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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*Demand for foreign currency remains high in Syria By Suleiman Al-Khalidi. 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.
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Switzerland, home to commodities giants such as Glencore and Cargill, commissioned the report last year after left-wing politicians said that the traditionally secretive sector exposed the country to risks to its reputation.
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Switzerland, home to commodities giants such as Glencore. "There is no evidence, at present, of a general trend amongst companies to move away from Switzerland, but much will depend on whether Switzerland succeeds, also in the future, in providing a competitive legal and economic setting for conducting business," the report said.
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By Patrick Markey and Isabel Coles. QANDIL MOUNTAINS, Iraq, March 27- Shattered stone houses recall Turkish air strikes on Kurdish rebels holed up in the Qandil mountains of northern Iraq. Life is harsh amid the snowcapped peaks, supplies are sparse and armed forays across into Turkey perilous in the extreme.
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By Patrick Markey and Isabel Coles. QANDIL MOUNTAINS, Iraq, March 27- Shattered stone houses recall Turkish air strikes on Kurdish rebels holed up in the Qandil mountains of northern Iraq. Life is harsh amid the snowcapped peaks, supplies are sparse and armed forays across into Turkey perilous in the extreme.
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BAGHDAD, March 27- Iraq's Basra Gas Company is processing around 400 million cubic feet per day of gas and is on track to treat 2 billion cubic feet per day by 2017, the head of its South Gas Co. said on Wednesday.
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DUBAI, March 27- Kuwaiti logistics firm Agility. said on Wednesday it would book close to $80 million in revenues from a three-year contract which it won for work at the Majnoon oil field in Basra, Iraq.
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RIYADH, March 27- Saudi Arabia's customs authorities have thwarted an attempt to smuggle over 3,260 metric tonnes of refined petroleum products out of the country's Gulf port of Dammam, the official Saudi Press Agency reported.
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NEW YORK-- Shares of Net 1 UEPS Technologies surged in midday trading on Wednesday as a South African appeal court upheld the company's contract with the South African Social Security Agency. THE BACKGROUND: Net 1 UEPS Technologies Inc., a payment processing company, has operations in South Africa, South Korea, Ghana and Iraq.
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In the Platts window, BP offered a 100,000 tonne Urals cargo at dated Brent minus $2.15 cif Rotterdam, loading April 16-20. Lukoil offered another cargo at dated Brent minus $2.10 cif Rotterdam, loading April 16-20, but no buying interest surfaced.
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BOSTON, March 25- Anthony Lewis, both a champion and a critic of the U.S. legal system and press rights in a newspaper career spanning more than 50 years, died at his home in Cambridge, Massachusetts, on Monday.
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BOSTON, March 25- Anthony Lewis, both a champion and a critic of the U.S. legal system and press rights in a newspaper career spanning more than 50 years, died at his home in Cambridge, Massachusetts, on Monday.
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BOSTON, March 25- Anthony Lewis, both a champion and a critic of the U.S. legal system and press rights in a newspaper career spanning more than 50 years, died at his home in Cambridge, Massachusetts, on Monday.
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BOSTON, March 25- Anthony Lewis, both a champion and a critic of the U.S. legal system and press rights in a newspaper career spanning more than 50 years, died at his home in Cambridge, Massachusetts, on Monday.
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TOKYO, March 26- U.S. shale gas may not be the panacea being touted by Japan's politicians and companies to sharply reduce the country's crippling energy bills.
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A preliminary export schedule showed on Monday that Russia will increase its overall Urals exports in April versus March due to extensive maintenance programmes at refineries and a lower export duty.
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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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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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BASRA, Iraq, March 25- Exxon Mobil has allocated $1.65 billion to develop Iraq's West Qurna 1 oilfield in 2013, up from $1.6 billion last year, the head of the joint management committee for the field said.
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BASRA, Iraq, March 25- Exxon Mobil has allocated $1.65 billion to develop Iraq's West Qurna 1 oilfield in 2013, up from $1.6 billion last year, the head of the joint management committee for the field told Reuters. Madhi Abdul Razzaq said production from the field would rise to 540,000 barrels per of oil per day by mid-2013 from the current 480,000 bpd.