Algeria

Plane crashes in Algeria killing 200 servicemen - media

No less than 200 military servicemen might have died in a crash of an Ilyushin-76 military transport plane in Algeria, according to local media. The plane crashed shortly after leaving the airdrome of a military base in Boufarik, …

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First draw of 4th Islamic Solidarity Games in Baku

First round of Group B football matches at the 4th Islamic Solidarity Games ended in Baku on May 8. In the second match of Group B, the Palestinian national team faced the national team of Oman. Palestinian Oday Dabbagh …

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OPEC and Russia agree for 6 months

OPEC and Russia have agreed a mutually accepted formula of oil production cap for half a year, Venezuela’s Oil Minister Eulogio del Pino said. He also pointed out that Venezuela expects the signing of documents on …

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What oil price OPEC and Russia need?

In order to balance their budgets, largest oil-producing countries in the world require different price of "black gold". According to Bloomberg, this leads to disagreements over the need to reduce oil production level. …

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Algerian PM to visit Tehran in December

Algerian Prime Minister Abdelmalek Sellal is expected to pay a visit to Iranian capital city of Tehran in the coming months. Iran’s cultural attache to Algeira, Amir Mousavi, has said that the …

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OPEC oil output deal to come into effect in November

The agreement of the OPEC member states on oil production freeze will come into effect after an official organization's summit in Vienna in November, a source in Algerian delegation said.  OPEC will agree to production levels …

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OPEC agrees to cut oil output

OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group’s leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices. The Organization of the …

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