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Algeria OPEC News. Service for global professionals. Constantly updated news and information about Algeria.
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Latest Algeria OPEC News

  • Falling Venezuelan oil exports to the US 4 Jan 2010 19:50 GMT
    ... third oil supplier to the United States OPEC members reduced their exports to the US ... to meet production cuts agreed within the Organization of the Petroleum Exporting Countries (OPEC) to curb the fall in oil ... less than 5 million bpd in September. Algeria, Kuwait, Nigeria, Saudi Arabia and Venezuela are ...

  • Venezuelan oil exports to the United States fall by 16 percent 4 Jan 2010 17:10 GMT
    ... third oil supplier to the United States OPEC members reduced their exports to the US ... to meet production cuts agreed within the Organization of the Petroleum Exporting Countries (OPEC) to curb the fall in oil ... less than 5 million bpd in September. Algeria, Kuwait, Nigeria, Saudi Arabia and Venezuela are ...

  • Blanket airport security: a charade and distraction from the real task 1 Jan 2010 18:16 GMT
    ... Development Bank, the International Monetary Fund, the OPEC and the EU. Yemen’s debt for the ... place with Yemen owing Saudi, Kuwaiti, Chinese, Algerian, Korean, Polish and Iraqi funds about $836 million. The debt for unidentified sources reached ...

  • Lawmakers seek Algiers Accord amendment 31 Dec 2009 10:15 GMT
    ... members demand the review of the historical Algiers Accord as Iraqi and Iranian experts prepare to meet next month to discuss drawing ... Command Council, and in the presence of Algerian President Houari Boumedienne. The agreement came subsequent ... Boumedienne. The agreement came subsequent of an OPEC summit in the Algerian capital. The agreement ...

  • OPEC basket price continues its rally for 3rd running day 30 Dec 2009 17:33 GMT
    ... VIENNA, Dec 30 (KUNA) -- Organization of the Petroleum Exporting Countries (OPEC) declared here on Wednesday that the basket ... Basket of Crudes (ORB) includes Saharan Blend (Algeria), Iran Heavey (Islamic Republic of Iran), Basra ...

  • Opec to Keep Oil Supply Steady, Price Holds Firm 29 Dec 2009 17:52 GMT
    ... and he sees no need for the Organization of the Petroleum Exporting Countries to adjust supply. Speaking on Sunday, other ... OPEC needed to adjust its supply ceiling. Algerian Energy and Mines Minister Chakib Khelil was ... not increase supply," Khelil told reporters in Algiers before leaving for Luanda. OPEC delegates speaking ...

  • FACTBOX-Nuclear power plans in Africa, Middle East 29 Dec 2009 16:51 GMT
    ... countries across Africa and the Middle East. Algeria aims to build its first commercial nuclear power station by around 2020 and to ... five years after that," he said. The OPEC member has plentiful oil and gas reserves ...

  • Oil steady below $US79, firm dollar offsets stock draw 29 Dec 2009 09:41 GMT
    ... other currencies. A week after the latest OPEC meeting, the United Arab Emirates, among the ... grade. The energy and mines minister of Algeria, another OPEC member, said oil prices are likely to hover between $US70 and $US80 ...

  • Malaysian Tapis leads for six weeks: REVIEW of 13 world oil prices 29 Dec 2009 09:00 GMT
    ... average spot price was observed for the OPEC oil basket -$71.5. OPEC's average sport price ... following 11 grades of oil: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export ...

  • Oil steady below $79 29 Dec 2009 08:11 GMT
    ... other currencies. A week after the latest OPEC meeting, the United Arab Emirates, among the ... grade. The energy and mines minister of Algeria, another OPEC member, said oil prices are likely to hover between $70 and $80 ...

  • Oil steady below $79, firm dollar offsets stock draw 29 Dec 2009 08:11 GMT
    ... other currencies. A week after the latest OPEC meeting, the United Arab Emirates, among the ... grade. The energy and mines minister of Algeria, another OPEC member, said oil prices are likely to hover between $70 and $80 ...

  • Algeria raises 2009 energy income forecast -agency 28 Dec 2009 18:52 GMT
    ... ALGIERS, Dec 28 (Reuters) - Algeria expects to earn at least $42 billion ... African country's foreign oil and gas earnings. OPEC-member Algeria supplies 20 percent of Europe's gas ...

  • OPEC basket price spikes USD 1.53, settles at USD 74.24 pb 28 Dec 2009 12:52 GMT
    ... of the Organization of Petroleum Exporting Countries (OPEC) basket of 12-crudes went up by USD ... Basket of Crudes (ORB) includes Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Islamic Republic of Iran), Basra Light ...


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