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OPEC News

News on OPEC (Organization of the Petroleum Exporting Countries) continually updated from thousands of sources around the net.

17 hrs ago | Reuters

India to make May-July oil payments to Iran - sources

India is set to pay Iran $1.65 billion over the next three months under an interim nuclear deal that eases sanctions on Tehran and gives it access to $4.2 billion in blocked funds, four sources with knowledge of the matter said.

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Related Topix: World News, Oman, Middle East

Tue Apr 22, 2014

National Public Radio

Amnesty: Qatar Fails To Protect Domestic Workers

An international human rights group has slammed Qatar for failing to protect foreign maids and other domestic workers from exploitation, adding pressure on the Gulf state over its labor practices as it gears up to host the 2022 World Cup.

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Related Topix: Activism

AlertNet

Libya starts voter registration for general elections

Libya will start registering voters for general elections, officials said on Tuesday, in the first concrete step indicating a vote will take place later this year.

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Related Topix: Muammar Gaddafi (Gadhafi), Shade, OH, World News

Reuters

Exclusive: Nigeria favors local firms in $40 billion oil contract awards

Nigeria has awarded most of its long-term oil contracts worth an estimated $40 billion a year to local companies, according to a confidential list seen by Reuters, meaning global traders need to partner with them to access crude from Africa's top producer.

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Related Topix: World News

Emirates News Agency

OPEC daily basket price stood at USD105.34 a barrel Monday

WAM VIENNA, 22nd April, 2014 --The price of OPEC's basket of twelve crudes stood at US$ 105.34 a barrel on Monday, compared with $105.53 last Thursday, according to OPEC Secretariat calculations.

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Related Topix: World News, Middle East, Iran

Nerve News

OPEC daily basket price closes tad lower

Vienna, April 22 - The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries - stood at $105.34 a barrel Monday, against $105.53 last Thursday, according to the OPEC Secretariat.

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Related Topix: World News

Mon Apr 21, 2014

Malaysian National News Agency

OPEC Aid Agency Grants Cuba US$50 Million

The aid arm of the Organization of Petroleum Exporting Countries has agreed to grant Cuba 50 million U.S. dollars over the next few years to renovate infrastructure and boost agriculture, state daily Granma reported.

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Related Topix: World News, Thailand,

The Globe and Mail

Canada wins, OPEC loses in post-shale U.S. oil market

A worker collects a crude oil sample at an oil well operated by Venezuela's state oil company PDVSA in 2011.

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Related Topix: World News

CSP

Crude Oil Lundberg Survey

The U.S. average retail price of gasoline moved up another 8.53 cents per gallon in the past two weeks, to $3.6918, according to the most recent Lundberg Survey of approximately 2,500 U.S. gas stations.

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Related Topix: World News

Sun Apr 20, 2014

Sunherald.com

Emirati firm promises to send citizen into space

In this Wednesday, Sept. 25, 2013 file photo SpaceShipTwo is seen mounted under its mother ship White Knight with its support crew at a Virgin Galactic hangar at Mojave Air and Space Port in Mojave, California.

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Related Topix: World News, United Arab Emirates, Middle East, Mojave, CA,

Reuters

UPDATE 1-Militants kill 11 Algerian soldiers in ambush

Islamic militants have killed at least 11 Algerian soldiers in an ambush on a patrol in mountains east of the capital Algiers, a security source said on Sunday, in one of the deadliest attacks on the military in years.

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Related Topix: World News, Algeria, Africa, Abdelaziz Bouteflika

Sat Apr 19, 2014

Emirates News Agency

Law to rationalise energy sources in pipeline, says Energy Minister

WAM ABU DHABI, 19th April, 2014 --xxxx. $10. Al Mazrouei added, "When the oil prices were lower, the burning of oil or diesel was an option for old fuel station, but with environment effect and higher prices, the use of diesel has become the last option and expensive for generation of energy.

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Related Topix: World News, Middle East, United Arab Emirates

Al Jazeera

Maduro marks one year in office amid turmoil

Venezuelan President Nicolas Maduro is completing one year in office as he grapples with a series of violent protests and attempts to keep up his predecessor's, Hugo Chavez, socialist legacy in the oil-rich nation.

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Related Topix: Hugo Chavez, World News

Fri Apr 18, 2014

The Star Online

Algeria's ailing Bouteflika wins re-election

Algerian President Abdelaziz Bouteflika, the independence veteran in power for 15 years, won re-election on Friday with more than 80 percent of a vote opponents dismissed as fraud to keep an ailing leader in power.

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Related Topix: World News, Algeria, Africa, Abdelaziz Bouteflika, Canada

Thu Apr 17, 2014

Detroit News

Powell: America must start thinking beyond energy independence

When President Barack Obama was elected in 2008, energy independence was considered impossible, with imported oil accounting for 66 percent of the oil refined in the U.S. That predicament was a troublesome weak link in U.S. national security.

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Related Topix: World News, Opinion

Lincoln Daily News

Brent oil rises close to $110 on Ukraine tension; U.S. oil unmoved

B rent crude rose toward $110 a barrel on Wednesday on mounting tensions in Ukraine, while prices for U.S. oil were nearly unchanged after a report showed a huge build in stockpiles, which canceled out geopolitical concerns.

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Related Topix: Texas, World News

Reuters

Algeria's Bouteflika poised to win re-election

Algerians voted on Thursday in an election President Abdelaziz Bouteflika is expected to win after 15 years in power, despite speaking only rarely in public since suffering a stroke in 2013.

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Related Topix: Algeria, Africa, World News, Abdelaziz Bouteflika

Iol.co.za

Bouteflika poised to win re-election

Algerians voted on Thursday in an election President Abdelaziz Bouteflika is expected to win after 15 years in power, despite speaking only rarely in public since suffering a stroke in 2013.

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Related Topix: Algeria, Africa, World News, Abdelaziz Bouteflika

MacLeans

Lessons on energy for Harper in 2014 from Jimmy Carter in 1979

Today, former US President Jimmy Carter signed his name to a letter opposing the Keystone XL pipeline .

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Related Topix: World News, Stephen Harper

AlertNet

Students give Easter twist to dwindling Venezuela protests

Venezuelan students are marching barefoot, building crucifixes and planning to burn effigies of President Nicolas Maduro to try and breathe new life into their protest movement over Easter.

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Related Topix: South America, World News, Venezuela, Hugo Chavez

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