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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*Q1 production slips 4.9 pct on Nigeria, Libya. stuck to its growth forecast for the year after production fell almost 5 percent in the first quarter due to disruptions in Libya and Nigeria.
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LONDON, April 24- A strong whites-over-raws sugar premium is boosting incentives for refiners to process and export refined sugar, while low prices are encouraging brisk global demand. The August/July whites-over-raws premium, a measure of refining profitability, rose to around $115 per tonne on Wednesday from $107 a month ago.
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TRIPOLI, April 23- France's embassy in Libya was hit by an apparent car bomb on Tuesday, injuring two French guards and bringing violence to the capital after attacks on foreign missions in the east.
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TRIPOLI, April 23- France's embassy in Libya was hit by an apparent car bomb on Tuesday, injuring two French guards and bringing violence to the capital after attacks on foreign missions in the east.
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NEW YORK, April 19- Brent crude oil prices rose Friday, at one point pushing back above $100 a barrel, on a second day of modest gains boosted by a strong day in the equity markets to recover some ground after a steep six-day decline.
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NEW YORK, April 19- Brent crude oil prices closed below $100 a barrel on a second day of modest gains on Friday, after surpassing $100 earlier in the session and recovering some ground after a steep six-day decline.
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NEW YORK, April 19- Brent crude oil prices hovered above $99 a barrel on Friday after surpassing $100 earlier in the session and recovering some ground after a steep six-day decline.
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LONDON, April 19- Oil prices steadied above $99 a barrel on Friday, recovering some ground after a steep six-day fall as bargain hunters stepped in, although worries about global demand and oversupply kept a lid on the rebound. "It's probably too early to say if we are out of the woods after such a big sell-off," said Ole Hansen, head of commodity strategy at Saxo Bank. "
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LONDON, April 19- Oil prices pushed towards $100 a barrel on Friday, recovering some ground after a steep six-day fall as bargain hunters stepped in, although worries about global demand and oversupply kept a lid on the rebound. "It's probably too early to say if we are out of the woods after such a big sell-off," said Ole Hansen, head of commodity strategy at Saxo Bank. "
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LONDON, April 19- Oil prices climbed towards $100 a barrel on Friday, recovering some ground after a steep six-day fall, although worries about lower global demand and oversupply kept a lid on the rebound.
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Friday morning's gains in the S&P 500 index supported a "risk-on" trade, and bargain hunters snapped up below- $100 oil, sending Brent briefly above $100 a barrel, but worries about global demand and oversupply have kept a lid on the rebound.
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The factory is operated by Somaca, a venture which is majority owned by the Moroccan arm of French car maker Renault. Somaca produced 60,000 cars in 2012 under the Renault and Dacia brand names. Now it is making a new version of the Sandero, a small, low-cost sedan from Dacia, the Romanian unit of Renault.
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*Oil firms reveal Egypt owes them $5 bln, half overdue. *Apache says has $1 bln political risk insurance for Egypt. LONDON, April 12- Egypt owes at least $5 billion to oil companies, half of it overdue, corporate reports have revealed, in a development highlighting the country's struggle to meet soaring energy bills while subsidising prices to avoid public unrest.
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TRIPOLI, April 10- Handing out plastic tea spoons of golden honey, Milad Ahmed Ajaj hopes his local produce will win over curious onlookers hovering around his stand at a commercial fair in Tripoli. We want to export our goods but Libya still has problems.
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SEOUL, April 8- U.S. crude steadied below $93 per barrel on Monday, retaining most of its steep losses from the previous week as poor jobs data fuelled worries about demand from the world's top oil consumer. *U.S. crude gained 7 cents a barrel at $92.77 as of 0105 GMT, after dropping to a two-week low of $91.91 in the previous session.
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*Medical tourism on the rise in Turkey. ISTANBUL, April 3- Sitting in a private clinic in an upscale neighbourhood of Istanbul, Saleh, a human resources executive from Qatar, is preparing to leave Turkey with a smile on his face and more hair on his head.
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LONDON, March 25- Rising Islamist violence is forcing international oil firms to look hard at exposure across swathes of Africa and weigh whether to operate remotely for fear expatriate staff may be targeted.
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TORONTO, March 23- Canadian police said on Saturday that they had identified a second Canadian among the dead suspects in a January attack and hostage-taking at an Algerian gas plant. Algerian Prime Minister Abdelmalek Sellal said at the time that a Canadian gunman had coordinated the operation.
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*Wheat at highest since Feb. 22. Wheat remains very competitive to corn, underpinning its demand as feed, "said Bryce Knorr, senior editor for Farm Futures Magazine."
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TIMBUKTU, Mali, March 13- Residents who slipped into a non-descript mud-brick house after Islamist fighters fled Mali's desert town of Timbuktu uncovered a trove of arms, ammunition and documents- the workings of the local al Qaeda recruitment office.