BOURKIKA, Algeria, May 1- Algerian farmer Hassen Miri trudges through mud to inspect his durum wheat field, helping the oil producing nation in its efforts to boost agricultural output and reduce food imports. Algeria, a member of Organization of the Petroleum Exporting Countries, has long neglected its farmers and focused on its oil and gas industry that...
ALGIERS, April 29- At least 15 African migrants died on Sunday when their boat trying to reach Europe capsized off the Algerian coast, a coast guard official said. The boat sank off the coast of Oran, a city some 450 km west of the capital Algiers, the official told Ennahar TV station, adding that the boat had departed from Morocco. Last week, Algeria's interior ministry...
HONG KONG, April 24- A painting of a reclining nude by Italian artist Amedeo Modigliani is set to go under the hammer in New York on May 14 with a record sale estimate of $150 million, auction house Sotheby's announced on Tuesday. "Modigliani creates a new kind of nude for the modern era," said Simon Shaw, the global co-head of Sotheby's Impressionist and Modern Art...
*Western Sahara refugees among dead- Polisario member. ALGIERS, April 11- More than 250 people including Western Sahara refugees were killed when a military plane crashed near Algeria's capital on Wednesday, state media said, with witnesses saying they saw a wing catch fire shortly after the plane took off. Bits of mangled and smouldering debris were scattered...
More than 250 people were killed when a military plane crashed in a field outside Algeria's capital on Wednesday, officials said.
LONDON, Jan 16- Vitol will get 1.5 to 2 million barrels of crude per month from Algeria's state oil firm Sonatrach and deliver fuel to the country in exchange, in a rare such deal for the OPEC member, trade sources familiar with the matter told Reuters. The deal will kick off on Feb. 1 with the world's largest oil trader loading a 1 million barrel cargo, one of the sources...
ALGIERS, Jan 10- Algeria sent 2.1 million barrels of crude oil to Cuba last year and will ship the same amount in 2018, an official at state energy firm Sonatrach said on Wednesday, helping Cuba to offset lower supplies from the island's closest ally, Venezuela. Cuba and Algeria have maintained a close relationship in recent years. But Cuba has relied almost...
ING has confirmed it is facing a criminal investigation into alleged money laundering and corruption from Netherlands authorities.
Eleven non-OPEC oil producers that joined a global deal to reduce output to boost prices delivered 64 percent of promised cuts in February.
Saudi Arabia over-delivered, but OPEC cut about 90 percent of the oil supplies it committed to take off the market.
The Sahara Desert was dusted in a layer of snow after a strong polar front from the Mediterranean, reports NBC News.
Arab monarch-led OPEC nations have incentives to adhere to the output cut, says Mark Keenan at Societe Generale.
Saudi Arabia's Energy Minister Khalid al-Falih said on Sunday he had invited his Russian counterpart Alexander Novak to meet Gulf Arab energy ministers.
The past week signaled that Saudi Arabia's role as the undisputed leader of the OPEC cartel is changing.
CNBC's Hadley Gamble reports from Algiers as OPEC members meet on the sidelines of the International Energy Forum.
RBC Capital Markets says oil prices may slip to $40 or lower if OPEC members leave Algeria without any promise of a deal.
CNBC's Hadley Gamble reports OPEC members are struggling to reach an agreement on oil production.
The OPEC meeting in Algeria may not have resulted in a resolution as of Tuesday, but at least one person is optimistic.
Nigerian Oil Minister Emmanuel Ibe Kachikwu, says that an OPEC freeze is not likely, but "honesty" is the real progress at the meeting in Algeria.
CNBC's Hadley Gamble has the update from OPEC leaders meeting in Algeria to dicuss oil production.