Tag: OPEC
Algeria sees state carrier’s losses from coronavirus at $272 million this...
Algeria, already under financial pressure after a fall in energy earnings, expects state carrier Air Algerie’s losses from the coronavirus pandemic to reach 35...
Insight: Funds and refiners ponder oil Armageddon, war on Iran
Oil consuming nations, hedge funds and big oil refineries are quietly preparing for a Doomsday scenario: An attack on Iran that would...
Technocrat “oil man” takes charge of Libya lifeline
Libya's new oil minister is seen as the right kind of technocrat, deeply experienced yet not too closely tied to the former...
Tripoli’s new normal – bickering politicians
Less than a month after Muammar Gaddafi's fall, Tripoli is bustling. Shoppers throng markets. Banks are open. Electricity and water are back,...
Nigeria begins rehab for ex-oil rebels
Nigeria is expected to begin rehabilitating hundreds of former militants in the Niger Delta this week, raising hopes for improved security in...
Algeria to invest to spur no-oil growth
The Algerian cabinet has approved a five-year investment plan worth $286 billion as part of efforts to diversify its economy away from...
Nigeria’s acting leader signs local content oil bill
Nigeria's acting president signed into law an oil industry bill that gives domestic firms priority in the award of oil blocks and...
World oil demand to hit record high this year: IEA
Global oil demand will hit a record high this year, the International Energy Agency (IEA) said, revising up consumption estimates as the...
Nigeria bombing will not stop amnesty programme
Bombing by Nigeria's biggest militant group in its oil delta this week will not derail an amnesty deal meant to restore security...
Oil majors warn Nigeria on planned industry reforms
Nigeria's proposed oil industry reforms could drive away billions in investment, slow development of deep water reserves, and help Angola eclipse it...
Jonathan hopeful on Niger Delta peace
Nigeria's Acting President Goodluck Jonathan expects swift progress reviving an amnesty programme in the oil-producing Niger Delta and recent talks with militants...
All options open at OPEC meeting: Algeria oil minister
All options are open at the next meeting of the Organization of Petroleum Exporting Countries (OPEC) in March, Algerian Energy and Mines...
Nigeria oil reform must benefit communities: governor
Nigeria's plans to overhaul its energy sector must result in a fairer deal for communities in the Niger Delta if there is...