logo
Archive

Tag: OPEC

Iraq Looks To Lure Saudi Investment As It Tries To Comply With OPEC+ Deal

Iraq is looking to attract investment from Saudi Arabia in one of its natural gas fields, Iraqi Deputy Prime Minister and Finance Minister, Ali Allawi,…

Saudi Arabia Discusses Progress Of OPEC+ Deal With Nigeria

Saudi Arabia’s Crown Prince Mohammed and the president of Nigeria Muhammadu Buhari, discussed the progress of the OPEC+ oil production cut deal this week in…

OPEC Secretary General: Oil Not Out Of the Woods Just Yet

The oil markets are not “out of the woods” just yet, OPEC’s Secretary General Mohammad Barkindo told a virtual panel organized by the Canada-UAE Business…

Kazakhstan Fulfills Obligations to OPEC + by 71% in May

Kazakhstan fulfilled the agreement to reduce oil production by 71% in May, but in August and September it will compensate for this incomplete compliance with…

Russian Sovereign Wealth Fund Speaks Out Against Further OPEC+ Cuts

The one-month extension to the deepest OPEC+ oil production cuts will be enough to speed up market rebalancing and there is no need to extend…

OPEC+ Confident Its Members Will Reach 100% Compliance

OPEC+ emerged from its Joint Ministerial Monitoring Committee (JMMC) on Thursday confident that all members would reach their respective production quotas as laid out in the Declaration…

Is Iraq Finally Complying With The OPEC+ Oil Output Deal?

OPEC’s second-largest producer, Iraq, which is also the least compliant member of OPEC+, has made significant cuts in its crude oil exports so far in…

Azerbaijan Fulfilled Its Obligations under OPEC + by 98% in May

Oil production in Azerbaijan in May 2020 amounted to 557.2 thousand bpd against the April indicator of 679.8 thousand bpd, the Ministry of Energy reports….

Barkindo Expresses Desire to See Azerbaijan as Member of OPEC

The world owes a lot to Azerbaijan for promoting international energy cooperation and for being at the forefront of efforts to ensure sustainable stability of…

Oman Is Desperate For Help As Economy Crumbles

Non-OPEC oil producer Oman has been talking to other countries in the Gulf about potentially receiving financial aid to help its economy and fiscal position…

0

Your Cart