Iraq
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A dramatic shift in how energy is being produced and consumed around the world could lead to far-reaching changes in the geopolitical order.
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PARIS, April 4- OPEC is happy with the producer group's official oil output ceiling of 30 million barrels per day, its secretary general Abdullah al-Badri said on Thursday, ahead of an OPEC meeting next month to set output policy.
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OLMOS, Peru, April 4- Peru's Olmos Valley might be a desert now, with rare rains and rivers that trickle to life for just a few months a year, but a radical engineering solution for water scarcity could soon create an agricultural bonanza here.
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*Iraq economy booms, increasing savings. BAGHDAD, April 3- When a recent lecture for a group of Baghdad university students started with the question, "What is the Iraq Stock Exchange?"
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DEAD SEA, Jordan, April 3- After midnight on one of Jordan's busiest highways, only the beaming headlights of vehicles driving between the capital Amman and the Dead Sea pierce the gloom. The highway is lined with street lights as it weaves down from Amman to the valley floor below sea level, but none are switched on.
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CALGARY, Alberta, April 2- Two high-profile oil spills won't stem the now-record flow of Canadian oil into the United States, despite the frenzy that the spills triggered among friends and foes of the Keystone XL pipeline to the main U.S. refineries.
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*Moussa, Abolghar both say Egypt needs the loan. CAIRO, April 2- Egypt predicts a speedy conclusion to talks with the International Monetary Fund on a $4.8 billion loan that will help save its economy from crisis.
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*Stockman, former chief for Reagan, says deficit requires harsh action. NEW YORK, April 1- Two former U.S. budget chiefs who worked for presidents from opposing political parties said on Monday that the government should reduce military spending, scale back Social Security payments and end decade-old income tax cuts to reduce the federal deficit.
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A dramatic shift in how energy is being produced and consumed around the world could lead to far-reaching changes in the geopolitical order.
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*Bombs strike in Baghdad, Kirkuk in north. BAGHDAD, March 29- Car bombs hit five Shi'ite mosques in Baghdad and the northern Iraqi city of Kirkuk just after prayers on Friday, killing 19 worshippers and injuring another 130..
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BAGHDAD, March 29- Car bombs hit four Shi'ite mosques in the Iraqi capital Baghdad and another in Kirkuk just after prayers on Friday, tearing into crowds of worshippers and killing 17, police and witnesses said.
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BAGHDAD, March 29- At least 17 people were killed when bombs exploded outside three Shi'ite mosques in Baghdad and at another in Kirkuk just as worshippers were leaving after Friday prayers, police said.
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LONDON, March 28- OPEC crude oil output is on course to reach its lowest since October 2011 this month as unrest in Libya, pipeline leaks in Nigeria and Iraqi export disruptions weigh on supplies, a Reuters survey found on Thursday.
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*Wheat stocks down to 85 days, bread riots a key worry. LONDON/ CAIRO, March 28- Egypt has hit breaking point in its ability to pay for imports of oil, wheat and other basic commodities, forcing it to call in diplomatic favours or seek easy payment terms from suppliers who hope for future advantage in return.
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*Wheat posts biggest gains in a week. Wheat futures rallied to a five-week high while soybeans trimmed earlier losses to touch a two-week top.
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NEW YORK/ ISTANBUL, March 27- Ratings agency Standard& Poor's raised Turkey to within a whisker of investment grade on Wednesday, citing a rebalancing economy and progress in a Kurdish peace process, but the move failed to impress the country's finance minister.
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*Iraq oil ministry not informed of any Eni stake sale. is considering opening its business in Iraq to investment by Chinese oil company CNPC after offering it a stake in its bumper Mozambique gas field earlier this month, two sources said.
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LONDON, March 27- Spot differentials on Russia's medium sour Urals held steady on Wednesday but no arbitrage movements were seen despite a persistent over $1 a barrel gap between prices in the North and South. BP surfaced briefly with a bid for an 85,000 tonne cargo of Kazakh CPC Blend before withdrawing at dated Brent minus 90 cents.
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*Scaroni last week said no talks on with CNPC in Iraq. is considering opening its business in Iraq to investment by Chinese oil company CNPC after offering it a stake in its bumper Mozambique gas field earlier this month, two sources said.
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MILAN, March 27- Italian oil and gas group Eni. is mulling the idea of opening up its business in Iraq to China's CNPC just as it did with its giant gas discovery in Mozambique, two sources close to the matter said on Wednesday. The state-controlled oil major, with U.S.-based Occidental Petroleum Corp and South Korea's KOGAS, are developing the Zubair oilfield.
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*Demand for foreign currency remains high in Syria. AMMAN, March 27- A pledge by Syria's central bank on Sunday to take action to support the pound is already looking hollow, raising speculation the authorities may no longer be willing to burn up reserves defending the currency.