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 …

Reuters Saudi Arabia’s ACWA Power is expected to offer a hefty spread on its planned $1 billion bond offer, partly because of market volatility since the US elections and a narrowing issuance window, bankers and investors said. ACWA, in which Saudi sovereign entities hold a combined 16.3 percent stake, is set to be the first international bond from the kingdom …

  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 …