LUKoil Considering Iraq Oilfield

LUKoil, Russia's second-biggest crude oil producer, has its sights set on Iraq's northern Kirkuk oil field which straddles the border with the autonomous Kurdish region and is a flashpoint in relations between the two sides, an industry source said Friday. (Reuters)

Mars to Build Plant in Ulyanovsk

Mars Inc. plans to build a plant in Ulyanovsk region to manufacture packaging for pet food, the regional government reported on its website. Investment in the project, which is to be carried out in 2013-2014, will exceed 430 million rubles ($13 million), according to preliminary estimates, Interfax reported. (MT)