Search for: "Organization of Petroleum Exporting Countries (OPEC)"
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22 Jan 2023, 9:36 pm
The invasion of Ukraine and production cuts by the Organization of the Petroleum Exporting Countries (OPEC) are focusing policy attention on energy security. [read post]
29 Dec 2022, 5:31 am
The Venezuelan government is heavily reliant on oil exports for income, making Venezuela similar to other “petrostates” within the Organization of the Petroleum Exporting Countries (OPEC). [read post]
11 Oct 2022, 4:33 am
RUSSIA, UKRAINE – ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES The U.A.E. [read post]
6 Oct 2022, 4:27 am
RUSSIA, UKRAINE – ENERGY CRISIS Saudi Arabia and Russia, acting as leaders of the Organization of the Petroleum Exporting Countries Plus (OPEC Plus) energy cartel, agreed yesterday to their first large production cut in more than two years in a bid to raise prices. [read post]
5 Oct 2022, 4:19 am
RUSSIA, UKRAINE – OTHER DEVELOPMENTS The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are expected to approve a cut in oil production in order to bolster prices when officials meet in Vienna today. [read post]
14 Sep 2022, 1:54 pm
The Organization of the Petroleum Exporting Countries and OPEC Plus, an oil cartel created in 2016 by Russia and Saudi Arabia, indicates an enduring relationship between the two countries. [read post]
3 Jun 2022, 4:37 am
The United States and dozens of countries have used export bans to cut off shipments of advanced technology to Russia, hobbling its ability to produce weapons to replace those that have been destroyed in the war, according to American and European officials. [read post]
12 May 2022, 7:57 am
Senate committee passed a bill that could expose the Organization of the Petroleum Exporting Countries and partners to lawsuits for collusion on boosting crude oil prices. [read post]
11 Oct 2021, 5:01 am
In response to concerns that Organization of the Petroleum Exporting Countries (OPEC) countries were purchasing strategic U.S. assets, President Ford created CFIUS to empower agencies to review transactions involving foreign investments in order to determine their effect on national security. [read post]
4 Aug 2021, 12:02 pm
It does so by taking the practices of the world’s best-known energy cartel, the Organization of Petroleum Exporting Countries (OPEC), as an example. [read post]
2 Oct 2019, 9:22 am
Ecuador announced their intention to leave the Organization of the Petroleum Exporting Countries (OPEC) on Jan. 1, reports Reuters. [read post]
3 Dec 2018, 11:05 am
Qatar is preparing to leave the Organization of the Petroleum Exporting Countries, known as “OPEC,” after almost six decades in the alliance, and plans to focus on its rapidly growing natural gas production, says the Journal. [read post]
19 Oct 2016, 9:30 pm
The White House stated that the standards’ anticipated reductions “are nearly equal to the greenhouse gas emissions associated with energy use by all U.S. residences in one year,” and that the “total oil savings under the program would be greater than a year’s worth of U.S. imports from the Organization of the Petroleum Exporting Countries (OPEC) each year. [read post]
16 Sep 2016, 5:04 am
What to Watch OPEC... [read post]
1 Jun 2016, 7:03 am
This comes amid fighting between the Petroleum Facilities Guard (PFG), the group of fighters which controls much of the Libya’s oil infrastructure, and the Islamic State over several towns east of the terrorist organization’s Sirte stronghold. [read post]
28 Apr 2016, 4:31 pm
EIA: “Iraq is the second-largest crude oil producer in the Organization of the Petroleum Exporting Countries (OPEC) after Saudi Arabia, and it holds the world’s fifth-largest proved crude oil reserves after Venezuela, Saudi Arabia, Canada, and Iran. [read post]
26 Apr 2016, 5:03 pm
The crude oil market rebounded from a low of $25 per barrel in mid-January to $40 per barrel in April following production disruptions in Iraq and Nigeria and a decline in non-Organization of the Petroleum Exporting Countries production, mainly U.S. shale. [read post]
11 Mar 2016, 9:11 am
He has also written in cases involving the Organization of the Petroleum Exporting Countries (Freedom Watch v. [read post]
26 Feb 2016, 10:53 am
The Organization of the Petroleum Exporting Countries (OPEC) has also increased oil production, further increasing the available supply. [read post]
6 Sep 2015, 7:35 am
They argue that one of the key threats to energy markets is whether an actor can constrict a country’s supply of oil—and here U.S. and allied military dominance makes this a threat in U.S., not enemy, hands. *** Western framing of the relationship between oil and national security remains linked to concerns that the owners of oil-producing assets in Saudi Arabia or other Organization of Petroleum Exporting Countries (OPEC) might… [read post]