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Saturday, September 04, 2010
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  NEWS > ENERGY/OIL & GAS  
 
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Algeria launches new oil and gas bid round
Algiers  
 
  Algeria has launched a licensing round for 10 oil and gas contract areas, setting the stage for a new test of whether the Opec member can revive lacklustre foreign interest in its energy sector.     
   

  Aramco extends bids for Wasit gas plant
Riyadh : 
  State oil giant Saudi Aramco has extended the closing date for bids to build the kingdom's largest gas plant, industry sources said on Thursday.     
   
  Opec oil output falls to lowest since Nov 2009
London : 
  Opec crude oil supply fell in August to the lowest since November 2009 as reduced supplies from Nigeria, the UAE and Iraq offset increased output in Angola, a Reuters survey showed.     
   

 
Today's Poll
Several economic indicators such as jobs, housing and "September Effect" are warning investors to be cautious. Is another market crash coming?
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