accountMost oil companies operating in Libya, including France's Total and China's CNPC, have partly or completely shut down...
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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.
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After the oil crisis in the 1970s, the world turned to the North Sea region to reduce dependence on OPEC.
Libyan leader Muammar Qaddafi vowed to repel allied forces pounding military installations in his country in the first...
Saudi Aramco reported that a recent well in Manifa oil field, drilled to 32,136 ft TD, set a new length record for...
Oil companies need replacement for lost barrels
Libya’s oil production fell to less than 400,000 barrels a day after foreign companies pulled out their staff, the...
Libya's government maintained its pressure on international oil companies even as the US government announced its...
Brent crude earlier rose above $117 a barrel after the resolution, but suddenly dropped more than $3 to around $113 a...
Oil gains on concerns of supply disruption in the middle east and increased demand from Japan following the devastating...
Fatih Birol, the chief economist of the International Energy Agency, does not shy from spreading alarming messages,...
The Organization of Petroleum Exporting Countries may meet to assess the impact on oil supply from the nuclear crisis...
Crude oil fluctuated as Western allies pressed on with plans for military action against Libya and Muammar Qaddafi ’s...
Oil prices fell after the Libyan government said it would halt all military action to quell civil unrest in the...
Oil prices charged to fresh 2-1/2 year highs on Monday as traders reacted to increasing violence in major producer...
An explosion washeard at a Nigerian onshore oil flowstation operated by Agip in the Niger Delta on Wednesday, security...
Call on legislature to eschew delays and spurious alterations
The gas-to-power initiative, scripted as part of Nigeria's industry roadmap, appears threatened by red tape.
The bill, among other provisions restricts a petroleum exploration licence to a period of three years.
Muammar Qaddafi set his sights on Benghazi as his forces moved into the gateway city of Ajdabiya, 100 miles (161...
Tripoli asks foreign firms to resume oil exports while the Libyan rebel leader warns of future consequences.
Nigerian militants warn of bomb attacks on oil industry - read this Platts news article and other stories in oil by...
Industry sources confirm IOCs aim to convince legislators as well as government officials to switch proposals
Nigerian militants said Monday they will begin bombing oil installations in the Niger Delta and other targets in the...
"Higher revenues would not only translate into rising subsidies on fuel imports but that governments at all levels...
Beyond the asset freeze, Zuma proposed yesterday that Libya's membership in the African Union be suspended while in...
Top Sources: OPEC
- platts.com
- platts.com
- Times of India
- BusinessWeek
- bit.ly
- bit.ly
- oilandgasiq.com
- Reuters
- Economictimes
- CNN Money
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