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Oil Trades Lower in Year-End Cooling off

TEHRAN (Fars News Agency)- World oil traded lower in Asia on Monday as the market entered a traditional year-end cooling off period and concerns persisted over slower US economic growth, dealers said.

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Total Ready to Invest $12bln in Iran’s LNG Project

TEHRAN (Fars News Agency)- Iranian Oil Minister Gholam Hossein Nozari said that the French oil company, Total, has voiced preparedness to make a 12-bln-dollar investment in Iran’s Liquefied Natural Gas (LNG) project.

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IAEA Team Arrives in Iran

TEHRAN (Fars News Agency)- A delegation from the International Atomic Energy Agency arrived here in Tehran on Sunday to continue talks with Iran to resolve the issues remaining between the two sides, Iran’s envoy to the IAEA said.

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EU to agree Kosovo talks over

BRUSSELS (Reuters) – EU leaders are expected to agree this week that efforts to reach a negotiated solution to the Kosovo problem are exhausted, and offer to take responsibility for security and justice in the breakaway Serbian province.

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Bosnian Serbs vote for new president

BANJA LUKA, Bosnia (Reuters) – Citizens of Bosnia’s Serb Republic voted on Sunday in an early election for the mainly ceremonial post of regional president after the sudden death of President Milan Jelic.

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