Search For "opec"
Dharmendra Pradhan calls for responsible steps to achieve global energy st
Updated : 5 years, 9 months ago IST
New Delhi [India], June 4 (ANI): Petroleum and Natural Gas Minister Dharmendra Pradhan on Thursday held a discussion through video conference with Organisation of the Petroleum Exporting Countries (OPEC) Secretary-General Mohammed Barkindo, where they discussed on recent developments includi
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Iran's OPEC governor in coma after 'severe brain hemorrhage'
Updated : 5 years, 10 months ago IST
Tehran [Iran], May 4 (ANI): Iran's OPEC governor Hossein Kazempour Ardebili is in a coma after a "severe brain haemorrhage", the Iranian Oil Ministry has said.
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OPEC+ oil producers agree on deal to cut output by 9.7m barrels
Updated : 5 years, 11 months ago IST
Dubai [UAE], April 13 (ANI): Big oil producers led by Saudi Arabia and Russia agreed on Sunday to cut output by 9.7 million barrels a day as energy markets grapple with the fallout from the coronavirus pandemic.
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We welcome any news that brings stability to global oil markets: Canada's
Updated : 5 years, 11 months ago IST
Ottawa [Canada], April 13 (Sputnik/ANI): Canada's Natural Resources Minister Seamus O'Regan says Canada welcomes the new OPEC+ oil production cut deal and hopes that it will stabilize the markets.
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'Great deal for all': US President hails 'big oil deal' with OPEC+
Updated : 5 years, 11 months ago IST
Washington D.C. [US], April 13 (ANI): US President Donald Trump on Sunday (local time) hailed the 'big oil deal' with OPEC plus saying it will save 'hundreds of thousands of energy jobs' in the country.
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G-20, OPEC working to rebalance oil market
Updated : 5 years, 11 months ago IST
Dubai [UAE], April 11 (ANI): Energy Ministers of G-20 have arrived at a decision to rebalance global oil markets hit hard by the coronavirus pandemic.
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Putin, Trump, King Salman agree to coordinate on stabilising oil market
Updated : 5 years, 11 months ago IST
Moscow [Russia], April 10 (Sputnik/ANI): Russian President Vladimir Putin, US President Donald Trump and Saudi King Salman have discussed the situation in oil markets and reaffirmed their wish to coordinate moves on stabilising the market situation, the Russian presidential press service sai
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OPEC, Russia reach agreement to cut oil production: Report
Updated : 5 years, 11 months ago IST
Riyadh [Saudi Arabia], April 10 (ANI): The Organisation of Petroleum Exporting Countries (OPEC) and Russia reached a tentative agreement on Thursday to cut oil production by 10 million barrels a day for May and June, reported CNN citing a senior OPEC source.
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Low oil prices heighten global oil and gas companies' financial risks: Moo
Updated : 6 years ago IST
New York [USA], Mar 12 (ANI): Despite the recent plunge in oil prices, Moody's Investors Service expects that oil and gas companies will actively manage their liquidity in 2020, reducing capital spending and potentially reducing or suspending distributions to shareholders amid lower opera
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Saudi Arabia to hike oil output capacity by 1 million barrels per day
Updated : 6 years ago IST
Riyadh [Saudi Arabia], Mar 11 (ANI): Aramco will boost its crude oil output capacity by one million barrels per day, taking the overall daily figure to a potential 13 million, Deutsche Welle reported on Wednesday.
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Oil prices nosedive after OPEC+ deal collapses
Updated : 6 years ago IST
New York [USA], Mar 7 (ANI): Oil prices have plunged to multi-year lows on Friday (local time) after a deal between the Organization of the Petroleum Exporting Countries (OPEC) and its allies, led by Russia, collapsed in Vienna.
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We are committed to 'relative stability' in oil market beyond 2020: OPEC S
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 15 (ANI): The Organisation of the Petroleum Exporting Countries (OPEC) on Tuesday said that its members are determined to ensure that 'relative stability' in the oil market is sustained beyond 2020.
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