News / International
Algeria’s Khelil sees oil at $70-80 next year
Oil prices are likely to hover between $70 and $80 a barrel next year if the world economy strengthens, Algerian Energy and Mines Minister Chakib Khelil said. Oil prices rise on last day of 2009
World oil prices, which have soared 40 percent this year on signs of global economic recovery, rose Thursday as solid US demand underpinned the market on the last trading day of 2009, traders said. Putin launches new Russia oil route to Asia
Russia launched a new Pacific oil terminal that will allow the world's largest energy producer to conquer Asian markets and divert some Siberian crude flows away from Europe. Al Khafji oilfield projects bid deadline extended
The bidders of a joint venture between Saudi Arabia and Kuwait said that the bidding closing date the for two projects at Al Khafji oilfield has extended to the 28th of December. Iraq to increase oil exports to China
The Iraqi Oil Minister Hussain al-Shahristani told Reuters today that Iraq accepted to raise its oil exports over the next year. CNOOC, Total and Repsol consortia win Algerian exploration permits
Algeria's Ministry of Energy awarded three exploration licenses out of 10 permits on offer at a public session, said the Head of the licensing committee Djilali Takkherst. Oil prices slip as dollar strengthens
World oil prices fell on Monday, reversing earlier gains and in line with other commodity markets, as traders took their cue from a stronger dollar, dealers said. Arous Al-Bahar discovery well flows oil, gas offshore Libya
Hess Corporation's fully-owned subsidiary Hess Libya Exploration Limited (HLEL) has carried out a successful test of its discovery well A1-54/01 offshore Libya in the Mediterranean Sea. 
