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Organization of the Petroleum Exporting Countries News is an EIN News Service for energy industry professionals. Constantly updated news and information about energy.
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Latest Organization of the Petroleum Exporting Countries News

  • What's Really Behind the Rupe-a-Dope With Google and Microsoft? Here Are Five Possibilities! 25 Nov 2009 01:07 GMT
    ... There certainly is a lot of noisy swirl of late around the escalating fight between Google and some ... in the face of some kind of OPEC of News consortium. Even more-how much do ...

  • Oil price falls after US growth disappoints 25 Nov 2009 00:42 GMT
    ... Oil price falls after US growth disappoints By Joshua Schneyer New York - Oil prices fell ... a report from MasterCard SpendingPulse on Tuesday. Opec, the exporters' group that pumps one in ...

  • Palinology: A Dinosaur Energy Policy 24 Nov 2009 23:50 GMT
    ... During last year's presidential campaign, Sarah Palin presented herself as an expert on energy. ... would drag up from the wilderness, the OPEC gang would respond, as they have done ...

  • Qatar faces slowdown after '10 growth' 24 Nov 2009 21:54 GMT
    ... From left: Maratheftis, Lyons and Shady Shaher talking to the media Qatar’s economy is expected ... unlikely that production will be cut by Opec. On the base year effect on high ...

  • Peak oil, prices, and supplies - Nov 24 24 Nov 2009 20:48 GMT
    ... 85.9 million bpd. At the same time, the rise in production from outside the Organization of the Petroleum Exporting Countries and output of natural gas liquids (NGLs) from OPEC members is seen growing by just 800,000 bpd in total. "2010 is really a ...

  • VENEZUELA: Hugo Chavez' big mouth! Woops ... he's gone and done it again! 24 Nov 2009 20:42 GMT
    ... My usually pro-Chavez colleague tries to tell me that at his outspoken best, President Hugo Chavez ... was spilled in the 1975 attack on OPEC but if we are to consider the ...

  • Response to George Will: "There is still no alternative to oil" 24 Nov 2009 19:35 GMT
    ... Response to George Will: "There is still no alternative to oil" George Will had quite a ... the oil supply situation. As an example, non-OPEC oil production (crude oil + condensate) reached ...

  • MARKET WATCH: Natural gas prices rise as crude closes flat 24 Nov 2009 19:31 GMT
    ... MARKET WATCH: Natural gas prices rise as crude closes flat -- Natural gas prices for December ... appears to be constrained by expectations surrounding OPEC policy, amid signs sent by the producing ...

  • Oil slides as demand worries remain 24 Nov 2009 19:16 GMT
    ... World oil prices shed more than $1 on the back of high crude inventories and lingering concerns about ... struggling to recover following the financial crisis. OPEC president Jose Maria Botelho de Vasconcelos has ...

  • OPEC will maintain oil prices stability - Venezuela 24 Nov 2009 19:16 GMT
    ... ALGIERS, Nov 24 (KUNA) -- Venezuelan Minister of Energy and Petroleum Rafael Ramirez called here on ... called here on Tuesday member States of OPEC to make a decision on maintaining the ...

  • The Case Against An Energy Comeback 24 Nov 2009 19:15 GMT
    ... "That is a lot of demand that has been lost, that definitely will not come back in 2010," ... Jacazio of Barclays. Saudi Arabia and other OPEC nations have added about 5 million barrels ...

  • OPEC basket price up 95 cents to USD 76.73 pb 24 Nov 2009 19:14 GMT
    ... Nov 24 (KUNA) -- The price of OPEC basket of 12-crudes gained 95 cents on ... USD 75. 78 the previous day, the Organization of the Petroleum Exporting Countries (OPEC) announced. According to OPEC bulletin, the ...

  • Oil prices struggle to stay up USD 80 mark -- bulletin 24 Nov 2009 18:22 GMT
    ... KUWAIT, Nov 24 (KUNA) -- Oil prices hovered around the USD 80 mark as doubts over ... 2009 compared to original estimates. According to OPEC the world oil demand is expected to ...

  • Venezuelan says OPEC's aim is stable oil market 24 Nov 2009 16:54 GMT
    ... Algiers, Nov 24, 2009 (EFE via COMTEX) -- Venezuela's energy minister said here Tuesday that the ... Angola will be ensuring stability in global "OPEC will conduct in the Angola gathering a ...

  • International Monetary Fund: IMF Executive Board Approves US$1.4 Billion Stand-By Arrangement with Angola 24 Nov 2009 16:54 GMT
    ... Nov 24, 2009 (M2 PRESSWIRE via COMTEX) -- The Executive Board of the International Monetary Fund (IMF) ... in the first quarter of 2009, while OPEC cut its production quotas in response, reducing ...


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