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France’s Total still in LNG Talks with Iran

French oil group Total is still in discussions with Iranian partners on its liquefied natural gas (LNG) terminal project for gas extracted from the South Pars field, but added political issues could cause problems for the company.

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Iranian Gov’t. Withdraws $4.7b from OSF

Iran’s government withdrew 42.054 trillion rials ($4.7 billion) from the Oil Stabilization Fund (OSF) in the first four months of the current Iranian year (started March 21), the Ministry of Economic Affairs and Finance reported here on Wednesday.

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Dozens of Taliban killed in Afghanistan

KABUL (AFP) – Dozens of Taliban militants have been killed in heavy fighting in southern and western Afghanistan, officials said Thursday, as the Al-Qaeda-backed insurgency showed no signs of abating.n volatile southern Uruzgan province, at least 36 insurgents were killed Wednesday in a fierce clash with Afghan and US-led coalition …

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President Pervez Musharraf has reaffirmed intention to step down as army chief after eight years Who Replaces “General” Musharraf?

 ISLAMABAD — Now that President Pervez Musharraf has reaffirmed intention to step down as army chief after eight years, the identity of his replacement at the helm of the powerful nuclear-armed army is leaving every body guessing. “Loyalty will possibly be the key factor but General Musharraf may spring a …

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