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Pump jacks are seen in the Midway Sunset oilfield, California, in this April 29, 2013 file photo. REUTERS/Lucy Nicholson/Files
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OPEC logo is pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria September 28, 2016. REUTERS/Ramzi Boudina
Barkindo: OPEC was Anticipating Revival in Libya, Nigeria, Iran Oil Production
Istanbul- OPEC wants an “orderly recovery” in oil production from Libya, Nigeria and Iran and has a flexible output target under its cuts agreement to accommodate more crude from the three member nations, the group’s Secretary-General Mohammad Barkindo has said. The...Caption:
President Abdelaziz Bouteflika looks on during a swearing-in ceremony in Algiers April 28, 2014. REUTERS/Ramzi Boudina
Algeria Restricts Food, Industrial Imports in Move to Mitigate Economic Strain
Algeria- Algeria’s government circulated a list of food and industrial imports that are banned, according to a letter delivered to national banks three days ago, reported Agence France-Presse. Reducing imports is one among many other measures adopted to mitigate the...Caption:
FILE PHOTO: Oil tanks seen at the Saudi Aramco headquarters during a media tour at Damam city November 11, 2007. REUTERS/Ali Jarekji/File Photo
Saudi Aramco Releases Annual Report 2016
Saudi Arabia’s national oil giant Aramco on Thursday released its annual report for 2016, highlighting the outstanding achievements of this year in the implementation of its long-term integrated strategy as the largest energy company in the world. On the...Caption:
A general view of the scene of an oil tanker explosion in Bahawalpur, Pakistan June 25, 2017. REUTERS/Stringer