Thu, 23 May 2013 13:33:07 CDT maritime-executive.com
Algeria is the largest natural gas producer and second largest oil producer, after Nigeria, in Africa. It became a member of the Organization of the Petroleum Exporting Countries (OPEC) in 1969, shortly after it began oil production in 1958.
Thu, 23 May 2013 10:50:18 CDT bloomberg.com
The Organization of Petroleum Exporting Countries will keep crude shipments little changed into early next month as abundant inventories cap demand, tanker tracker Oil Movements said.
Mon, 20 May 2013 22:13:47 CDT rtcc.org
Ecuador has said it wants OPEC to establish a fund to compensate countries who keep Amazon oil in the ground.
Mon, 20 May 2013 12:04:57 CDT payvand.com
National Iranian Petrochemical Organization (NIPO) says Turkey and Egypt have agreed with Iran's proposal to form an international petrochemical association similar to the Organization of Petroleum Exporting Countries (OPEC) .
Sat, 18 May 2013 16:17:15 CDT ameinfo.com
Qatar: Opec has said French oil major Total is looking to re-develop Qatar's offshore Al Khalij oil field in a bid to stabilise and boost its recovery rate, Gulf Times has reported. Total recently negotiated a 25-year extension to its licence to operate the field. The deal was due to expire in 2014. Production from the field, which was as high as 50,000 bpd in 2005 and 40,000 bpd in 2008, currently stands at around 25,000 bpd. Total discovered the field in 1991 after signing up for a 25-year operating....
Thu, 16 May 2013 10:49:05 CDT bloomberg.com
The Organization of Petroleum Exporting Countries will increase crude exports this month to meet rising demand from Asian refiners, tanker tracker Oil Movements said.
Thu, 16 May 2013 10:09:04 CDT bloomberg.com
The European Union could contain energy costs by calling for action from the Organization of Petroleum Exporting Countries, former U.S. Energy Secretary Bill Richardson said today.
Wed, 15 May 2013 16:46:57 CDT npr.org
The United States has emerged as the star performer on the global oil scene, according to the latest oil outlook from the International Energy Agency. Oil production from the United States grew at a record pace last year for a non-OPEC nations. Meanwhile, emerging economies have become the big oil buyers.
Tue, 14 May 2013 15:51:52 CDT npr.org
The United States has emerged as the star performer on the global oil scene, according to the latest oil outlook from the International Energy Agency. Oil production from the United States grew at a record pace last year for a non-OPEC nations. Meanwhile, emerging economies have become the big oil buyers.
Tue, 14 May 2013 14:42:20 CDT thenewsguard.com
OPEC ( Organization of the Petroleum Exporting Countries ) is pressuring the Chagosians to join the cartel.