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Shell considers selling its Iraq oil assets

  Reuters Royal Dutch Shell is considering selling out of its oil fields in Iraq as part of its global $30 billion asset disposal programme, industry sources said. Shell is seeking to slim down its vast oil and gas portfolio following the $54 billion acquisition of BG Group in February, which transformed it into the world’s top liquefied natural gas ...

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Moroccan phosphate producer to raise $500mn in domestic bond issue

  Reuters Morocco’s Cherifien des Phosphates (OCP), one of the world’s biggest phosphate producers, plans to issue 5 billion dirhams ($495 million) of domestic perpetual bonds, the stock exchange regulator said. State run OCP, a major earner of foreign currency for Morocco, has been increasing output to help offset a slide in prices and aims to produce 47 million tonnes ...

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