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US Urges Social Media Platforms To Block Iran Officials

The US State Department on Saturday called on Facebook, Instagram and Twitter to suspend the accounts of Iranian government leaders until Tehran re-establishes internet coverage throughout the riot-torn country.

The government imposed a near-total Internet blackout more than a week ago amid violent protests.

“It is a deeply hypocritical regime,” Brian Hook, special US representative for Iran, said in an interview with Bloomberg posted on the official State Department Twitter account.

“It shuts down the internet while its government continues to use all of these social media accounts.

“So one of the things that we are calling on are social …

Total Plans To Sell Stake In Nigerian Oil Block

Total Plans To Sell Stake In Nigerian Oil Block

French oil major, Total is seeking to sell its 12.5 percent stake in the giant Bonga deepwater oilfield off the coast of Nigeria, in an effort to adjust the energy company’s Africa portfolio amid a broad expansion.

Reuters quoted banking and industry sources as saying that the stake in Oil Mining Lease (OML) 118, which is located some 120 kilometres (75 miles) off the Niger Delta, is valued at up to $750 million.

Investment bank, Rothschild, is said to be running the sale process for the oil major.
Rothschild and a spokeswoman for Total declined to comment.

OML 118 is …