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

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  • OPEC unlikely to alter crude oil output levels 6 Dec 2009 07:54 GMT
    ... Associated Press CAIRO — Saudi Arabia’s oil minister said Saturday that current global oil prices ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world’s crude, has held its quotas unchanged since last ...

  • Saudi minister says oil prices 'perfect' 6 Dec 2009 09:48 GMT
    ... CAIRO: Saudi Arabia's oil minister said current global oil prices are "perfect," ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ...

  • Oil prices 'perfect,' Saudi minister says 6 Dec 2009 09:51 GMT
    ... The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ... cuts. "The price is perfect," said Saudi Oil Minister Ali Naimi, whose country sits atop the ...

  • TOR's distillation plant is operational - Managing Director 6 Dec 2009 06:30 GMT
    ... Accra, Dec. 6, GNA - The Tema Oil Refinery (TOR) has enough crude stock to process in the next two ... freshly been supplied by the Ghana National Petroleum Corporation. "We'll start processing this hopefully on ...

  • TOR's distillation plant is operational - MD 6 Dec 2009 08:30 GMT
    ... Accra, Dec. 6, GNA - The Tema Oil Refinery (TOR) has enough crude stock to process in the next two ... freshly been supplied by the Ghana National Petroleum Corporation. "We'll start processing this hopefully on ...

  • William A. Wilson dies at 95; first U.S. ambassador to the Vatican 6 Dec 2009 05:55 GMT
    ... made his name as a manufacturer of oil-drilling equipment, a cattle rancher, a real estate ... Kadafi, the mercurial leader of the north African nation. Secretary of State George P. Shultz ...

  • INTERVIEW - Algeria, Egypt to form Selena energy joint venture 5 Dec 2009 10:52 GMT
    ... energy firm Sonatrach is setting up an oil and gas joint venture with two Egyptian national companies, its ... Gas Holding Company (EGAS) and Egyptian General Petroleum Corporation (EGPC) to discuss setting up the ...

  • OPEC Ministers See No Quota Change This Month With 'OK' Price 5 Dec 2009 22:57 GMT
    ... meets in Angola later this month because oil prices are at levels members consider satisfactory. Officials ... Cairo said they want the Organization of Petroleum Exporting Countries to maintain production targets at ... , also in Cairo to attend tomorrow’s Crude oil futures traded at $75.77 a barrel ...

  • oil prices 'perfect' 5 Dec 2009 10:56 GMT
    ... Saudi oil minister calls current global oil prices of around ... Ministerial Conference of the Organisation of Arab Petroleum Exporting Countries (OAPEC), in Cairo, Egypt, Saturday, ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ...

  • 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, Egypt ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 per ... roughly 35 per cent of the world´s crude, has held its quotas unchanged since last ...

  • Saudi minister calls current oil prices of around $75 'perfect' 5 Dec 2009 18:14 GMT
    ... Saudi minister calls current oil prices of around $75 'perfect' CAIRO, Egypt - ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 per ... roughly 35 per cent of the world's crude, has held its quotas unchanged since last ...

  • 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 "perfect," ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ...

  • Saudi oil minister calls current global oil prices of around $75 a barrel 'perfect' 5 Dec 2009 10:32 GMT
    ... CAIRO (AP) — Saudi Arabia's oil minister said current global oil prices are "perfect," ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ...

  • Saudi oil minister: Oil price 'perfect' 5 Dec 2009 10:34 GMT
    ... TAREK EL-TABLAWY (AP) CAIRO - Saudi Arabia's oil minister said current global oil prices are "perfect," ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ...

  • Oil Prices 'Perfect,' Saudi Oil Minister Says 5 Dec 2009 11:17 GMT
    ... minister said current global oil prices are ''perfect,'' as several key members indicated ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ...

  • Saudi oil minister calls current global oil prices of around $75 a barrel 'perfect' 5 Dec 2009 10:40 GMT
    ... CAIRO (AP) - Saudi Arabia's oil minister said current global oil prices are "perfect," ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ...

  • Saudi oil minister: oil prices 'perfect' 5 Dec 2009 10:32 GMT
    ... member states. The group's approach has helped oil prices rebound to almost $80 per barrel recently, ... worst recession in decades sapped demand for crude. The benchmark crude oil contract for January ... annual meeting of the Organization of Arab Petroleum Exporting Countries. OPEC has said it wants ...

  • Saudi oil minister: Oil price 'perfect' 5 Dec 2009 10:51 GMT
    ... member states. The group's approach has helped oil prices rebound to almost $80 per barrel recently, ... worst recession in decades sapped demand for crude. The benchmark crude oil contract for January ... annual meeting of the Organization of Arab Petroleum Exporting Countries. OPEC has said it wants ...

  • Moody's mildly upbeat on crude 5 Dec 2009 20:35 GMT
    ... rosier view of business prospects for multinational oil companies amid forecasts of a recovery in ... outlook for the global integrated oil and gas industry to stable from negative. “Profitability and cash-flow ... an easing in industry costs,” Moody’s said. Crude prices of about US$75 a barrel in ...

  • 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 around ... Ministerial Conference of the Organization of Arab Petroleum Exporting Countries (OAPEC), in Cairo, Egypt. (THE ... roughly 35 per cent of the world's crude, has held its quotas unchanged since last ...

  • 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 during ... Ministerial Conference of the Organization of Arab Petroleum Exporting Countries (OAPEC), in Cairo, Egypt. (THE ... roughly 35 per cent of the world's crude, has held its quotas unchanged since last ...

  • 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 during ... Ministerial Conference of the Organization of Arab Petroleum Exporting Countries (OAPEC), in Cairo, Egypt, Saturday, ... roughly 35 per cent of the world's crude, has held its quotas unchanged since last ...

  • Current Oil Prices Perfect': Al Naimi 5 Dec 2009 19:56 GMT
    ... CAIRO — Saudi Arabia’s oil minister said on Saturday that current global oil ... later this month. The Organisation of the Petroleum Exporting Countries, which supplies roughly 35 per ... roughly 35 per cent of the world’s crude, has held its quotas unchanged since last ...

  • oil prices 'perfect' 5 Dec 2009 15:11 GMT
    ... The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ... cuts. “The price is perfect,” said Saudi Oil Minister Ali Naimi, whose country sits atop the ...

  • Crude Oil Declines to Seven-Week Low as the Dollar Surges 5 Dec 2009 07:18 GMT
    ... Dec. 4 (Bloomberg) -- Crude oil fell to a seven-week low as the ... Oil may decline next week on speculation fuel inventories are sufficient to meet demand, a ...


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