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March, Saturday



Question of the week

Will the russian Turkish stream be launched, or an apology to Erdogan is not enough?

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News // Middle East and OPEC

Iran and Kuwait talks about building a new transit gas pipeline between the two countries

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.az27400

No OPEC members consensus about decisions making if oil barrel price stay above $70-80

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 , 09:33Joshua Schneyer, Robert CampbellReuters18650

OPEC will not change its oil output quotas

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 , 08:49AFP23730

Opec members meeting will discuss about unpredictable oil demand future

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 , 08:36Myra P. SaefongMarketWatch34040

OPEC 2010 last outlook

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 , 10:59Marilyn RadlerPennEnergy36740

Aramco finances Saudi biggest oil field renewal

State oil giant Saudi Aramco plans to inject carbon dioxide into the world's biggest oilfield by 2012.

16 February 2010 , 13:15Reem ShamseddineReuters21400

The U.S. are not ready to break oil dependence from the OPEC

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 Online16250

US government and OPEC clash about global demand outlook

The U.S. government and OPEC on Wednesday took divergent views on the changing outlook for global oil demand this year.

11 February 2010 , 08:44Tom Doggett, Joe BrockReuters13340

OPEC to Keep Oil Supply Unchanged: Algeria

OPEC will keep supply unchanged when it meets on Tuesday in Angola, Algeria's Energy Minister Chakib Khelil said on Sunday.

21 December 2009 , 17:33Reuters15670

Rafsanjani calls for Iranian unity on nuclear issue

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 , 12:01siasat15550

Gulf Opec members adhere to oil curbs

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 , 13:43gulfnews12250

Iran inaugurates its first Caspian oil platform

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.

27 July 2009 , 12:56gulfnews.com34870

Iran stakes claim on seabed oil wealth with offshore rig

Iran inaugurated its first offshore oil platform in the Caspian Sea yesterday in its …

27 July 2009 , 11:39nzherald.co14610

OPEC output rises

The 12 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 28.09 million barrels of

13 May 2009 , 13:09energycurrent.17110

High stock and diving demand give OPEC sleepless nights

Oil inventories are at the highest in nearly two decades and global fuel demand is falling

22 April 2009 , 10:09oilnews.com13630

Brazil is unlikely to join OPEC

Brazil is unlikely to join the Organization of Petroleum Exporting Countries anytime soon, despite overtures from the cartel, the head of the nation's state-run oil company said Thursday.

20 April 2009 , 16:27oilnews.com15410

Iran, Nigeria, Venezuela, Angola Excess OPEC Quota in March

OPEC is expected to produce about 1 million barrels a day above its total quota in March

01 April 2009 , 07:30Ksenia KochnevaDow Jones Newswires19560

OPEC Output Cuts - To Be Continued?

OPEC's president Angola believes new cuts are irrelavant, because the influence of the previous curbs should be reseached, but other OPEC members are not that confident
05 March 2009 , 09:35Ksenia Kochneva12650

CGES Says OPEC Output Cuts Will Hardly Up Oil

The OPEC cartel will find it "extremely difficult" to boost oil prices by cutting output because of the uncertain economic climate, energy consultancy CGES said on Monday
24 February 2009 , 08:28Ksenia Kochneva10940

OPEC Members Carry Out 65% of Production Cuts So Far

Members of the Organization of the Petroleum Exporting Countries have implemented nearly two-thirds of the production cuts of 4.2 million barrels per day that they agreed to last September, an OPEC report showed Friday
16 February 2009 , 20:38Ksenia Kochneva11110

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