News
Middle East and OPEC
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 RadlerPennEnergy
Gulf Opec members adhere to oil curbs
.jpg) 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 , 13:43gulfnews
Iran inaugurates its first Caspian oil platform
.jpg) 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.
OPEC output rises
 The 12 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 28.09 million barrels of
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.
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 Kochneva
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 Kochneva
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 Kochneva
OPEC Postpone 35 Oil Projects
OPEC nations have collectively postponed 35 oil drilling projects as low crude prices deter investment, a top OPEC official reported on Monday
10 February 2009 , 11:41Ksenia Kochneva
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State oil giant Saudi Aramco plans to inject carbon dioxide into the world's biggest oilfield by 2012.
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.
The U.S. government and OPEC on Wednesday took divergent views on the changing outlook for global oil demand this year.
OPEC will keep supply unchanged when it meets on Tuesday in Angola, Algeria's Energy Minister Chakib Khelil said on Sunday..jpg)
Powerful cleric Akbar Hashemi Rafsanjani called on Iran's political factions to stand together against foreign pressure on Tehran over its nuclear ….jpg)
Iran inaugurated its first offshore oil platform in the Caspian Sea yesterday in its …