Search For "opec"
Russia to carry on voluntary oil export cuts by 300,000 barrels a day unti
Updated : 2 years, 4 months ago IST
Russia will continue additional voluntary oil export cuts by 300,000 barrels a day until 2023 end, reported Russian news agency TASS.
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UAE economy robust, with constant contributions from non-oil sector: OPEC
Updated : 2 years, 5 months ago IST
The UAE's economy remains robust, with constant contributions from the non-oil sector, especially from tourism, leisure, and real estate, according to the OPEC's Monthly Oil Market Report (MOMR) for October 2023.
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OPEC sees global oil demand at 116 mb/d in 2045
Updated : 2 years, 5 months ago IST
The 17th edition of the flagship publication takes on board recent energy and economic-related developments, particularly related to the shifting dynamics around net zero policies, with many populations questioning the targets and the benefits, policymakers reevaluating their approach to ene
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Global crude oil prices soar following Hamas attack on Israel
Updated : 2 years, 5 months ago IST
Global crude oil prices moved in the northward direction on Monday, following the Israel-Hamas war that entered Day 3 with large fatalities on both sides.
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Petroleum Minister Puri urges OPEC to infuse sense of affordability in oil
Updated : 2 years, 5 months ago IST
"Minister of Petroleum and Natural Gas Hardeep Singh Puri urged OPEC to recognize the gravity of the current economic situation and urged the Secretary-General to use his office to imbue a sense of pragmatism, balance and affordability in the oil markets," stated the Ministry of Petroleum a
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Amid rising gas prices, US inflation soars to 3.7 pc
Updated : 2 years, 6 months ago IST
Amid rising gas prices, the US inflation rose to 3.7 per cent, recording an acceleration for the second-straight month, CNN reported on Wednesday.
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UAE’s economy to continue its robust performance in 2023: OPEC monthly rep
Updated : 2 years, 7 months ago IST
The Organisation of the Petroleum Exporting Countries (OPEC) forecast that the UAE’s economy will continue its robust performance in 2023, after recording a growth of 7.9 per cent year-on-year in 2022
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OPEC Secretary General to participate in G20 meeting in India
Updated : 2 years, 8 months ago IST
The Secretary General said: “It is an honour to be representing OPEC’s Member Countries at the meeting, and one that is taking place in India, a key strategic dialogue partner of our Organisation. It is a vital platform to highlight OPEC’s views on energy transitions and
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COP28 President-Designate calls on oil & gas industry to allocate capi
Updated : 2 years, 8 months ago IST
COP28 President-Designate, Dr Sultan Al Jaber, today delivered a speech to the 8th OPEC International Seminar, being held this week in Vienna, in which he urged the oil and gas industry to allocate capital at scale to clean energy solutions
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8th OPEC International Seminar opens in Vienna
Updated : 2 years, 8 months ago IST
The 8th OPEC International Seminar kicked off today in the Austrian capital, Vienna, with the participation of the United Arab Emirates, represented by the Ministry of Energy and Infrastructure
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OFID and partners support Tanzania's renewable energy ambitions with USD60
Updated : 2 years, 8 months ago IST
A new USD60 million loan by the OPEC Fund for International Development (OFID) and partners is expected to significantly strengthen energy security in northwest Tanzania.
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Al Hussaini, Minister of State participates in second OPEC Fund Developmen
Updated : 2 years, 9 months ago IST
Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, has participated in the second OPEC Fund Development Forum and the 44th session of the Ministerial Council of the OPEC Fund for International Development, which were held in Vienna, Austria.
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