News // Middle East and OPEC
The Organization of Petroleum Exporting Countries has revised its forecast of 2010 global oil demand by 100,000 b/d in its latest monthly Oil Market Report, citing a world economy that continues to grow at a below-average pace
12 October 2010 , 23:51Oil&Gas Journal15740
Iran is preparing to increase the volume of gasoline it produces by 60 million liters a year, deputy Iranian Oil Minister Abdolhosein Bayat said.
06 August 2010 , 13:17Oil and Gaz Eurasia17400
Opec's proven crude oil reserves rose by 4% in 2009 to 1.06 trillion barrels, according to the group's annual statistical bulletin, led by an increase in Venezuela, Reuters has reported.
07 July 2010 , 12:41AMEinfo.com17060
The Organisation of Petroleum Exporting Countries, or Opec, will likely keep its production quota unchanged when it next meets in October, Libya's top oil official said Sunday.
07 June 2010 , 10:28Gulf News18910
According to OPEC’s official report, the cartel earned $187 billion from crude exports in the first three months of 2010, or almost double the figure for the same period last year.
22 April 2010 , 11:00Oil and Gas Information Agency20500
Iran and Kuwait are holding talks on the construction of a 570-kilometer pipeline to transfer Iranian gas to the Persian Gulf littoral state.
07 April 2010 , 08:52Trend.az26170
OPEC officials on Tuesday appeared undecided on how to respond if oil prices rose definitively above the $70-80 a barrel range they have praised this month, highlighting a looming challenge for the cartel.
31 March 2010 , 09:33Reuters18030
OPEC members on Tuesday prepared to announce a freeze in the cartel's oil output ceiling here as crude prices jumped to near 82 dollars.
17 March 2010 , 08:49AFP23060
They appear quite content with current oil prices, but measuring energy demand and addressing a decline in output-quota compliance rank as two stiff challenges that members of the Organization of the Petroleum Exporting Countries will confront this week.
15 March 2010 , 08:36MarketWatch32100
The Organization of Petroleum Exporting Countries, in its latest monthly Oil Market Report, expects worldwide oil demand to grow by 900,000 b/d in 2010.
11 March 2010 , 10:59PennEnergy36010
State oil giant Saudi Aramco plans to inject carbon dioxide into the world's biggest oilfield by 2012.
16 February 2010 , 13:15Reuters20590
US dependence on Organisation of Petroleum Exporting Countries (OPEC) for energy is not set to fall in the near future despite focus on renewable energy.
16 February 2010 , 12:43Commodity Online15380
The U.S. government and OPEC on Wednesday took divergent views on the changing outlook for global oil demand this year.
11 February 2010 , 08:44Reuters12780
OPEC will keep supply unchanged when it meets on Tuesday in Angola, Algeria's Energy Minister Chakib Khelil said on Sunday.
21 December 2009 , 17:33Reuters15270
Powerful cleric Akbar Hashemi Rafsanjani called on Iran's political factions to stand together against foreign pressure on Tehran over its nuclear …
04 December 2009 , 12:01siasat15090
Core Gulf Organisation of Petroleum Exporting Countries (Opec) members are delivering over 90 per cent of the oil supply curbs the organisation agreed last year.
10 August 2009 , 13:43gulfnews11960
Iran inaugurated its first offshore oil platform in the Caspian Sea on Thursday in its latest push for a bigger territorial stake in the wealth of natural resources beneath the seabed, state television reported.
Iran inaugurated its first offshore oil platform in the Caspian Sea yesterday in its …
The 12 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 28.09 million barrels of
Oil inventories are at the highest in nearly two decades and global fuel demand is falling