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December 14, 2024
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OPEC members
OPEC+ actual oil production fall to be lower than quota cuts
Tuesday, 11 October 2022 12:46
IP- The decision by the Organization of Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, to cut oil production by two million barrels per day (bpd) starting in November will have a muted impact on the global oil market since the actual output cuts will be smaller, Fitch Ratings said Monday.
33rd OPEC+ meeting to be held in Vienna
Sunday, 02 October 2022 10:39
IP- The 33rd meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, will be held in person in Vienna on Wednesday, October 5.
West should adopt rational approach to world energy security: Iranian oil minister
Wednesday, 03 August 2022 21:46
Tehran (IP)- In the current conditions, sustainable and constant cooperation in the OPEC+ could help consumers, the Iranian Petroleum Minister said on Wednesday, expressing hope that major western governments understand the sensitivities properly and adopt a rational approach to achieve energy security.
31st OPEC+ ministerial meeting wrapped up
Wednesday, 03 August 2022 21:38
Tehran (IP)- The 31st OPEC and non-OPEC Ministerial Meeting was held via video conference on Wednesday, August 3, 2022, under the chairmanship of Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, and Co-Chair Deputy Prime Minister of the Russian Federation, Alexander Novak.
Tehran will continue constructive interaction with OPEC: Oil minister
Wednesday, 03 August 2022 20:53
Tehran (IP) - Iranian Oil Minister said on Wednesday Iran, as a founding member of the Organization of Petroleum Exporting Countries (OPEC), would continue its constructive interaction with the OPEC.
OPEC+ ministerial meeting ends with new decisions
Thursday, 31 March 2022 19:07
IP- The 27th OPEC and non-OPEC Ministerial Meeting, which started virtually, ended on Thursday after announcing new decisions on oil production.
OPEC urges global leaders to ensure unhindered energy flow
Thursday, 31 March 2022 17:24
IP- The head of the Organization of Petroleum Exporting Countries (OPEC) on Wednesday called on global leaders to uphold multilateralism to ensure "unhindered, stable and secure" energy flow to the global market.
27th OPEC plus meeting kicks off virtually
Thursday, 31 March 2022 17:22
Tehran (IP)- The 27th meeting of the oil and energy ministers of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, OPEC+ Coalition, began a few minutes ago via videoconference.
Oil rises as UAE backtracks on OPEC output boost statement
Friday, 11 March 2022 00:53
Crude oil prices rose on Thursday after the Emirati energy minister reaffirmed that the UAE would stick to the OPEC plan of gradual production increases.
OPEC president, head of Board of Governors appointed
Wednesday, 01 December 2021 19:50
Congolese Minister of Petroleum was elected as the Chairman of the OPEC conference; the Iraqi Representative to the OPEC Board of Governors was appointed as the Chairman of the board in 2022.
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