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Statoil penalised over Iranian scandal

Norwegian energy company Statoil could be fined 20 million Norwegian kroner ($2.92 million) in relation to a payment it made to a London investment firm for advice on conducting business in Iran.

OM appoints Asia-Pacific head

OM Technology has appointed Paul Bennett as president for the Asia-Pacific region, reports RiskNews' sister publication, Dealing With Technology .

BNP hires in commodity derivatives, following departures

French bank BNP Paribas has made four hires in its commodity derivatives business, following the departure of two senior members of its team last month. In early May Dutch bank ABN Amro hired Wayne Harburn, BNP’s former head of European energy trading,…

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