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Tag "Organization of Petroleum Exporting Countries (OPEC))"

OPEC pledges collaboration with gas exporting countries on market stability

    OPEC pledges collaboration with gas exporting countries on market stability

The Organisation of the Petroleum Exporting Countries (OPEC) has pledged to collaborate with the Gas Exporting Countries Forum (GECF) to ensure global energy stability and sustainability. The oil cartel made

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Barkindo: Global energy requires $12.6trn investment by 2045

    Barkindo: Global energy requires $12.6trn investment by 2045

The Organisation of Petroleum Exporting Countries (OPEC) says the global energy sector requires about 12.6 trillion dollars investment cumulatively for development by 2045. Mohammad Barkindo, OPEC secretary-general, said this at

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Barkindo: Calls for divestment in oil and gas industry irresponsible

    Barkindo: Calls for divestment in oil and gas industry irresponsible

Mohammed Barkindo, secretary-general of the Organisation of Petroleum Exporting Countries (OPEC), has described calls to withdraw investments from the oil and gas industry as “irresponsible” and unrealistic”. In January, Barkindo had

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Oil rises as OPEC+ again postpones decision on production supply

    Oil rises as OPEC+ again postpones decision on production supply

Crude oil prices continued an upward trend on Monday ahead of another meeting of OPEC+ — consisting of the Organisation of the Petroleum Exporting Countries and allies — where producers

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Oil dips after OPEC+ postpones decision on output increase

  Oil dips after OPEC+ postpones decision on output increase

Crude oil prices edged lower on Friday after OPEC+ — consisting of the Organisation of the Petroleum Exporting Countries and

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Kuwait: OPEC considering extending oil cuts to Nigeria, Libya

  Kuwait: OPEC considering extending oil cuts to Nigeria, Libya

Issam Almarzooq, Kuwait’s oil minister, says Nigeria and Libya may be asked to join the oil production cut agreed on

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Major OPEC members agree to extend output cuts

  Major OPEC members agree to extend output cuts

Major crude-producing countries have reached an initial agreement to extend the output cuts earlier agreed on in December. The Organisation of

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Oil prices rise as Russia begins production cut

  Oil prices rise as Russia begins production cut

The production cut embarked on by members and non-members of the Organization of Petroleum Exporting Countries (OPEC) seems to be

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