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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 Len Gilbert. This topic contains 1,126 news and 133 blog items. Read updated news, blogs, and resources about OPEC. Find user-submitted articles and reactions on OPEC from like-minded professionals.

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Corruption driving Nigeria's state NNPC into bankruptcy: reportmore

Widescale corruption and fraud perpetuated by former Nigerian leaders has driven the state oil company into insolvency,...

OPEC weekly oil price rebounds slightlymore

The weekly average prices of the Organization of Petroleum Exporting Countries (OPEC) rebounded slightly last week,...

OPEC Sailings Seen +20,000 B/D In 4 Weeks To July 31 -Trackermore

day in the four weeks to July 31, tanker tracker Oil Movements said Thursday. Exports from the 10 OPEC members tracked...

Oliver Stone���s Latin America in ���South of the Border���more

Amazon, not the Andes, and the United States does not ?import more oil from Venezuela than any other OPEC nation,? a...

Regulating the Oil Industry: What Went Wrong with BP's Deepwater Disas...more

The BP Deepwater Horizon oil spill has turned the whole oil industry on its head. The oil spill is currently the...

Chavez mulls fate of banker's Globovision TV sharesmore

channel whose bank was taken over this week. Globovision is the last major broadcaster in the Latin American OPEC...

How Will the Bribery Act Affect the Oil and Gas Industry?more

Andrew Picken speaks with Jessica Livingston of Oil and Gas IQ. Picken is a London-based partner in McGrigors LLP's...

BP Oil Spill: Marketing Opportunity?more

Looks like the Marketing guys at Procter & Gamble are one of the few companies to actually benefit from the Gulf of...

Platts feature: OPEC Guide update: OPEC's crude basket back in range a...more

After four consecutive days below $70/barrel, OPEC's crude basket on May 27 climbed back into the $70-$80/b range the...

FLNG a Viable Alternative for an Early Production Scheme by Tyrm Tveit...more

Trym Tveitnes, Chief Technical Officer, Flex LNG speaks exclusively to Oil & Gas IQ’s Bryan Camoens about the...

Root Cause Analysis: Definedmore

Abdulaziz O. Al-Ajaji, ID/OID/Inspection Engineering, Saudi Armco, speaks with Oil and Gas IQ on asset integrity...

Submerged Installations the Real Challenge by Nirmalendu Bandyopadhyaymore

Nirmalendu Bandyopadhyay an offshore asset integrity consultant from India, speaks exclusively to Oil and Gas IQ on the...

Platts feature: Nigerian Oil Production -- Nigeria secures $23 billion...more

After years of seeking international investment for its refining sector, Nigeria has finally secured a major deal with...

Oil prices may hit $100 a barrel'more

Iran and the West over the formers nuclear activities, security developments in Organisation of the Petroleum Exporting...

Platts podcast: Western Suezmax rates at three-month highs on demandmore

In this Platts podcast, Will Bathurst, managing editor for Platts Marine Alert, discusses reasons behind Worldscale...

Oil Tumbling in Options on OPEC Quotas, U.S. Demand (Update1)more

OPEC violating production quotas at the same time as demand from industrialized nations stagnates is spurring bets in...

OPEC celebrates 50th anniversarymore

The Organization of Petroleum Exporting Countries (OPEC), headquartered in Austrian capital city Vienna, performed a...

Platts feature update: OPEC agrees output rollover, to meet next on Oc...more

OPEC on March 17 agreed as expected to maintain current official crude output quotas under a 24.845 million b/d target,...

Opec and oilmore

sometimes miss the forest for the trees. So the 160 journalists in Vienna covering the 156th meeting of Opec, the oil...

OPEC Leaves Quotas Unchanged, Despite Big Inventorymore

the global rebound. Saudi Arabia, OPECs largest producer, has said it favored prices at about $80 a barrel.

Saudi oil flows east as demand in Asia growsmore

a huge market,' Mr Naimi said. Saudi Arabia has shouldered the bulk of the output cuts announced by Opec, the oil...

Platts - The Barrel: OPEC: Onward and upwardmore

The gap between OPEC's official 24.845 million b/d target and what it's actually producing continues to widen.

Platts feature update: Nigeria's oil output may slip to under 2 mil b/...more

Nigeria's oil production could slip to 1.9 million b/d in February if militants carry out their threats to resume...

OPEC President Pinto Expects Price Stability as Demand Recoversmore

slow U.S. economic expansion and sustained growth in China, Pinto said. So far, there is “no sign” OPEC will change...

Platts feature: Nigeria oil output rises to 2.2 million b/dmore

Nigeria's oil production has risen to about 2.2 million b/d after an amnesty agreement with militants allowed the...

Top Sources: OPEC

  • platts.com
  • Times of India
  • BusinessWeek
  • bit.ly
  • oilandgasiq.com
  • Reuters
  • Economictimes
  • CNN Money
  • BBC
  • Platts

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