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Algeria Oil & Gas News. Service for global professionals. Constantly updated news and information about Algeria.
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Latest Algeria Oil & Gas News

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  • Oil falls to near $73 in Europe as OPEC indicates no change in output, dollar strengthens (Oil-Prices) 22 Dec 2009 15:09 GMT
    ... Oil falls to near $73 in Europe as ... cents at $72.47. The 12-member Organization of Petroleum Exporting Countries, which accounts for about 35 ... cartel´s leaders said. Oil ministers from Angola, Algeria, the United Arab Emirates and Libya all ...

  • Oil prices fall before OPEC supply decision 22 Dec 2009 14:00 GMT
    ... The 12-member Organization of Petroleum Exporting Countries, which accounts for about 35 ... unchanged, several of the cartel's leaders said. Oil ministers from Angola, Algeria, the United Arab Emirates and Libya all ...

  • CNOOC, PTTEP Algeria OKed to Explore Algeria Oil Block 23 Dec 2009 13:21 GMT
    ... CNOOC, PTTEP Algeria OKed to Explore Algeria Oil Block BEIJING, Dec 23, 2009 (SinoCast Daily ... Petrochemical Corporation (Sinopec Group) and China National Petroleum Corporation (CNPC), separately cut in the Algerian ...

  • CNOOC consortium wins permit to develop oil and gas in Algeria, report 22 Dec 2009 15:57 GMT
    ... CNOOC consortium wins permit to develop oil and gas in Algeria, report BEIJING, Dec 22, 2009 (Xinhua via COMTEX News Network) -- A consortium lead ...

  • OPEC teams briefs Angolan President on oil market, ministerial meeting 23 Dec 2009 03:50 GMT
    ... Ministers from the Organization of Petroleum Exporting Countries (OPEC) met with Angolan President ... to brief the leader on the world oil markets and the ongoing 5th OPEC ministerial ... 1 this year. Currently OPEC groups Angola, Algeria, Libya, Nigeria, Venezuela, Ecuador, Saudi Arabia, United ...

  • Oil Rises After Nigeria, Iraq Attacks, US Dollar Pares Gains 21 Dec 2009 14:34 GMT
    ... Dec. 21 (Bloomberg) -- Crude oil rose after attacks on production facilities in ... 1:16 p.m. London time. The Organization of Petroleum Exporting Countries has a consensus on “no ... as the global economy mends. Officials from Algeria, Kuwait, Libya and Qatar have said they ...

  • Oil at $74 as OPEC keeps output steady 22 Dec 2009 11:35 GMT
    ... LONDON (Reuters) - Oil slipped toward $73 per barrel on Tuesday ... unchanged and meet again on March 17, Algerian Oil Minister Chakib Khelil said. The deal ... oil output by the Organization of the Petroleum Exporting Countries, excluding Iraq, at 24.84 million ...

  • Oil slips towards $73 after OPEC rollover 22 Dec 2009 11:40 GMT
    ... LONDON (Reuters) - Oil slipped toward $73 per barrel on Tuesday ... unchanged and meet again on March 17, Algerian Oil Minister Chakib Khelil said. The deal ... oil output by the Organization of the Petroleum Exporting Countries, excluding Iraq, at 24.84 million ...

  • Oil at $73 after OPEC rollover 22 Dec 2009 11:56 GMT
    ... LONDON (Reuters) - Oil slipped toward $73 per barrel on Tuesday ... unchanged and meet again on March 17, Algerian Oil Minister Chakib Khelil said. The deal ... oil output by the Organization of the Petroleum Exporting Countries, excluding Iraq, at 24.84 million ...

  • Oil firm above $73 on pipeline incidents, cold weather 21 Dec 2009 17:12 GMT
    ... NEW YORK (Reuters) - Oil prices held firm above $73 a barrel ... Tuesday's meeting of the Organization of the Petroleum Exporting Countries in Luanda, Angola on Tuesday. ... is right. His view was echoed by Algerian Energy and Mines Minister Chakib Khelil and ...

  • Oil firm above $73 on pipeline incidents, weather 21 Dec 2009 17:55 GMT
    ... Tuesday's meeting of the Organization of the Petroleum Exporting Countries in Luanda, Angola on Tuesday. ... carried out their first attack on an oil pipeline since the government offered them amnesty ... is right. His view was echoed by Algerian Energy and Mines Minister Chakib Khelil and ...

  • Oil Rebound Keeps Most-Accurate Forecasters Bullish 21 Dec 2009 17:15 GMT
    ... 9 percent of market levels, now say oil will average $92.50 and $88, respectively, in ... World War II, while the Organization of Petroleum Exporting Countries caps output, Wittner and Loacker ... change” to quotas, OPEC Secretary-General Members from Algeria, Kuwait, Libya and Qatar have also signaled ...

  • OPEC expected to hold steady; '10 rally predicted 21 Dec 2009 18:21 GMT
    ... Oil's biggest annual rally since 1999 is poised ... World War II, while the Organization of Petroleum Exporting Countries caps output, Wittner and Loacker ... told reporters in Luanda today. Members from Algeria, Kuwait, Libya and Qatar have also signaled ...

  • Angola's contribution at oil market critical time 22 Dec 2009 13:41 GMT
    ... Angola's contribution at oil market critical time Luanda – Angola is ... the rotating presidency of OPEC (Organisation of Petroleum Producing Countries) to Ecuador, at the end ... of OPEC on December 17, 2008, replacing Algeria. The OPEC member countries, totalling 12, make ...

  • OPEC Holds Quotas Steady, Seeks Better Compliance 22 Dec 2009 14:33 GMT
    ... Algerian Energy Minister Chakib Khelil (Click to Enlarge) ... Jones), Dec. 22, 2009 The Organization of Petroleum Exporting Countries officially agreed Tuesday in its ... has left its production target unchanged. OPEC oil ministers had said ahead of the meeting ...


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