation for France's intervention in Mali, according to regional media reports. 1/ 8 ID: nL6N0AL5LB).
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MOSCOW, Jan 16- Telecoms group Vimpelcom, with assets in Russia, Italy and various emerging markets, aims to deliver a major boost of up to $2.9 billion in annual cashflow by the end of 2015 to improve shareholder value.
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DAKAR, Jan 15- A powerful southern offensive by Islamists in Mali last week, halted only by French air strikes, showed that a loose alliance of rebels from al Qaeda's North African wing and local groups has been united by the threat of foreign intervention.
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Latin American markets have been a prime target for Spanish companies because of their language advantage, and giants such as Telefonica and Banco Santander have increased their exposure there to compensate for problems in their domestic market.
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"In 2007, Spain was our primary market, but that froze in 2009," he said. " Realsec points to a glimmer of hope for the euro zone's fourth largest economy, even though the International Monetary Fund expects Spain to remain in recession through much of 2013. As domestic demand has slumped, some companies have converted themselves into exporters.
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PARIS, Jan 13- Algeria has allowed France full use of its air space in its military intervention against Islamist rebels in Mali and is ready to seal its border if the conflict moves north, French Foreign Minister Laurent Fabius said on Sunday.
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*Dislodging al Qaeda from north Mali seen as "massive" task. JOHANNESBURG, Jan 13- France has rushed to help Mali block a push south by Islamist rebels from its desert north but a U.N.-backed intervention plan to dislodge al Qaeda and its allies faces a tough enemy and terrain and could still take months- if it succeeds at all.
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*Mali is Hollande's first military intervention. PARIS, Jan 13- Just as its leaders were defining a new "hands-off" strategy for Africa, France has been thrust onto the front line of one of the continent's riskiest battlefields deep in the desert of Mali.
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*Mali is Hollande's first military intervention. PARIS, Jan 13- Just as its leaders were defining a new "hands-off" strategy for Africa, France has been thrust onto the front line of one of the continent's riskiest battlefields deep in the desert of Mali.
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ALGIERS, Jan 5- Turkey will discuss building a liquefied natural gas terminal with Qatar on its Aegean coast to help meet rising domestic needs and as Turkey's role as an energy supplier to Europe grows, Energy Minister Taner Yildiz said on Saturday.
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*European, U.S. instability pushes investors toward Africa. DUBAI, Jan 2- Wealthy Gulf Arab companies are boosting their investment in Africa's vast lands and untapped resources, marking a shift for investors who have traditionally directed their money towards assets in the United States and Europe.
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MADRID, Dec 31- Spanish utility Iberdrola is selling its French wind park unit to a consortium including General Electric for about 400 million euros in its drive to cut debt and keep an investment grade credit rating.
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DUBAI, Dec 20- Morocco's spectacular debut in the dollar-denominated bond market this month is good news for other countries that have been affected by the Arab Spring uprisings and may try to borrow money overseas next year.
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*OPEC retains 30 mln bpd output target. LONDON, Dec 12- Crude oil rose to around $110 a barrel on Wednesday on prospects of further U.S. monetary stimulus, which lifted riskier assets and outweighed more bearish sentiment arising from OPEC's meeting in Vienna. Brent crude futures were up $2.02 to $110.03 a barrel by 1450 GMT, rebounding from last week's dip.
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*LNG day-rates forecast down at $100,000 in 2015. LONDON, Dec 12- Gas tanker owners face falling profits over the next few years as delays to Australian gas project leave new ships unemployed, though the tankers will earn more than other commercial vessels at least until 2016, brokers and analysts said.
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*OPEC expected to hold output limits steady. LONDON, Dec 12- Brent crude oil rose above $109 a barrel on Wednesday on expectations of a fourth round of monetary stimulus from the U.S. Brent crude futures were up $1.11 to $109.12 a barrel by 1258 GMT, rebounding from last week's dip.
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DUBAI, Dec 12- Strong global demand for Qatar Telecom's imminent 10- year bond offering could prompt the company to reconsider its decision to cap the issue at $1 billion, especially if interest from the United States is robust.
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*OPEC expected to hold output limits steady. LONDON, Dec 12- Brent crude oil rose above $108 a barrel on Wednesday on expectations of a fourth round of monetary stimulus from the U.S. Brent crude futures were up 86 cents to $108.87 a barrel by 1222 GMT, rebounding from last week's dip.
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*Peugeot up on stake report, hedge cuts short position. *BofA-Merrill strategists bet on' shunned' Europe stocks. PARIS, Dec 12- European shares edged higher on Wednesday, extending a steep three-week rally as investors bet the Federal Reserve will unveil a new round of bond-buying to support the U.S. economy.
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LONDON, Dec 12- Brent crude oil rose above $108 a barrel on Wednesday supported by expectations of a fourth round of monetary stimulus from the U.S. Brent crude futures were up 60 cents to $108.61 a barrel by 0950 GMT, rebounding from last week's dip. U.S. crude was up 43 cents to $86.22 a barrel.