Posts tagged Petroleum
Algerian oil minister optimistic about OPEC meeting
Feb 14th
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All options are open at the next meeting of the Organization of Petroleum Exporting Countries (OPEC) in March, Algerian Energy and Mines Minister Chakib Khelil said on Sunday.
Energy ministers from OPEC, whose 12 members pump more than a third of the world’s oil, meet in Vienna on March 17 to decide whether to change production levels for crude or leave them as they are. More >
Algeria confirms to keep OPEC supply unchanged
Dec 20th
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ALGIERS, Dec. 20 (Xinhua) — The Organization of the Petroleum Exporting Countries (OPEC) is likely to leave the daily production quota of crucial oil unchanged, said Algerian Energy and Mines Minister Chakib Khelil on Sunday.
OPEC’s 12 member countries will hold a meeting on Tuesday at ministerial level in Luanda, the capital of Angola, to discuss the current status of the international oil market and the bloc’s future policies on oil production.
“There will be no change in OPEC supply of crude oil. OPEC will not reduce supply and it will not increase supply,” Khelil said before leaving for Luanda. More >
