accountRising crude theft on the new Nembe Creek oil pipeline in Nigeria threatens 140,000 b/d of the firm's oil exports to...
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OPEC
The Organization of Petroleum Exporting Counties (OPEC) is a permanent international body, formed in Baghdad in September of 1960. OPEC plans and orchestrates the petroleum policies of its 13 member countries – and, by default, most of the world’s gas and oil prices. This topic covers the latest news on OPEC’s plans.
OPEC is part of Business Exchange, suggested by
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Nigeria's main rebel group claimed yesterday that it had carried out an attack on the Nembe-Brass crude pipeline...
Iran's Supreme Leader Ayatollah Ali Khamenei on Friday warned the West against taking military action and imposing...
Oil prices had a low point or two in 2011, but finished the year with a fairly decent run. If Iran is pushed hard by...
The prospect of oil topping $150 a barrel within a year has become the biggest bet in the options market as the U.S.
OPEC production reached its zenith even before 1980, in Venezuela’s case all the way back in 1970.
"Assessments made show that the oil price will not fall from $100 per barrel by the end of the current year,"...
Company signals higher supplies from Africa’s top exporter.
Soaring oil prices have spurred a worldwide drilling boom that should result in much-faster growth in oil production...
Domestic considerations in petroleum product prices.
The U.K.-based Central For Global Energy Studies aims to dispel a few oil industry myths that many industry experts...
The stimulus of lower oil prices may be just what the global economy needs, if the world is to avoid a double‐dip...
Foreign firms take wait-and-see attitude before return to war-ravaged country; OPEC will have to find ways to...
The kingdom reduced supply by 400,000 barrels a day, or about 4 percent, last month, Oil Minister Ali al-Naimi said Oct.
Libya’s oil output has reached 500,000 b/d after Repsol YPF SA began producing 60,000 b/d of oil from its El Sharara...
OPEC: Will they go for shock treatment or will (Saudi) reason prevail? OPEC ministers face one of their toughest...
OPEC countries plan to bring on stream a total of 21 million b/d of new oil capacity over the next five years, the...
The UAE's Opec governor has warned of dark days ahead for the global economy and urged oil producers to prepare for a...
Saudi Arabia will spend $43 billion on its poorer citizens and religious institutions. Kuwaitis are getting free food...
"...substantial growth—about 53% from 2008 to 2035—in world energy consumption,”
Cartel cites weak U.S. economy, says concerns about tight oil market easing
Opec's Secretary-General believes the price of oil remain at present levels for the rest of the year. Read article Oil...
Western economies need to get their house in order or they risk jeopardising billions of dollars in oil investments,...
The effort to revive Libya’s oil industry will have global consequences
Top Sources: OPEC
- platts.com
- platts.com
- Times of India
- BusinessWeek
- bit.ly
- Reuters
- oilandgasiq.com
- Economictimes
- bit.ly
- CNN Money
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