ALGIERS, Aug 29 - Algeria's government said on Saturday it will cut spending by 9 percent next year due to the drastic fall in global oil prices as the OPEC petroleum and gas producer tries to counter the drop in energy revenues that account for 60 percent of its budget.
PARIS, Aug 29 - France, Germany and Russia back plans for a complete ceasefire in eastern Ukraine from Sept. 1, the French presidency said after their respective leaders spoke by telephone on Saturday.
WASHINGTON, Aug 29 - President Barack Obama on Saturday defended his decision to allow Royal Dutch Shell to drill for oil in the Arctic Ocean under what he said were rigorous standards, fending off criticism by environmental groups.
BEIJING, Aug 29 - Legislators have approved amendments to China's 15-year-old air pollution law that grant the state new powers to punish offenders and create a legal framework to cap coal consumption, the Asian giant's biggest source of smog.
CALGARY, Alberta, Aug 28 - Alberta's oil and gas royalty framework will remain in place until the end of 2016, Energy Minister Marg McCuaig-Boyd said on Friday, as she gave details on a review of the scheme for the province's new left-leaning New Democrat government.
No related earnings announcements are currently scheduled within the next 7 days.