Latest News on Opec
Showing of 0 - 10 from 127 results
Opec - Total results - 127
Oct 09, 2017
OPEC should go for 'responsible pricing', consider India as preferred sales destination, says PradhanIndia sources about 86 percent of crude oil, 75 percent of natural gas and 95 percent of LPG from OPEC member countries.
Oct 09, 2017
Saudi Aramco hopes to set up joint venture with India by next year, says CEO Amin NasserAramco, like other major oil producers, wants to tap rising demand growth opportunities and invest in the world’s third biggest consumer.
Oct 05, 2017
King Salman becomes first Saudi royal to visit Russia, likely to discuss defence, oil contractsSaudi Arabia's King Salman, on the first official trip to Russia by a ruler of the oil-rich Sunni powerhouse, was set to meet President Vladimir Putin to discuss energy contracts.
Aug 13, 2017
Ras al-Zour oil spill: Kuwait battles to control damage, Saudi Arabia puts emergency plan in actionKuwait battled Sunday to control an oil spill off its southern coast that stained its beaches, threatened to damage power plants and left long black slicks in the Persian Gulf.
Aug 10, 2017
Saudi Arabia, Iraq pledge to maintain oil production cuts agreed between OPEC, other nationsSaudi Arabia and Iraq have expressed their commitment to abiding by an agreement to cut oil production that was signed between the Organisation of the Petroleum Exporting Countries (OPEC) and 10 other nations, the media reported on Thursday.
Jul 17, 2017
Bharat Petroleum makes its first US oil purchase, buys Mars, PoseidonBPCL has bought a cargo containing 500,000 barrels each of Mars and Poseidon for delivery from 26 September to 10 October.
Jul 10, 2017
Venezuelan people mark 100 days of protests against President Nicolas MaduroVenezuelan demonstrators commemorated 100 days of continued street protests against President Nicolas Maduro and celebrated the release of leader Leopoldo Lopez.
Jun 06, 2017
Gulf diplomatic crisis may not be an issue right now for Indian economyCorporate India would be concerned at this development as there are several EPC (engineering, procurement, construction) companies that are involved in some large projects in Gulf region
May 26, 2017
OPEC to extend oil output cuts until March, effective reduction 1.8 mn barrels a dayThis is the first time since 2001 that OPEC and some of its rivals had reached a deal to jointly reduce output to tackle the global oil glut.
May 25, 2017
Oil prices rise in anticipation of extended OPEC-led production cutThe production cut, introduced in January, was initially only to cover the first half of 2017, but an ongoing glut has meant that OPEC and its allies who are meeting in Vienna on Thursday are expected to extend the cut by nine or potentially even 12 months.