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Iraq, USD3bn oil budget
subtitle
27/01/2005

Iraq has allocated USD3bn from the 2005 budget to rebuild its oil industry, according to oil officials. Projects will include expanding gas and oil production, overhauling refineries and the pipeline ... more
Oil down to USD48.85
subtitle
27/01/2005

Oil prices fell sharply yesterday after the US government reported a large rise in domestic crude inventories. Light crude fell 79 cents to USD48.85 per barrel, while London Brent fell 51 cents to USD... more
Opec happy with USD39 pb
subtitle
27/01/2005

Kuwait Energy Minister and Opec President, Sheikh Ahmad Fahd Al Sabah, has called for Opec's production ceiling to be maintained at 27m bpd. The minister attributed price increases to recent cold weat... more
UAE backs 27m barrels
subtitle
27/01/2005

The UAE will argue that oil production should be kept at the current 27m bpd when Opec meets on January 30, according to Oil Minister Mohamed Al Hamili. But regional oil ministers are warning that Ope... more
Teen Pleads Guilty in Attack on Md. Girl (AP)
AP - A teen charged in the brutal beating of a 12-year-old girl at a birthday party last year pleaded guilty Friday to f... more
ChoicePoint Data Cache Became a Powder Keg (washingtonpost.com)
washingtonpost.com - The man on the phone called himself James Garrett.
Iran Says to Make Atomic Fuel if Sent to UN Council (Reuters)
Reuters - Iran warned on Saturday it would return to making nuclear fuel and that the Middle East would get even more un... more
Jurors Deliberate in WorldCom Fraud Case (AP)
AP - In their first day of deliberations, jurors in the trial of former WorldCom chief Bernard Ebbers asked to review ke... more
Report: Afghan Opium Production Surges (AP)
AP - More than three years after installing a pro-U.S. government, Afghanistan has been unable to contain opium poppy pr... more
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