Chad being 'cheated of oil dues'
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Chad says a US-Malaysian consortium is  failing to pay market rates in royalties for oil it extracts.
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Iraq said it wanted its money  back from the scandal-tainted U.N. oil-for-food program on  Friday as Secretary-General Kofi Annan vowed to get to the  bottom of wrongdoing by U.N. staff.
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France's BNP Paribas received hundreds of millions of dollars from the scandal-plagued UN Oil-for-Food program in Iraq, while possibly ignoring rampant abuses in the program, a top US lawmaker charged.
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One of French aid workers in Chad who denies abducting children tells a court they were misled by intermediaries.
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PARIS -- Allegations that French companies illicitly reaped financial benefits from the UN oil-for-food program are ''inaccurate&quot; and unsubstantiated, France said yesterday in a sharp response to a US arms inspector's report.
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A scandal around the dumping of oil   waste blamed for eight deaths in Ivory Coast has given rare   insight into the world's murky trade in waste, much of it   toxic, in defiance of global trade laws.
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The U.N.-ordered probe into oil-for-food corruption is being seriously hampered by an elaborate system of ghost firms set up around the world to cover the tracks of bribes to Saddam Hussein as he cheated the &#36;60 billion program, a top investigator said.
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GENEVA -- The United Nations probe into oil-for-food corruption is being seriously hampered by a web of ghost firms set up around the world to cover the tracks of bribes to Saddam Hussein as he cheated the $60 billion program, a top investigator said.
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The two rebel groups fighting in Sudan&#39;s Darfur region have been accused by Chad of stalling the peace process. Disagreements within the two groups had made it very difficult for the government
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LONDON, Oct 20 (IPS) - Oil-producing countries are among the most   corrupt, a new survey by Transparency International shows.
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President Idriss Deby says Chad must have a 60% share in oil output, amid a row with foreign firms.
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It appears that yet another muscular government is having its way with Western oil companies.
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The oil company Total named Christophe de Margerie, formerly the companyâs No. 2 executive, as its chief. Mr. de Margerie is under investigation in France over a possible plan to pay foreign officials for the right to drill in their countries, linked to the oil-for-food program for Iraq. Total, following the footsteps of several big French companies, announced last year that it would split the jobs of chief executive and chairman, leaving Thierry Desmarest, who currently holds both posts, as chairman only. Mr. de Margerie, left, currently head of the exploration and production division, has worked for Total for more than 30 years. The French authorities placed him under investigation in October for âcomplicity in the abuse of company goodsâ and âcomplicity in corrupting foreign officials.â Total insists it has abided by the rules of the United Nations oil-for-food program, which allowed Saddam Hussein to sell oil in exchange for humanitarian goods.
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The spike in oil prices in recent months is stoking heated arguments between market players, who blame each other for the lack of production capacities that has been exposed by strong global demand.
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An energy-trading company said Wednesday that it did not pay kickbacks to Saddam Hussein's  government from contracts it received to sell some 8 million barrels of Iraqi crude oil between 1997 and 2001 under the United Nations' oil-for-food program.
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An Australian judge has accused the country's monopoly wheat exporter of dishonesty and trickery in its dealings with the United Nations over the Iraq oil-for-food scandal.
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Internal audits conducted by the United Nations of its oil-for-food program revealed lapses in U.N. oversight that allowed contractors to overcharge by hundreds of thousands of dollars, according to copies obtained by The Associated Press.