OPEC


All posts for OPEC

OPEC: Congo and OPEC: A marriage of mutual need

By NJ Ayuk (CEO) Centurion Law Firm JOHANNESBURG, South Africa, April 30, 2018/ -- The Republic of the Congo has suffered dearly during the oil collapse; and Congolese President Denis Nguesso has pledged that the country would no longer be sitting on the side lines — suffering the effe ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > OPECAfricaCongo +2

A New Lithium War Is About To Begin

By James Stafford - Apr 24, 2018, 6:00 PM CDT It's the modern gold rush. Around the world, the most sought-after mineral isn't a precious metal, nor is it oil and gas…it's lithium. Lithium, or “white petroleum” as some call it, has become a crucial element in today's high-tech econom ...

Oilprice Staff


Posted 1 year agoOpinion > oilpriceLithiumWhite Petroleum +3

Statement by the South Sudan Minister of Petroleum on OPEC/non-OPEC Collaboration

Prosperity through Unity A statement encouraging the continued collaboration between OPEC and non-OPEC nations by Hon. Amb. Ezekiel Lol Gatkuoth, Minister of Petroleum of the Republic of South Sudan . Juba, 24 April 2017 -- The stability of markets and global oil prices, and therefore the pr ...

OilVoice Press - OilVoice


Posted 1 year agoPress > OPECNon-OPECSouth Sudan +4

Ashurst Comment: OPEC-Non-OPEC Joint Ministerial Monitoring Committee

Ahead of the OPEC-non-OPEC Joint Ministerial Monitoring Committee meeting tomorrow in Jeddah, Michael Burns, oil and gas partner at law firm at Ashurst, comments: "So much has happened over the last few months that Friday's meeting in Jeddah is sure to have a lot of issues to consider. Whilst ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > AshurstOPECNon-OPEC

Oil Price, Amerisur, Faroe, and Finally…

WTI $63.51 +50c, Brent $68.12 +48c, Diff-$4.61 -2c, NG $2.70 +2c Oil Price A modest bounce yesterday with the Russian Oil Minister suggesting that they will discuss long term cooperation at the upcoming ministerial talks. Equities bounced which took commodities with them and Bloomberg announc ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 year agoOpinion > MalcyMalcy'sMalcy's Blog +5

How Far Can Shale Go?

Last week, OPEC sounded an alarm. Previously hopeful that the global crude markets would be balanced by June, which would allow it to walk back on the supply freeze that propped prices up at the cost of OPEC market share, the OPEC monthly report raised its expectations for non-OPEC supply for a fou ...

Easwaran Kanason


Posted 1 year agoOpinion > nrgedgeShaleOil +2

Dr. Daniel Fine: OPEC in Houston and Steel Pipes From China

For a week in March, Houston was the site of a world assembly of oil producers engaged in an OPEC-Russia dialogue with American shale or light tight oil producers on supply and — indirectly — price.  OPEC and Saudi Arabia pitched a market information offensive.  Put simply, American oil producers ...

Will Fine


Posted 1 year agoOpinion > HoustonChinaChina National Petroleum Corporation CNPC +70

UAE and Equatorial Guinea Discuss Coalition and African Investment

Greater petroleum industry collaboration between the UAE and Equatorial Guinea, and between OPEC nations in the Middle East and Africa, was on the agenda for Equatorial Guinea's Minister of Mines and Hydrocarbons as he arrived in Abu Dhabi this weekend. H.E. Gabriel Mbaga Obiang Lima, Presidential ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 year agoPress > Equatorial Guineaunited arab emiratesOPEC +2

OPEC Feb Crude Output 32.39 Mil b/d, Down 70,000 b/d From Jan: S&P Global Platts Survey

OPEC FEB CRUDE OUTPUT 32.39 MIL B/D, DOWN 70,000 B/D FROM JAN: S&P GLOBAL PLATTS SURVEY VENEZUELA FEB OUTPUT LOWEST IN S&P GLOBAL PLATTS SURVEY HISTORY, ASIDE FROM 2002-03 STRIKE LIBYA FEB CRUDE PRODUCTION HIGHEST IN NEARLY FIVE YEARS: S&P GLOBAL PLATTS SURVEY   London (Platts)--06Mar2018/530 a ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > OPECCrudeOutput +7

S&P Global Platts OPEC Survey for January 2018

  OPEC production well below ceiling of 32.73 million b/d Saudi output 9.99 mil b/d, Iraq 4.41 mil b/d, Iran 3.83 mil b/d Libya, Nigeria combine for 2.91 mil b/d, above 2.80 mil b/d cap Venezuela output falls for sixth straight month to 1.64 mil b/d OPEC's crude production averaged 3 ...

OilVoice Press - OilVoice


Posted 2 years agoOpinion > S&P Global PlattsOPECSurvey +6

OPEC’s Oil Production Freeze and Tanker Day Rates

A rule of thumb in the shipping industry is that high oil prices are bad for shipping earnings, and low oil prices are good for shipping earnings. With Brent crude prices at US$70/b now, the shipping industry's rates and earnings are now starting to sputter again, after recovering barely 3 years ago ...

Easwaran Kanason


Posted 2 years agoOpinion > Oil TankersOPECShipping +2

Oil Price, Wentworth Resources, Egdon/Union Jack/EOG And Finally…

WTI $63.97 +24c, Brent $69.38 +23c, Diff -$5.41 -1c, NG $3.23 +10c Oil Price Oil rallied a touch yesterday after the previous day's technical drop ahead of the weekend meeting of Opec and Russia in Muscat. After the close the API stats were very positive with crude stocks drawing by 5.12m bar ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > MalcysMalcy's Blogoil price +5

Energy Coalitions: The AOP 2018 Theme

Africa Oil & Power's theme for 2018 concentrates on the best way to drive Africa's energy sectors forward — through energy coalitions, from regional cooperation at the government level and private companies coordinating on development and financing deals to how the private and public sectors can co ...

Aydanur Akkurt - Africa Oil & Power


   


Posted 2 years agoEvent > cape townAfricaOil +6

OPEC’s oil production freeze and tanker day rates

A rule of thumb in the shipping industry is that high oil prices are bad for shipping earnings, and low oil prices are good for shipping earnings. With Brent crude prices at US$70/b now, the shipping industry's rates and earnings are now starting to sputter again, after recovering barely 3 years ago ...

Easwaran Kanason


Posted 2 years agoOpinion > Oil TankersOPECShipping +2

OPEC December Crude Output 32.40 MIL B/D, UP 50,000 B/D From November: S&P Global Platts Survey

January 8, 2018 — By Herman Wang , Eklavya Gupte   12 members with quotas achieve 135% compliance in December Saudi Arabia output 9.90 mil b/d, Iraq 4.41 mil b/d, Iran 3.82 mil b/d Libya, Nigeria combine for 2.88 mil b/d, above cap of 2.80 mil b/d OPEC output well below ceiling ...

OilVoice Press - OilVoice


Posted 2 years agoOpinion > OPECCrudeS&P Global Platts +3