Energy Update
MILAN, March 23 (Reuters) - Saras shares jumped to a 42-month high on Monday on speculation Rosneft might raise its stake in the Italian refiner, lured by rising margins in the industry and after cashing in on another investment in Italy.
The debate over expanding US crude exports comes as the American fossil fuel industry finds itself in the midst of a "body swap" movie: policy has not kept pace with a radical change.
ALGIERS, March 23 (Reuters) - Algerian authorities temporarily evacuated nearly 100 Turkish construction workers from a roadway project east of Algiers as a precaution after a threat from militants affiliated with Islamic State, security sources said on Monday.
March 23 (Reuters) - The U.N. nuclear watchdog chief said on Monday the agency still was not able to conclude whether all nuclear material in Iran was being used for peaceful purposes.
ALGIERS, March 23 (Reuters) - Algerian authorities temporarily evacuated nearly 100 Turkish construction workers from a roadway project east of Algiers as a precaution after a threat from militants affiliated with Islamic State, security sources said on Monday.
WASHINGTON, March 23 (Reuters) - A former executive at Bechtel Corp was sentenced to 3-1/2 years in prison on Monday for accepting $5.2 million in kickbacks for state-run power contracts in Egypt.
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