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Algeria's Bouteflika dissolves DRS spy unit, creates new agency - sources

ALGIERS, Jan 25 (Reuters) - Algerian President Abdelaziz Bouteflika has dissolved the long-standing military spy directorate known as the DRS, creating a new agency under the control of the presidency in another step to ease the military out of politics, security sources said.

The 2016 Global PV Outlook: US, Asian Markets Strengthened by Policies to Reduce CO2

Global solar installations will reach 64.7 GW in 2016 according to to Mercom Capital Group, a clean energy communications and research firm based in Texas.

UPDATE 1-Iranian president flies to Europe, mega business deals readied

* Italian oil, steel firms line up for major contracts (Recasts, adds details)

Asia Gasoline-Pakistan to pay more for Feb-Mar cargoes vs Dec-Jan

SINGAPORE, Jan 25 (Reuters) - Pakistan State Oil (PSO) is set to buy a total of 350,000 tonnes of gasoline for February to March delivery at $87 to $89 a tonne above Middle East naphtha quotes on a cost-and-freight (C&F) basis, industry sources familiar with the matter said on Monday.

COLUMN-Oil volatility surges as hedge funds lighten record short positions: Kemp

LONDON, Jan 25 (Reuters) - Hedge funds had covered only a small part of their record short position in crude oil by early last week, but it was still enough to send prices surging more than $6 higher over the course of Thursday and Friday.

OPEC evaluating need for extraordinary meeting - Qatar

LONDON, Jan 25 (Reuters) - OPEC is still evaluating the need for an extraordinary meeting after receiving a request to hold such a gathering because of a steep fall in oil prices, Qatar's energy minister Mohammed al-Sada said on Monday.

UPDATE 7-Oil falls 3 percent on swelling oversupply

* Oil prices to balance at moderate levels - Aramco chairman (Adds Iraq details, ICE data, updates prices)

UPDATE 1-India, France sign Rafale fighter plane accord but haggle over price

* Nuclear reactor deal within a year (Adds plane-maker comment, nuclear details)

UPDATE 1-Halliburton profit better-than-expected on cost cuts

Jan 25 (Reuters) - Halliburton Co, the world's No.2 oilfield services provider, reported a better-than-expected quarterly adjusted profit as deep cost cuts helped offset the impact of a drop in drilling activity.

Mega deals announced as Iranian president travels to Italy

ROME, Jan 25 (Reuters) - Italy is poised to sign deals worth up to 17 billion euros ($18.4 billion) with Iran during President Hassan Rouhani's visit to Rome, which started on Monday, a government source said.

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