New Delhi, June 7 (IANS) The seven OPEC+ countries announced on Sunday that they would increase their production by another 188,000 barrels per day from July 2026 as part of “their collective commitment to support oil market stability”.The OPEC+ oil cartel, comprising Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, took the decision after a virtual meeting on Sunday to “review global market conditions and outlook”, according to a press statement.Leading producers Saudi Arabia …
Latest Algeria News & Updates
Buenos Aires, June 5 (IANS) Former Argentina winger Maxi Rodriguez believes Lionel Messi remains driven by the same hunger and determination that helped him become one of football’s greatest players, saying the eight-time Ballon d’Or winner is still motivated by the dream of winning another FIFA World Cup.Messi, who captained Argentina to World Cup glory in Qatar in 2022, is again leading the defending champions at the FIFA World Cup 2026, which will commence on June 11.“Messi is fuelled b…
Algiers, May 22 (IANS) An Algerian law criminalising French colonisation has officially entered into force following its publication in the country’s Official Gazette, according to local media.The law declares France’s colonisation of Algeria from 1830 to 1962 and its “direct and indirect effects that persisted beyond this period” a “state crime,” and lists 31 “imprescriptible” colonisation crimes, including intentional homicide, deliberately directing military attacks against civilians, and the…
New Delhi, April 28 (IANS) The fourth India-Africa Forum Summit next month could mark the beginning of a more “deliberate, resilient, and equal partnership” between two of the world’s most significant rising powers, a report said on Tuesday. Writing for India Narrative, Nairobi-based journalist Zuri Amondi said that on May 31, leaders from across Africa and India will gather in New Delhi, for the fourth India-Africa Forum Summit — the first in over a decade — calling it renewal rather …
Algiers, April 28 (IANS) African nation Algeria has been dealt a major blow ahead of the upcoming FIFA World Cup 2026 as its star goalkeeper, Luca Zidane, has fractured his jaw and chin and is doubtful for the multi-national tournament in which Algeria is making an entry after 12 years.The incident happened during Sunday’s Spanish second division league clash between Zidan’s club, Granada and Almeria. After the injury, Zidane had to be replaced after suffering a concussion following a collision …
New Delhi, April 28 (IANS) The government on Tuesday said the recent oil and gas discovery in Libya by Indian oil marketing companies (OMCs) — Oil India Limited (OIL), and Indian Oil Corporation Limited (IOCL) — with local operators reflects the growing global footprint of the country’s energy firms and their expanding presence in overseas assets.In a post on social media platform X, the Ministry of Petroleum and Natural Gas (MoPNG) congratulated OIL and IOCL, which were part of an Indian co…
Seoul, April 14 (IANS) South Korean foreign minister Cho Hyun said on Tuesday that the foreign ministry has dispatched envoys to Algeria and Libya and is seeking to send additional envoys to secure alternative supply routes amid the Middle East crisis.Cho made the remarks during a Cabinet meeting after President Lee Jae Myung called on the government to explore supply chain alternatives as the United States’ war against Iran has choked off the crucial Strait of Hormuz and disrupted maritime traf…
Seoul, April 12 (IANS) Industry Minister Kim Jung-kwan said on Sunday that Saudi Arabia has promised to prioritise oil shipments to South Korea as Seoul seeks an alternative route through the Red Sea.Authorities in Seoul are pushing to dispatch five Korean-flagged vessels to the Saudi port city of Yanbu on the Red Sea coast to help establish alternative supply routes as the Strait of Hormuz has been effectively shut down amid the Middle East conflict, reports Yonhap news agency.”We are preparing…
Seoul, April 7 (IANS) South Korean President Lee Jae Myung was set to hold a meeting with leaders of the ruling and the main opposition parties Tuesday, officials said, as they were expected to discuss measures to mitigate economic fallout from the war in the Middle East.Lee is scheduled to meet with Democratic Party (DP) leader Jung Chung-rae, DP floor leader Han Byung-do, People Power Party (PPP) leader Jang Dong-hyeok and PPP floor leader Song Eon-seog at Cheong Wa Dae later in the day.Prime …
Seoul, April 3 (IANS) The ruling Democratic Party (DP) of South Korea and the government agreed on Monday to seek the dispatch of special envoys to Saudi Arabia, Oman and Algeria to secure crude oil as the Strait of Hormuz, a key oil shipping route, is effectively closed amid the US-Israeli war with Iran.The DP lawmakers and government officials are working to secure crude oil supplies through consultations with countries that have alternative routes, Rep. Ahn Do-geol told reporters after a cons…