The Saudi, Russian, Qatari and Venezuelan oil ministers announced the proposal after a previously undisclosed meeting in Doha.
Strategic investor must guarantee long-term crude supply; Russian, Thai, Kuwaiti energy firms express interest
Not this one, this one marked the start of a sustained air campaign rather than another isolated strike.
A new flare-up risks driving yet more people to refugee camps in neighboring nations and further destabilizing the region
Distribution of oil revenue to client groups has formed the foundation of the state from its earliest years
The government said 262 people were killed and up to 2,500 injured, according to the latest tallies on Sunday evening....
"What happened here in Pedernales is catastrophic."
A state of emergency was declared in six provinces.
President Rafael Correa declared a national emergency and urged the Andean nation's 16 million people to stay calm
Top photos from the past week.
Any further oil price declines will negatively affect the state budget this year
Tehran has pledged to raise supply by around 1 million bpd in the next 6-12 months.
Venezuela has repeatedly called for OPEC members to meet as slumping oil prices sap government revenue
The U.S.-led coalition against the Islamic State will also intensify its assault on the group's oil production...
It is now leading a $22-billion refinery in the country