Search For "petroleum exporting countries"
COVID management, economic growth to support crude demand in 2023: OPEC
Updated : 3 years, 8 months ago IST
New Delhi [India], July 13 (ANI): Better-than-expected containment of COVID-19 and expected firm economic growth are projected to support global demand for crude oil in 2023, the Organization of the Petroleum Exporting Countries (OPEC) said in its latest oil market report.
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OPEC Secretary-General Mohammad Barkindo passes away
Updated : 3 years, 8 months ago IST
Abuja [Nigeria], July 6 (ANI): Organization of the Petroleum Exporting Countries (OPEC) Secretary-General, Mohammad Sanusi Barkindo, passed away on Tuesday in his home country, Nigeria.
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OPEC Secretary General Mohammad Sanusi Barkindo passes away at 63
Updated : 3 years, 8 months ago IST
Abuja [Nigeria], July 6 (ANI): Organization of the Petroleum Exporting Countries' (OPEC) Secretary-General, Mohammad Sanusi Barkindo, passed away at his home country Nigeria at the age of 63.
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OPEC lowers global economic, oil demand forecasts
Updated : 3 years, 10 months ago IST
Vienna [Austria], May 12 (ANI/Xinhua): The Organization of the Petroleum Exporting Countries (OPEC) on Thursday revised its forecasts for this year's global economic growth and oil demand, citing COVID-19-induced restrictions and geopolitical tensions.
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US considers OPEC decision to increase oil production 'not right': Special
Updated : 3 years, 11 months ago IST
Washington [US], April 1 (ANI/Sputnik): The United States believes the Organization of the Petroleum Exporting Countries' (OPEC) decision to continue increasing production was "not right," US Special Envoy and Coordinator for International Energy Affairs Amos Hochstein told Bloomberg on Frid
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Brazil currently has no immediate plans to join OPEC
Updated : 4 years, 3 months ago IST
Brasilia [Brazil], November 17 (ANI/Sputnik): Brazil does not plan to join the Organisation of the Petroleum Exporting Countries (OPEC) at the moment, but is determined to interact with it in the format of cooperation, Brazilian Minister of Mines and Energy Bento Costa Lima Albuquerque said
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OPEC maintains 2021, 2022 forecasts for Russia's liquids production unchan
Updated : 4 years, 4 months ago IST
Moscow [Russia], November 11 (ANI/Sputnik): The Organization of the Petroleum Exporting Countries (OPEC) maintained its forecasts for Russia's oil and condensate production in 2021 and 2022 unchanged at 10.78 million barrels per day (mb/d) and 11.78 mb/d respectively.
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High fuel prices not good for both oil producer, consumer countries: India
Updated : 4 years, 4 months ago IST
New Delhi [India], November 3 (ANI): Stating that higher fuel prices are not good for both Oil producing and Oil consuming countries, Indian Oil Corporation Ltd (IOCL) Chairman SM Vaidya on Wednesday said that the Organisation of Petroleum Exporting Countries (OPEC) should increase the produ
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Pradhan urges OPEC to phase out production cuts sooner, maintain crude pri
Updated : 4 years, 8 months ago IST
New Delhi [India], June 24 (ANI): In a high-level consultation meeting on Thursday, Union Minister of Petroleum and Natural Gas and Steel Dharmendra Pradhan urged the Organization of the Petroleum Exporting Countries (OPEC) to phase out production cuts sooner and maintain crude prices at a r
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OPEC+ agrees to increase output by 500,000 barrels a day in January
Updated : 5 years, 3 months ago IST
Vienna [Austria], December 4 (ANI/Xinhua): The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries decided at a meeting on Thursday to increase oil production by 500,000 barrels per day (bpd) in January 2021.
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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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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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