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  • Hints of Competitiveness in Recession-Hit Spain Tuesday, 15 Jan 2013 | 7:14 AM ET
    Demonstrators take part in a protest against government's health cuts and privatisation plans in Madrid on December 16, 2012.

    Latin American markets have been a prime target for Spanish companies because of their language advantage, and giants such as Telefonica and Banco Santander have increased their exposure there to compensate for problems in their domestic market.

  • Superstorm Sandy blows gasoil bubble away Friday, 2 Nov 2012 | 1:09 PM ET

    *Stocks build in Europe as refinery maintenance ends. Middle distillates inventories, which include heating oil, diesel and jet, had been running at multi-year lows in both the United States and Europe- threatening to ramp up heating bills for households in the event of an early cold snap.

  • Program pairs U. Mich. experts with entrepreneurs Thursday, 25 Oct 2012 | 12:23 AM ET

    ANN ARBOR, Mich.-- Fourteen Middle Eastern and North African entrepreneurs are at the University of Michigan as part of a State Department- sponsored program that partners university experts with area community organizations. The program participants are from Algeria, Egypt, Israel, Morocco and Tunisia.

  • Algeria to contribute $5B to IMF Thursday, 11 Oct 2012 | 2:44 PM ET

    ALGIERS, Algeria-- Algeria's Finance Ministry and central bank have announced the country is contributing $5 billion to the International Monetary Fund. In April, Algeria said the IMF had asked for Algeria's participation in the international lending institution. Algeria is the third largest supplier of natural gas to Europe after Russia and Norway.

  • Hollande eyes new chapter in Franco-African relations Thursday, 11 Oct 2012 | 1:48 PM ET

    *Aims to promote democcracy in Africa. Hollande, who heads to the Democratic Republic of Congo on Saturday for a gathering of French-speaking nations, has promised to promote democracy in Africa and break with an era of collusion between French and autocratic African leaders.

  • LONDON, Oct 10- The shale boom has left some of the most sophisticated refineries in the United States hunting across Europe and Africa for more of the heavy residue left over from other refiners' crude distillation units, as they try to find a use for all the expensive coking units built in the last decade.

  • Transatlantic clean ship rates seen staying muted Tuesday, 9 Oct 2012 | 2:04 PM ET

    LONDON, Oct 9- Clean tanker rates for refined petroleum products on top export routes were broadly steady on Tuesday with lighter business capping earnings in the transatlantic market.

  • BG sees decades more of oil-linked LNG sales Monday, 8 Oct 2012 | 2:00 PM ET

    LONDON, Oct 8- Liquefied natural gas will continue to be benchmarked to oil prices for several more decades, outgoing BG Group Chief Executive Frank Chapman said on Monday, despite complaints by top Asian importers that supplies are unaffordable.

  • *Deal gives Qtel more control over Algeria, Tunisia subsidiaries. to 92.1 percent, giving an instant boost to its bottom line and more control of subsidiaries in the high growth markets of Algeria and Tunisia.

  • DUBAI, Oct 7- Qatar Telecom has raised its stake in Kuwait's Wataniya to 92.1 percent following the close of its tender offer. The Qatari firm, which operates in 16 countries across the Middle East, Africa and Asia, paid 519.1 million Kuwaiti dinars at 2.6 dinars per share to raise its stake from 52.5 percent, it said in a statement on Sunday.

  • *KIA tenders entire 23.5 pct stake- source* Qtel had bid $2.2 bln for remaining 47.5 pct stake* Announcement of tender details expected Sunday By Dinesh Nair and Matt Smith. DUBAI, Oct 6- Qatar Telecom is set to control more than 90 percent of Kuwait's Wataniya.

  • *KIA tenders entire 23.5 pct stake- source* Qtel had bid $2.2 bln for remaining 47.5 pct stake* Announcement of tender details expected Sunday By Dinesh Nair and Matt Smith. DUBAI, Oct 6- Qatar Telecom is set to control more than 90 percent of Kuwait's Wataniya.

  • Malta hosts first Europe-Arab summit in a decade Friday, 5 Oct 2012 | 1:02 AM ET

    On the sideline of the summit, French President Francois Hollande said it was up to Spain, not the European Union, to determine whether Spain requires financial assistance from Europe to solve its serious financial difficulties.

  • Transatlantic clean tanker rates stay soft Wednesday, 3 Oct 2012 | 1:38 PM ET

    LONDON, Oct 3- Clean tanker rates for refined petroleum products on top export routes were mostly weaker on Wednesday with the transatlantic market hit by growing availability of vessels.

  • UPDATE 1-Edison wins Libya gas arbitration with Eni Monday, 1 Oct 2012 | 11:23 AM ET

    MILAN, Oct 1- Italian energy group Edison said on Monday it had won a dispute with Eni to review the price of its long-term gas contract from Libya, its second gas arbitration victory in less than a month. In September Edison, which is owned by France's EDF, won in arbitration a 450 million euro discount on its liquefied natural gas supplies from Qatar's Rasgas.

  • A World Awash in Oil—and Higher Prices Wednesday, 9 Mar 2011 | 5:53 PM ET

    It is no surprise that the normal supply and demand economics in the oil markets have been replaced with fear and speculation. And today, two major players went on the offensive.

  • The World’s 15 Biggest Oil Producers Thursday, 3 Mar 2011 | 11:59 AM ET
    Unrest in the Middle East has put investors on high alert as crude oil prices move seemingly with every development in the region. In order to understand the effect of those events on both US and global oil markets, a key figure to watch is the amount of crude oil produced daily in each country. With data from the Energy Information Administration (EIA), a division of the Department of Energy, CNBC.com took a look at the countries that produce the most crude oil on a daily basis. Production is d

    With data from the Energy Information Administration (EIA), a division of the Department of Energy, CNBC.com took a look at the countries that produce the most crude oil on a daily basis.