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Congo opposition to run against Sassou Nguesso in March polls

BRAZZAVILLE, Jan 14 (Reuters) - Congo Republic's opposition has conditionally agreed to run against President Denis Sassou Nguesso in an election in March, even though it is widely seen as unlikely to secure what would be the first change in leadership in nearly 20 years.

UPDATE 2-Major oil pipeline hit by blast south of Libya's Ras Lanuf, NOC says

(Adds abduction of Libyan workers) By Ahmed Elumami and Ayman al-Warfalli TRIPOLI, Jan 14 (Reuters) An explosion hit a major oil pipeline south of the Libyan terminal of Ras Lanuf overnight between Wednesday and Thursday, a spokesman for Libya's National Oil Corp (NOC) said.

Oil-rich Congo's Sassou to boost budget in election year

BRAZZAVILLE, Jan 14 (Reuters) - Congo Republic plans to increase its budget by more than a third this year despite low oil prices, according to a draft report seen by Reuters, as President Denis Sassou Nguesso aims to win favour ahead of an expected bid to prolong his 31-year rule.

Nigeria's Delta amnesty programme to continue for at least 1 year

ABUJA, Jan 14 (Reuters) - Nigeria's amnesty programme for former Niger Delta militants will continue for at least another year contrary to expectations that it was due to be shut down, a programme spokesman said on Thursday.

Turkish scrap imports kick off 2016 on an upbeat note, but headwinds persist

Vaseem Karbhari explores the market fundamentals underpinning a rise in Turkish scrap prices and how the health of Asian steel markets could hold the key to how they perform during 2016.

UPDATE 1-Russia says oil fall means market balance may take longer

MOSCOW, Jan 14 (Reuters) - Russia said it could take longer than it had previously forecast for the global oil market to reach a balance between demand and supply after crude prices plunged to $30 per barrel.

Venezuelan businessman to be sent to Texas for U.S. corruption case

MIAMI, Jan 14 (Reuters) - A judge in Miami on Thursday ordered the transfer to Texas of a Venezuelan businessman accused by U.S. prosecutors of taking part in a $1 billion conspiracy to pay bribes to obtain contracts from Venezuela's state oil company.

Sustainable Development in the Arctic

How do we ensure that the Arctic is developed in a sustainable manner? While many approach the Arctic as a place that must be preserved and protected, indigenous peoples in the area, along with many corporations, would like to see the development of Arctic resources.

Major oil pipeline hit by blast south of Libya's Ras Lanuf terminal - NOC

Jan 14 (Reuters) - An explosion hit a major oil pipeline south of the Libyan terminal of Ras Lanuf overnight between Wednesday and Thursday, a spokesman for the Libya's National Oil Corp said.

Azerbaijan lowers price of flour after currency slide

BAKU, Jan 14 (Reuters) - Azerbaijan's government on Thursday ordered a cut in the price of flour after a steep fall in the value of the national currency, the manat, forced up the cost of living and sparked protests in some regions.

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