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Gazprom Neft to Invest in Iran

TEHRAN (FNA)- Russia’s Gazprom Neft the oil arm of gas monopoly Gazprom plans to acquire new assets and therefore cannot yet predict its dividends in 2008, the firm’s head said on Friday.

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Iran: Surging Prices not Affected by Increasing Output

TEHRAN (FNA)- Major crude oil producer Iran said on Friday that increased oil output would not affect skyrocketing prices after a statement by Saudi Arabia revealed that the kingdom would pump more crude to market.

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Afghans count Taliban dead in valley near Kandahar

MONARAI, Afghanistan (Reuters) – NATO and Afghan forces held mopping up operations, hunting Taliban fighters and burying the dead on Friday, after an air and ground offensive routed hundreds of insurgents from a valley near Kandahar city.

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