site.news_by_theme OPEC
Kazakhstan denies postponement of Kashagan maintenance due to gas shortage
Tengrinews.kz - Kazakhstan government denied information about Ministry of Energy's request to postpone the planned maintenance scheduled for
06 September 2024
Oil prices fall due to investors uncertainty
World oil prices declined on November 22 due to the uncertainty of investors regarding the possible outcome of a meeting of OPEC in Vienna.
23 November 2016
Oil prices gain despite rising OPEC supply forecast
Oil prices on the rise joining the positive movement on equities markets despite a new forecast from producing countries for 2017.
13 September 2016
OPEC happy with oil market, kingpin Saudi says
Saudi Arabia expressed confidence that oil prices will keep recovering.
02 June 2016
Oil plummets on Doha failure
Oil plunged Monday a day after top producers failed to reach a deal in Doha to cap output.
18 April 2016
OPEC warns on oil 'oversupply' ahead of crunch Doha meeting
OPEC warned that the world remains awash with crude ahead of a crunch meeting in Doha to discuss a production freeze to boost the oil price.
13 April 2016
Putin says agreement sealed with Russian oil firms to freeze output
Russian President Vladimir Putin said Wednesday that he had sealed a pact with the country's oil majors to freeze production.
03 March 2016
Gulf monarchs seek united front at annual summit
Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates face regional divisions, but will struggle to find common ground.
09 December 2015
OPEC chief confident of a balanced oil market in 2016
OPEC is confident that the oil market will be "more balanced" next year as non-OPEC production has contracted and global demand is increasing.
12 October 2015
OPEC unlikely to lose oil influence to US shale: analysts
OPEC's announcement that it is keeping crude output levels unchanged again, despite a collapse in oil prices, reflects the growing influence of booming US shale.
07 June 2015
OPEC expected to keep status quo on oil output
OPEC ministers gather for an eagerly awaited meeting which is widely expected to leave its output levels unchanged, despite the recent oil price collapse and global oversupply.
05 June 2015
Venezuela seeks allies outside OPEC to steady oil prices
Latin American crude producer Venezuela, struggling to cope with sharply lower oil prices, is seeking support outside OPEC to stabilise the market.
03 June 2015
Saudi oil minister says OPEC strategy working
OPEC's strategy of not cutting production in order to maintain market share is working, Saudi Arabia's oil minister said.
02 June 2015
Venezuela's Maduro holds talks in OPEC kingpin Saudi
Venezuelan President Nicolas Maduro held talks in OPEC's leading oil producer Saudi Arabia.
12 January 2015
Venezuela's Maduro in Iran for oil talks
Venezuelan President Nicolas Maduro arrived in Tehran for a 24-hour visit during which he will meet officials from fellow OPEC member Iran.
10 January 2015
Venezuela's Maduro heads to China to seek financial aid
Venezuelan President Nicolas Maduro begins a trip to China and OPEC member countries late Sunday in search of financial support.
05 January 2015
OPEC won't cut output even at $20 a barrel: Saudi
OPEC will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output if non-members do not.
23 December 2014
OPEC will not step in to support oil prices: Kuwait
OPEC has no plans to intervene in the oil market to shore up sagging crude prices, the Kuwaiti oil minister said, as Brent crude breached the $60 mark.
17 December 2014
Venezuela to slash budget after OPEC steadies output
Venezuelan President ordered his government to slash the budget of his oil-dependent and economically-weak nation.
29 November 2014
OPEC mulls oil supply glut weighing on crude prices
OPEC ministers met to try to work out a deal to tackle rising oil supplies that are weighing heavily on crude prices and the cartel's revenues.
27 November 2014