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1-10 results from 456 for query «opec»

October 31, 2017 2:47 PM Appeal court dismisses IFC’s case against Quantum October 31, 2017

The court of appeal has dismissed a stay of proceedings application by International Finance Corporation (IFC) which sought to put on hold an ongoing case with Quantum Oil Terminals Limited at the High Court over a breach of a contract. According to the ruling of the court, it found no reason to stay proceedings at the high court looking at the argument 67

August 25, 2017 4:48 AM Angola's ruling MPLA takes commanding lead in provisional vote count

The provisional results were based on about 63.74% of the votes cast, said Júlia Ferreira, spokeswoman for National Electoral Commission. LUANDA - Angola’s ruling MPLA party held a commanding lead in provisional general election results, with 64.57% of the votes tallied compared with the opposition UNITA party’s 24.4%, the electoral commission said on Thursday 63

August 21, 2017 6:10 AM Nigeria's Buhari says separatists cross red line, unity not negotiable

ABUJA (Reuters) - Separatists calling for the breakup of Nigeria have crossed a red line and the country's unity is not negotiable, President Muhammadu Buhari said on Monday in his first speech since returning home after three months of medical leave in Britain. Ethnic tensions have surfaced in the last few months amid calls for a separate southeastern 27

August 9, 2017 5:02 AM U.N. decries excessive force in Venezuela's crackdown on protests

CARACAS/GENEVA (Reuters) - The United Nations slammed Venezuela on Tuesday for the use of excessive force against anti-government protesters and said security forces and pro-government groups were believed responsible for the deaths of at least 73 demonstrators since April. Abuses of protesters, including torture, were part of "the breakdown of the rule of law" in the South 14

August 8, 2017 5:45 PM U.S. oil prices slip as some OPEC producers export more

NEW YORK (Reuters) - Oil prices slipped on Tuesday, pulling back from recent gains as exports from key OPEC producers rose and despite news of lower crude shipments from Saudi Arabia. The oil market has been in consolidation mode after a sharp rally between mid-June and late July pushed U.S. crude futures above $50 a barrel for the first time in several 20

July 30, 2017 9:45 PM Venezuelans stay away from polls to protest government vote

Venezuelans stayed away from the polls in massive numbers on Sunday in a show of protest against a vote to grant President Nicolas Maduro's ruling socialist party virtually unlimited powers in the face of a brutal socio-economic crisis and a grinding battle against its political opponents and groups of increasingly alienated and violent young protesters 58

July 28, 2017 8:00 AM Nigeria: After Boko Haram Attack, Nigeria Halts Oil Exploration in Lake Chad Basin

The Federal Government on Thursday said it would halt oil exploration in the Lake Chad Basin following Tuesday's attack on explorers that led to at least 27 deaths. The government also gave reasons why it continued with the exploration despite Boko Haram attacks in Borno, saying it did so only after it got security assurances from the military. The Minister 17

July 27, 2017 12:22 PM Venezuela clashes kill 3 during anti-Maduro general strike

At least 106 people have died since opposition protests began in April Three people have been killed in clashes between Venezuelan security forces and protesters during an opposition-led strike against President Nicolas Maduro, which entered its second day on Thursday. At least 106 people have died in total during anti-government unrest convulsing the South 51

July 17, 2017 4:32 AM Venezuela opposition says 7 million vote in anti-Maduro poll

CARACAS (Reuters) - More than 7 million Venezuelans voted in Sunday's unofficial referendum held by the opposition to heap pressure on President Nicolas Maduro and repudiate his plan to rewrite the OPEC nation's constitution, monitors said. The symbolic plebiscite was aimed at denting Maduro's legitimacy further amid a crippling economic crisis that has left millions 68

July 13, 2017 8:05 AM IEA says OPEC compliance with oil cuts at lowest in six months

LONDON (Reuters) - OPEC's compliance with production cuts fell in June to its lowest levels in six months as several members pumped much more oil than allowed by their supply deal, thus delaying market rebalancing, the International Energy Agency said on Thursday. OPEC's compliance with cuts slumped to 78 percent last month from 95 percent in May as higher-than-allowed 56