Showing 1 - 7 of 7
Opec secretary-general dies 'unexpectedly'
Published on 06/07/2022
» Organization of the Petroleum Exporting Countries (Opec) secretary-general Mohammad Barkindo, an oil industry veteran who steered the group through the creation of the Opec+ alliance, has died in his native Nigeria, according to officials.
Energy crossroads
Asia focus, Published on 04/10/2021
» The coronavirus pandemic has taken a huge toll on nearly all forms of economic activity and the energy sector is no exception. Mobility restrictions and lockdowns have put energy resilience to the test as demand plunges and many projects come to a standstill.
Trump says OPEC+ planning to cut production 20 mn bpd
AFP, Published on 13/04/2020
» WASHINGTON - Top global oil producers are considering slashing output by 20 million barrels a day under the terms of a deal to boost prices, US President Donald Trump said on Monday.
Top oil producers agree on 'historic' cuts amid coronavirus crisis
AFP, Published on 13/04/2020
» VIENNA: Top oil-producing countries agreed Sunday on "historic" output cuts in a bid to boost plummeting oil prices due to the new coronavirus crisis and a Russia-Saudi price war.
G20 ministers talk amid impasse over oil output deal
AFP, Published on 10/04/2020
» RIYADH - G20 energy ministers will hold a virtual meeting Friday after an oil production cut agreement between OPEC and its allies to shore up prices hit an impasse, with Mexico rejecting the proposed curbs.
OPEC 'close' to deal on output cuts to counter price collapse
AFP, Published on 10/04/2020
» LONDON - Top oil producers attempted to finalise a crucial agreement on output cuts in the small hours of Friday in a bid to counter a collapse in prices due to the coronavirus pandemic and a Saudi-Russian price war.
Oil producers consider continuing curb on output
Published on 27/03/2017
» KUWAIT CITY - Oil producers have pledged to consider extending their pact limiting supply, as half a dozen nations said more time was needed to drain swollen stockpiles.