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Latest Algeria OPEC News

  • Increasing Associated Gas Utilization in Russia Requires Comprehensive Measures, GGFR Study Shows 23 Jul 2008 18:56 GMT
    ... Russia, Nigeria, Iran, Iraq, Angola, Venezuela, Qatar, Algeria, the United States, Kuwait, China, Indonesia, Kazakhstan, Equatorial Guinea, Libya, Brazil and Mexico. ... ENI, ExxonMobil, Marathon Oil, Shell, StatoilHydro, TOTAL; OPEC Secretariat, European Union, the World Bank and ...

  • Commentary: Biofuels and the global food crisis - who is to blame? 23 Jul 2008 13:16 GMT
    ... began a weeklong tour, stopping in Morocco, Algeria and Tunisia, during which they discussed a set of commercial agreements that will boost ... new plants, offsetting the international dependence on OPEC (U.S. Energy Information Administration). As ethanol increasingly ...

  • Biofuels and the global food crisis - who is to blame? 23 Jul 2008 12:35 GMT
    ... began a weeklong tour, stopping in Morocco, Algeria and Tunisia, during which they discussed a set of commercial agreements that will boost ... new plants, offsetting the international dependence on OPEC (U.S. Energy Information Administration). As ethanol increasingly ...

  • OPEC MEMBERS HAVE "CONSIDERABLE SURPLUS" IN OIL PRODUCTION CAPACITY -- KHELIL 23 Jul 2008 01:31 GMT
    ... OPEC MEMBERS HAVE "CONSIDERABLE SURPLUS" IN OIL PRODUCTION ... SURPLUS" IN OIL PRODUCTION CAPACITY -- KHELIL ALGIERS, July 23 (NNN-APS) -- Members of the Organization of Oil Producing Countries (OPEC) have a ... OPEC President Chakib Khelil. Khelil, who is Algeria's Energy and Mines Minister, says OPEC defines ...

  • Iran Will Oppose Hike In Crude Output 22 Jul 2008 20:50 GMT
    ... was opposed to any proposal by the Organization of the Petroleum Exporting Countries, or OPEC, to increase crude output at its scheduled ... Kuwait, Qatar, the United Arab Emirates, Libya, Algeria, Nigeria, Angola, Venezuela and Ecuador. Recently, Indonesia ...

  • Medvedev says Opec-style gas cartel remains a possibility 22 Jul 2008 14:53 GMT
    ... Medvedev says Opec-style gas cartel remains a possibility BARVIKHA, Russia ... gas, including Iran, Russia, Qatar, Venezuela and Algeria, it has no official statute, charter or fixed membership structure. Gas-consuming countries fear the creation ...

  • Wish to be Poor and Unemployed? Support Military Attacks on Iran 22 Jul 2008 10:15 GMT
    ... historic lows, because Iraq will leave the OPEC and drown the world in its oil. ... price of oil rising to $130/barrel. As Algeria's energy Minister, Chakib Khelil, said, each time the dollar falls 1 percent, the ...

  • Oil rises as Dolly heads for Texas 22 Jul 2008 09:31 GMT
    ... Growing worries over the health of the U.S. ... be no need for a cut in OPEC output when the group meets in Sept ... a further meeting on Dec 17 in Algiers. Tensions over Iran's nuclear enrichment programme also continued to lend support. U.S. Secretary ...

  • Oil Rises Above $131 as Dolly Heads for Texas 22 Jul 2008 09:25 GMT
    ... But forecasters still expected it to grow into a ... be no need for a cut in OPEC output when the group meets in Sept ... a further meeting on Dec 17 in Algiers. Tensions over Iran's nuclear enrichment programme also continued to lend support. U.S. Secretary ...

  • Oil eases as Dolly unlikely to hit U.S. production 22 Jul 2008 09:15 GMT
    ... Oil rises as Dolly heads for Texas LONDON (Reuters) ... be no need for a cut in OPEC output when the group meets in Sept ... a further meeting on Dec 17 in Algiers. Tensions over Iran's nuclear enrichment programme also continued to lend support. U.S. Secretary ...

  • OPEC to meet in Algeria Dec 17 22 Jul 2008 09:15 GMT
    ... DUBAI, July 22 (Reuters) - The Organization of the Petroleum Exporting Countries (OPEC) will hold an extraordinary ministerial meeting in Algeria on December 17, OPEC sources said on Tuesday. Algeria's oil minister is the current ...

  • Oil Rebounds Toward $132; Dolly in Focus 22 Jul 2008 09:13 GMT
    ... But forecasters still expected it to grow into a ... be no need for a cut in OPEC output when the group meets in Sept ... a further meeting on Dec 17 in Algiers. Tensions over Iran's nuclear enrichment programme also continued to lend support. U.S. Secretary ...

  • Iran opposes OPEC oil output hike 22 Jul 2008 08:18 GMT
    ... Iran, the number two oil producer in OPEC, reaffirmed on Tuesday that it was against ... regular meeting on September 9 in Vienna. Algerian Energy Minister and President Chakib Khelil said on Monday that OPEC states possess ...

  • OPEC strives to maintain stability of oil markets 22 Jul 2008 07:07 GMT
    ... of the Organization of Petroleum Exporting Countries (OPEC) said Monday that the organization is striving ... oil markets. Chakib Khelil, who is also Algeria's energy and mining minister, said OPEC has mapped out medium- and long-term strategies and ...

  • OPEC President: Sufficient Extra Capacity to Meet Any Demand Surge 22 Jul 2008 04:30 GMT
    ... OPEC President: Sufficient Extra Capacity to Meet Any ... Dow Jones Newswires Monday, July 21, 2008 ALGIERS (Dow Jones Newswires), July 21, 2008 OPEC has sufficient excess capacity to meet any ... Chakib Khelil said Monday. Khelil, who is Algeria's oil minister, said members of the Organization ...

  • OPEC has sufficient excess capacity to meet demand - Khelil 21 Jul 2008 18:56 GMT
    ... excess capacity to meet demand - Khelil ALGIERS (Thomson Financial) - OPEC has sufficient excess ... capacity to meet any surge in demand, Algerian Energy Minister and Organization of the Petroleum Exporting Countries President Chakib Khelil said Monday. "The countries ...

  • Algeria says H1 trade surplus up 51 pct 21 Jul 2008 16:12 GMT
    ... OPEC-member Algeria posted a $22.62 billion trade surplus in the first six months of 2008, a rise of 51.07 percent versus $14.98 billion in ...

  • Petrol price may drop by 20c/l 21 Jul 2008 15:12 GMT
    ... price was reduced by 10 c/l. The OPEC Reference Basket (ORB) of 13 crude oils ... of the following crude oils: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Minas (Indonesia), Iran Heavy (Islamic Republic of Iran), ...

  • Petrol price cut possible 21 Jul 2008 14:13 GMT
    ... price was reduced by 10 c/l. The Opec Reference Basket of 13 crude oils saw ... of the following crude oils: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Minas (Indonesia), Iran Heavy (Islamic Republic of Iran), ...

  • Petrol price may drop by 20c/l  21 Jul 2008 13:52 GMT
    ... price was reduced by 10 c/l. The OPEC Reference Basket (ORB) of 13 crude oils ... of the following crude oils: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Minas (Indonesia), Iran Heavy (Islamic Republic of Iran), ...

  • Venezuela's Chavez seeks arms deals in Russia 21 Jul 2008 12:31 GMT
    ... are interested in boosting trade with the OPEC member. Chavez told Itar-Tass news agency he ... concerns over late deliveries and price rises. Algeria earlier this year sent back 15 MiG warplanes, citing quality problems. Local media said Russia ...

  • OPEC basket price falls below $128 a barrel 21 Jul 2008 11:32 GMT
    ... OPEC basket price falls below $128 a barrel ... made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Minas (Indonesia), Iran Heavy (Islamic Republic of Iran), ...

  • KSA move to boost oil output draws opposition 20 Jul 2008 06:56 GMT
    ... Saudi Arabia has broken ranks with fellow OPEC members by offering to boost oil production ... "not a problem of supply". Chekib Khelil Algeria's oil minister and current head of OPEC, echoed his remarks. He described the Saudi move ...

  • OAPEC SECRETARY-GENERAL MEETS OPEC PRESIDENT IN ALGERIA 20 Jul 2008 05:27 GMT
    ... OAPEC SECRETARY-GENERAL MEETS OPEC PRESIDENT IN ALGERIA ALGIERS, July 20 (NNN-KUNA) -- Secretary-General of the Organization of Arab Petroleum Exporting Countries (OAPEC) Abbas Ali Taqi made a visit ...

  • Merkel seeks deeper energy ties in Algeria 20 Jul 2008 04:29 GMT
    ... Merkel seeks deeper energy ties in Algeria Merkel pushed for closer commercial ties in talks with Bouteflika German Chancellor Angela Merkel ... Bouteflika today, on a visit to the OPEC member country aimed at diversifying energy supplies. ...


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