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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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The most active stories in this topic based on user activity.
Bid to debunk reports that National Oil Corp. head Shukri Ghanem had defected.
Official acknowledges ‘shortage’ in global oil
Following the dismissal of oil minister and objection by the powerful body of clerics and jurists; will send a...
Iran has discovered a deposit of light oil offshore of an estimated in-place reserve of 756 million barrels valued at...
OPEC crude production has been climbing steadily alongside rising oil prices and the latest Platts survey shows a...
OPEC members with spare capacity are ready to pump above agreed limits if there is a need, but the producer group is...
Saudi Arabia's Opec governor says that the nation will produce 10.8m barrels of oil a day by 2030.
Cartel is a main beneficiary of high oil prices
Bill would make the upstream sector to have a new acreage management system with the robust gas fiscal terms, while the...
With only two weeks to the end of the lifespan of the sixth Senate, 34 bills, including the ...
The newly released May cargoes also driving apart Bonny Light and Qua Iboe differentials which are generally close to...
Saudi Arabia’s Oil Minister Ali al- Naimi said the global “market is oversupplied” with crude even as the world’s...
Total announces that its subsidiary, TEPA Limited, and Sonangol E.P., have discovered hydrocarbons in the north-eastern...
Is Saudi Aramco waiting for $200-a-barrel oil or is the emperor simply wearing no clothes?
Opec production rise less than expected to make up shortfall
Nirmalendu Bandyopadhyay an offshore asset integrity consultant from India, speaks exclusively to Oil and Gas IQ on the...
Of Western nations, only Germany, which has been hesitant to call for a no-fly zone over the country to protect...
The global economic recovery is unlikely to be threatened by rising oil prices, Amrita Sen, oil analyst at Barclays...
A tanker arrived at an east Libyan port on Tuesday to load the first crude cargo since unrest shut down exports in...
Kuwait sees no oil shortage, $90-$100/b is fair price - read this Platts news article and other stories in oil by...
Al Jazeera television reported on Monday that forces loyal toMuammar Gaddafi had bombarded Misla oil field in eastern...
Legal hurdles could delay for weeks, if not months, a long-awaited $12 billion joint venture deal with Shell to capture...
Kuwait Oil Company (KOC) has laid a third contract for oil services for the US Company Schlumberger, thus raising the...
Big public spending planned to curb unrest
Top Sources: OPEC
- platts.com
- platts.com
- Times of India
- BusinessWeek
- bit.ly
- bit.ly
- oilandgasiq.com
- Reuters
- Economictimes
- CNN Money
