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ALGIERS-The monthly bulletin of the Organization of Petroleum Exporting Countries (OPEC), released on Wednesday, paid tribute to the late Abderrahmane Khene, mujaheed, former minister and secretary general of the organization.

Published in Economy

ALGIERS- The prices of the Sahara Blend, the Algerian crude oil benchmark, finished the year 2020 with an increase of more than seven dollars, standing at US$49.99 per barrel in December, according to the figures of the Organization of the Petroleum Exporting Countries (OPEC) published in its latest monthly report.

Published in Economy

ALGIERS- Algeria has played in 2020 a key role in bringing visions closer within the Organization of the Petroleum Exporting Countries (OPEC) and its allies OPEC+, in order to reach a joint action aimed at rebalancing the oil market which has experienced a drastic drop in demand and prices because of the Covid-19 pandemic.

Published in Economy

ALGIERS- The secretary general of the Organization of Petroleum Exporting Countries (OPEC), Mohammad Barkindo, on Thursday praised Algeria's role within the OPEC and the GECF and its chairmanship of the two organizations in 2020, a year marked by the impact of the coronavirus on energy sector.

Published in Economy

ALGIERS- The Organization of Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum (GECF) held their first high-level meeting devoted in particular to examine the impacts of the COVID-19 pandemic on world energy markets, the OPEC said Thursday.

Published in Economy

ALGIERS- The minister of Energy and chairman of the OPEC Conference, Abdelmadjid Attar, said Tuesday in Algiers that OPEC is closely monitoring current oil market developments and stability, to take, with the participating countries of the Declaration of Cooperation, the appropriate and timely measures, without excluding the option of delaying production increase planned for the beginning of 2021, the ministry said in a statement.

Published in Economy

OPEC, more influential than ever

Monday, 14 September 2020 18:31

ALGIERS- The organization of Petrolieum Exporting Countries (OPEC), which is celebrating its 60th anniversary, is today an "influential" organization on the multilateral stage, Minister of Energy Abdelmadjid Attar told Argus Media, an international specialized information agency.

Published in Economy

ALGIERS-Energy Minister and Chairman of the Conference of the Organization of Petroleum Exporting Countries (OPEC) Abdelmadjid Attar said Wednesday that the outlook for the international oil market gave cause for a “cautious and measured optimism,” said the ministry’s communiqué.

Published in Economy

ALGIERS-Energy Minister and Chairman of the Conference of the Organization of Petroleum Exporting Countries (OPEC) Abdelmadjid Attar on Monday discussed with OPEC Secretary General Mohammad Barkindo the short term prospects of the oil market, said the ministry in a communiqué.

Published in Economy

ALGIERS- The Organization of the Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum (GECF) examined in their first technical meeting the impact of the Covid-19 pandemic on the global economy as well as on oil and gas markets, said OPEC on its website.

Published in Economy

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