Seven OPEC+ countries have decided to increase their oil production quotas by 188,000 barrels per day (bpd) in July, thus bringing the alliance's total quota for July to 35.83 million bpd, excluding overproduction compensation for countries violating the OPEC+ deal, OPEC said.
President of Algeria Abdelmadjid Tebboune has ratified a strategic memorandum of understanding between Algeria and Azerbaijan aimed at expanding bilateral cooperation across the hydrocarbons sector, including oil, gas, petrochemicals and emerging green-energy projects.
Eight leading OPEC+ countries have decided to increase oil production by 206,000 barrels per day (bpd) in May (compared to April levels), the organization’s statement said.
The administration of U.S. President Donald Trump has decided to recall a number of career diplomats holding senior positions from 29 foreign missions, the Associated Press reported, citing unnamed State Department officials.
OPEC+ countries have increased their production quotas by over 2.7 mln barrels per day since April of this year
The OPEC+ group of countries will increase oil production by an additional 411,000 barrels per day for the second month in a row. Initially, the talk was to produce 138,000 barrels.
Its participants will learn Russian and Arabic
Algeria, a North African country, has embarked on a significant campaign to attract millions more tourists, including Russians, to its shores. According to Euronews, the …
Iranian President Ebrahim Raisi signed multiple cooperation agreements during his visit to Algeria to solidify partnership. The agreements …
Several OPEC+ countries have announced the extension of additional voluntary oil production cuts for the second quarter of 2024. Thus, Saudi Arabia extends production cuts by one million barrels a day until June, the United Arab …
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, reaffirmed their commitment to unity, full cohesion and market stability following Angola's departure announcement from the group. …
President of Azerbaijan Ilham Aliyev has received Minister of Foreign Affairs and the National Community abroad of the Algerian People's Democratic Republic Ahmed Attaf. The Algerian diplomat arrived in Baku to attend the …
The President of Algeria will visit Russia next week. He will meet with Vladimir Putin
Iranian President Ibrahim Raisi held talks with Syrian and Algerian counterparts Bashar al-Assad and Abdelmadjid Tebboune. The parties touched upon the Israeli policy towards Palestine. Raisi called on Syria and Algeria to form a …
Saudi Arabia will voluntarily reduce its oil production by 500,000 barrels per day from May until the end of 2023 in coordination with other members of the oil producers’ alliance, the Saudi Press Agency reported. Russia would …
Algeria will issue visas on arrival to tourists heading to its south
At the end of his first term, President Emmanuel Macron, who had promised definitive upheavals in Franco-African relations, had to content himself with very conventional relations with his main partners
Economists have praised the outcomes of King Abdullah’s state visit to Algeria
The governments of Azerbaijan and Algeria signed a memorandum on cooperation in the oil and gas sector. This was reported in the Ministry of Energy of the Republic. The document was issued on November 29 during a visit to Algeria by …
Türkiye and Algeria will establish a joint oil and natural gas exploration company to operate in countries around the region, especially in Algeria, Turkish minister of energy and natural resources Fatih Donmez said. Both …
