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World - War crimes prosecutor to examine situation in Gabon after government request


AMSTERDAM (Reuters) - The prosecutor of the International Criminal Court said on Thursday she has begun a preliminary examination into the situation in Gabon at the request of the country`s government. Fatou Bensouda said in a statement she would review available information before deciding whether to open a formal investigation. Gabon`s President Ali Bongo, whose family has ruled the oil-producing central African country for nearly five decades, was sworn in for a second term on Tuesday. His narrow and disputed victory in August elections sparked violent protests. ...


Thursday, September 29, 2016  16:22

Yahoo

Business - Iraq`s OPEC revolt shows Saudi-Iran oil deal fragility


By Rania El Gamal and Alex Lawler ALGIERS (Reuters) - For years, debates in the OPEC conference room were dominated by clashes between top producer Saudi Arabia and arch-rival Iran. Iraq overtook Iran as the group`s second-largest producer several years ago but kept its OPEC agenda fairly low-profile. What it did, however, pleased neither Saudi Arabia nor Iran.


Thursday, September 29, 2016  13:37

Yahoo

World - Gabon president Bongo names new prime minister


Gabon President Ali Bongo promoted foreign minister Emmanuel Issoze Ngondet to the post of Prime Minister on Wednesday, a day after Bongo was sworn in following a razor-thin election victory whose integrity was questioned by international observers. A statement read on state television said Bongo asked Ngondet to form an open government, in an apparent signal that members of the opposition could be invited to join. Bongo`s victory by less than 6,000 votes has drawn unwelcome scrutiny of the president, whose family has ruled the oil-producing state in Central Africa for 49 years.


Thursday, September 29, 2016  00:00

CNN

Most Recent - `Grey`s Anatomy` season premiere: Alex`s situation is worse than you probably imagined


Warning: `Grey`s Anatomy` season premiere spoilers ahead.


Friday, September 23, 2016  04:26

Yahoo

Business - OPEC reaches first deal to cut oil output since 2008: sources


By Rania El Gamal and Alex Lawler ALGIERS (Reuters) - OPEC agreed on Wednesday to cut its oil output for the first time since 2008, with the group`s leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices. Two sources in the Organization of the Petroleum Exporting Countries said the group would reduce output to 32.5 million barrels per day from current production of 33.24 million bpd. How much each country will produce is to be decided at the next formal meeting of OPEC in November, when an invitation to join cuts could also be extended to non-OPEC countries such as Russia, sources said.


Wednesday, September 28, 2016  20:57

Yahoo

Business - OPEC reaches first deal to cut oil output since 2008 - sources


By Rania El Gamal and Alex Lawler ALGIERS (Reuters) - OPEC agreed on Wednesday to cut its oil output for the first time since 2008, with the group`s leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices. Two sources in the Organization of the Petroleum Exporting Countries said the group would reduce output to 32.5 million barrels per day from current production of 33.24 million bpd. How much each country will produce is to be decided at the next formal meeting of OPEC in November, when an invitation to join cuts could also be extended to non-OPEC countries such as Russia, sources said.


Wednesday, September 28, 2016  20:03

Yahoo

World - Northern California wildfire forces hundreds to evacuate mountainous area


By Alex Dobuzinskis LOS ANGELES (Reuters) - Firefighters worked to control a wildfire on Tuesday in the Santa Cruz Mountains south of San Francisco Bay area that has forced hundreds of residents to evacuate, despite its relatively small size, officials said. The so-called Loma Fire broke out on Monday afternoon and has scorched more than 1,000 acres (405 hectares) about 10 miles (16 km) northwest of the town of Morgan Hill, fire officials said. Firefighters have built containment lines around 5 percent of the blaze.


Tuesday, September 27, 2016  18:45

Yahoo

Business - OPEC set for no deal on oil output as Saudis, Iran at loggerheads


By Rania El Gamal, Alex Lawler and Vladimir Soldatkin ALGIERS (Reuters) - Saudi Arabia and Iran on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as the group and non-member Russia were still trying to bridge differences between the kingdom and Tehran. Iranian Oil Minister Bijan Zanganeh said: `It is not the time for decision-making.` Referring to the next formal OPEC meeting in Vienna on Nov. 30, he added: `We will try to reach agreement for November.` The Organization of the Petroleum Exporting Countries will hold informal talks at 1400 GMT on Wednesday. Oil prices have more than halved from 2014 levels due to oversupply, prompting OPEC producers and rival Russia to seek a market rebalancing that would boost revenues from oil exports and help their crippled budgets.


Tuesday, September 27, 2016  17:35

Yahoo

Business - Saudis, Iran dash hopes for OPEC oil deal in Algeria


By Rania El Gamal, Alex Lawler and Vladimir Soldatkin ALGIERS (Reuters) - Saudi Arabia and Iran on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as sources within the exporter group said the differences between the kingdom and Tehran remained too wide. `This is a consultative meeting ... We will consult with everyone else, we will hear the views, we will hear the secretariat of OPEC and also hear from consumers,` Saudi Energy Minister Khalid al-Falih told reporters. Iranian Oil Minister Bijan Zanganeh said: `It is not the time for decision-making.` Referring to the next formal OPEC meeting in Vienna on Nov. 30, he added: `We will try to reach agreement for November.` The Organization of the Petroleum Exporting Countries will hold informal talks at 1400 GMT on Wednesday.


Tuesday, September 27, 2016  11:20

Yahoo

Business - Saudi energy minister dashes hopes for OPEC deal in Algeria


By Rania El Gamal, Alex Lawler and Vladimir Soldatkin ALGIERS (Reuters) - Saudi Arabia on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as sources within the exporter group said the differences between the kingdom and rival Iran remained too wide. `This is a consultative meeting ... We will consult with everyone else, we will hear the views, we will hear the secretariat of OPEC and also hear from consumers,` Saudi Energy Minister Khalid al-Falih told reporters. The Organization of the Petroleum Exporting Countries will hold informal talks at 1400 GMT on Wednesday.


Tuesday, September 27, 2016  10:08

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