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Petroleum exporting

Oil & Gas Trade
OPEC Expects Global Oil Demand Hits Biggest Downfall
The Organization of the Petroleum Exporting Countries now expects global demand to contract by 9.07 million barrels per day, or 9.1 per cent, in 2020, it said i…
Oil & Gas Trade
Crude Cuts: Nigeria to Earn $10.61bn in Eight Months
Nigeria may earn about $10.61bn from crude oil sales between May and December this year following latest decision by members and non-members of the Organisation…
Oil&Gas Drilling
Non OPEC+ Crude Oil Supply Cuts
The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, agreed on Sunday to reduce output by 9.7 million barrels per day (bpd).
Shale Gas
Do Saudi Arabia And Russia Really Want To Kill U.S. Shale?
Since 2016, as an informal leader of the 13-strong non-OPEC group, Russia has been instrumental in the pricing of oil as Saudi Arabia, leading producer in the O…
Oil & Gas Trade
Iran to take Part in OPEC Meeting in March
Oil Minister Bijan Namdar Zanganeh said that Islamic Republic of Iran will participate in upcoming meeting of the Organization of Petroleum Exporting Countries …
Oil Price
Oil Prices Jump 2% as Virus Vaccine Reports Spur Hope
Also supporting oil was news that the Organization of the Petroleum Exporting Countries (OPEC) and its producer allies were considering further output cuts to c…
Oil & Gas Trade
‘OPEC+ may Consider Ending Production Cuts in 2020’
The Organisation of Petroleum Exporting Countries and non-OPEC allies, including Russia, may consider ending their oil output curtailment deal next year in orde…
Oil & Gas Trade
Russia:OPEC+ May Consider Ending Oil Cuts by 2020
The Organization of the Petroleum Exporting Counters and its allies, known as OPEC+, may consider wrapping up their oil output reduction in 2020, Russian Energy…
Oil Price
OPEC Countries Unanimously Support Extension of Oil Output Cuts
The Petroleum Exporting Countries (OPEC) unanimously support an extension to the agreement on the reduction of oil output after March 2020 and continue to discu…
Oil & Gas Trade
Russia & Saudi Arabia Seal Major Deals & Sign OPEC+ Long-Term Cooperation Charter
Agreements include the charter for long-term cooperation between the Organization of the Petroleum Exporting Countries (OPEC) and non-cartel oil producers. Alon…
OPEC, GECF Sign Research Agreement to Strengthen Cooperation
The Organization of the Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum (GECF) has signed a memorandum of understanding (MoU) to stre…
Crude
Oil and Gas Remained Part of Key Solutions in Combating Climate Change
The Organisation of the Petroleum Exporting Countries said on Monday that it believes oil and gas remained part of key solutions in combating climate change.

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