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Africa Oil & Gas Demand News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Africa Oil & Gas.
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Latest Africa Oil & Gas Demand News

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  • Arab OPEC members agree to maintain production 6 Dec 2009 03:52 GMT
    ... support for maintaining production quotas, saying the oil price is satisfactory and the market is ... 30 dollars after a sharp decline in demand due to the global financial crisis. Oil ... above 80 dollars a barrel before easing. Crude prices tumbled Friday in volatile trade, succumbing ...

  • OPEC should stay cautious, nurture economy 6 Dec 2009 01:36 GMT
    ... it meets this month to decide its oil output policy as it needs to balance ... rather than a tighter oil supply and demand balance. OPEC agreed to curb its output ... about the impact efforts to curb fossil fuel use could have on their economies. Kyoto ...

  • Int'l oil investment shrinks 20% amid financial crisis: OAPEC 6 Dec 2009 03:10 GMT
    ... Oil ministers of the Organization of Arab Petroleum ... The participants also welcomed the International Atomic Energy Agency (IAEA)'s forecast that oil will remain ... for several decades, and that the international demand for oil will increase from 85 million ...

  • New Zealand - A very important speech by farm boss Don nicolson 6 Dec 2009 00:31 GMT
    ... to ban trout farming. I ask why? Demand for fish protein is set to surge ... its infancy, yet the skills developed for oil and gas exploration are being applied. New Zealand has ...

  • TBS International Limited Shareholders Approve Change in Place of Incorporation 6 Dec 2009 04:31 GMT
    ... anticipated benefits for TBS; -- changes in demand for the company's services, which are increasingly ... changes in production of or demand for oil and petroleum products, crew wages, insurance, provisions, repairs and ...

  • Saudi minister calls current oil prices of around $75 ''perfect'' (ML-Mideast-Oil) 5 Dec 2009 17:04 GMT
    ... Saudi minister calls current oil prices of around $75 ''perfect'' (ML-Mideast-Oil) CAIRO, ... roughly 35 per cent of the world´s crude, has held its quotas unchanged since last ... the world´s worst recession in decades sapped demand for crude. The benchmark crude oil contract ...

  • OPEC should maintain output: Arab oil ministers 5 Dec 2009 05:32 GMT
    ... Cairo: Arab oil ministers of OPEC said on Friday that ... when it meets later this month as crude prices are close to the target of ... impact of global economic recovery on oil demand for next year and its influence on ...

  • Current Oil Prices Perfect': Al Naimi 5 Dec 2009 19:56 GMT
    ... CAIRO — Saudi Arabia’s oil minister said on Saturday that current global ... roughly 35 per cent of the world’s crude, has held its quotas unchanged since last ... the world’s worst recession in decades sapped demand for crude. The benchmark crude oil contract ...

  • Saudi hails 'perfect' oil price, stable market 5 Dec 2009 16:15 GMT
    ... Saudi Arabia said on Saturday that oil prices were "perfect" and the global market ... 30 dollars after a sharp decline in demand because of the global financial crisis. Oil ... prices jumped above 80 dollars before easing. Crude prices tumbled on Friday in volatile trade, ...

  • Saudi oil minister calls current global oil prices of around $75 a barrel Â'perfectÂ' 5 Dec 2009 12:18 GMT
    ... Tarek El-Tablawy, THE ASSOCIATED PRESS, cp.org, Saudi oil minister calls current global oil prices of ... roughly 35 per cent of the world's crude, has held its quotas unchanged since last ... the world's worst recession in decades sapped demand for crude. The benchmark crude oil contract ...

  • oil prices 'perfect' 5 Dec 2009 10:56 GMT
    ... Saudi oil minister calls current global oil prices of ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ... the world's worst recession in decades sapped demand for crude. The benchmark crude oil contract ...

  • Saudi oil minister calls current global oil prices of around $75 a barrel ?perfect? 5 Dec 2009 11:58 GMT
    ... Saudi oil minister Ali Al Naimi chairs his delegation ... roughly 35 per cent of the world's crude, has held its quotas unchanged since last ... the world's worst recession in decades sapped demand for crude. The benchmark crude oil contract ...

  • Saudi hails 'perfect' price at Arab oil meeting 5 Dec 2009 23:55 GMT
    ... Top oil exporter Saudi Arabia on Saturday described the ... to raise output for a while, Algerian Energy and Mines minister Chakib Khelil said. "It ... against the risk any rise in oil demand could drive up prices and derail the ...

  • Saudi minister calls current oil prices of around $75 'perfect' 5 Dec 2009 17:18 GMT
    ... Saudi oil minister Ali Al Naimi chairs his delegation ... roughly 35 per cent of the world's crude, has held its quotas unchanged since last ... the world's worst recession in decades sapped demand for crude. The benchmark crude oil contract ...

  • Saudi oil minister: oil prices 'perfect' 5 Dec 2009 10:10 GMT
    ... CAIRO (AP) -- Saudi Arabia's oil minister said current global oil prices are ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ... the world's worst recession in decades sapped demand for crude. The benchmark crude oil contract ...


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