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It is very likely that OPEC will decide on March 15 to reduce production again to stabilize prices that are going down
UPI Energy Watch Feb 23, 2009
There is a global economic crisis, and demand is falling more and more
OPEC could cut production again in March Feb 23, 2009
There is a strong possibility that OPEC will decide on March 15 to reduce production further to help stabilize prices
OPEC could cut production again in March Feb 23, 2009
If oil prices are still falling at the time of our meeting on March 15, I am certain that everyone will agree on a new production cut to stabilize prices and help raise them later on
UPI Energy Watch Jan 23, 2009
What we really want is for these countries to become members of OPEC
UPI Energy Watch Dec 05, 2008
Chakib Khelil (Arabic: شكيب خليل) is Algeria's Minister for Energy and Mines.
He was born in Oujda (northern Morocco) on August 8, 1939, received a doctorate in petroleum engineering from Texas A&M University in 1968. After working in the United States for a few years, he joined Sonatrach in 1971, and became president of the Valhyd Group in 1973-1976. In 1980 he joined the World Bank, working on petroleum-related projects; he retired from it in 1999, only to join President Abdelaziz Bouteflika's cabinet later that year. As Minister for Energy, he presided over a period of increasing liberalization of the formerly strictly state-owned petroleum market in Algeria.
In 2001, he was named president of Sonatrach, and he nominated and was succeeded by Mohamed Meziane in 2003 (MEM.) He was also president of OPEC for the year of 2001.