Chakib Khelil

GECF Should Emulate OPEC

The club of major gas producers should operate like oil exporters' group OPECOPEC in defending its members against low gas prices, Algerian Energy and Mines Minister Chakib Khelil was quoted as saying on Tuesday. Gas importing...

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Algerian energy chief Khelil calls for OPEC-modelled gas cartel

Algerian Energy minister Chakib Khelil on Tuesday (November 10th) called for the Gas Exporting Countries Forum (GECF) to create a cartel similar to OPEC, APS reported. Speaking on national radio, Khelil said the GECF should...

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Africa: African Oil, Gas, Minerals Trade and Finance Conference opens today

The 13th UNCTAD's African Oil, Gas, Minerals, Trade and Finance Conference, takes off toady in Bamako, Mali with focus on the critical role information can play in the natural-resource sector. High-level officials of African...

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Oil drops to near $79 as hurricane weakens

Oil fell in Asian trade today as investor worries over the potential threat posed by Hurricane Ida to petroleum installations in the Gulf of Mexico subsided. A firmer US currency, which makes dollar-priced crude more expensive...

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Oil down in Asia as Hurricane Ida worries ease

Oil fell in Asian trade today as investor worries over the potential threat posed by Hurricane Ida to petroleum installations in the Gulf of Mexico subsided. A firmer US currency, which makes dollar-priced crude more expensive...

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New climate taxes would affect OPEC-Algeria

ALGIERS, Nov 8 (Reuters) - OPEC is worried about the possibility of new taxes being imposed on oil and gas by world leaders at their summit on climate change scheduled for next month in Copenhagen, Algerian Energy and Mines...

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Africa: Countries Export 864.9 Million Barrels in September

Nigeria and other members of the Organisation of the Petroleum Exporting Countries (OPEC) exported crude oil, which averaged 28.83 million barrels per day (b/d), totalling 864.9 million barrels in September.

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Platts Survey: OPEC Oil Output Rises to 28.83 Million Barrels per Day in September / September...

LONDON, Oct. 8 /PRNewswire/ -- The Organization of the Petroleum Exporting Countries (OPEC) crude oil production averaged 28.83 million barrels per day (b/d) in September, up 40,000 b/d from August's 28.79 million b/d, a Platts...

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UPDATE 2-GDF Suez hopes to enter Nord Stream by year end

By Robert Campbell BUENOS AIRES, Oct 7 (Reuters) - France's GDF Suez hopes to wrap up talks to join the Nord Stream natural gas pipeline by the year end and sees no obstacles to completing the transaction on time, a senior...

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NYMEX-Crude ends 2 pct off as fuel supplies swell

NEW YORK, Oct 7 (Reuters) - U.S. crude oil futures ended nearly 2 percent lower on Wednesday, weighed down by government data showing larger-than-expected supply increases in gasoline and distillate fuels last week. Traders...

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