OPEC


All posts for OPEC

Equatorial Guinea President, OPEC Secretary General Headline APPO CAPE VII

H.E. Obiang Nguema Mbasogo, President of Equatorial Guinea, and H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons, will both speak at APPO CAPE VII. Secretary General of APPO H.E. Mahaman Laouan Gaya and H.E. Emmanuel Ibe Kachikwu, Nigeria's Minister of State for Petroleum Res ...

Aydanur Akkurt - Africa Oil & Power


Posted 14 days agoPress > Equatorial GuineaAPPO CAPE VIIOPEC +8

Analysis: Things are flat in the Permian, and there's a push for renewables in Santa Fe by Dr. Daniel Fine

The Permian-Delaware Basin rig count should start falling as oil operators, large and small, are flat for 2019. Spending has been sharply reduced as supply now dominates the A.I. (Artificial Intelligence) used by many commodity traders in oil.    The large or integrated oil companies have all the ...

Will Fine


Posted 1 month agoOpinion > Santa Felatest oil and gas newsNew Mexico +69

Projects reaching FID in 2019

Cairn Energy and Woodside Energy's much anticipated SNE project is expected to reach FID in early 2019, with the companies submitting the Development and Exploitation Plan to the Ministry for approval in October 2018. Nigeria-based Seplat initially predicted reaching FID by the end of 2018 on the ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 months agoLink > OPECSenegalMauritania +3

Editor’s Top Picks from 2018

Here are some of the top interviews, news and articles from Africa Oil & Power's year of covering the continent's oil and power sectors. Africa is a home to giants — boasting some of the world's top oil and gas discoveries and a wealth of investment opportunities in power generation from oil and ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 months agoLink > NigeriaOPECNOPEC +2

Alternative Facts About OPEC & U.S. Shale From The Wall Street Journal

Posted in The Petroleum Truth Report on December 19, 2018 The Wall Street Journal's recent editorial “ How America Broke OPEC ” shows that even high-quality journalism is susceptible to the contagion of alternative facts. It is a propaganda piece about how the underdog U.S. oil industry miracul ...

Art Berman - The Petroleum Truth Report


Posted 3 months agoOpinion > OPECUnited StatesUSA +3

Reactions to Delaware Basin News Shows Misunderstanding of Petroleum Economics by Dr. Daniel Fine

News of the size of oil reserves in the Delaware Basin (New Mexico's share of the Permian) while OPEC was deciding how many barrels it will cut from the world market to lift prices caused epic confusion – and revelations of how little “authorities” and the media understand petroleum economics. The ...

Will Fine


Posted 3 months agoOpinion > OPECNon-OPECNOPEC +91

OPEC Applauds Angola Reforms During Landmark Visit

Angola's leadership is undertaking crucial tax and policy changes to diversify the economy while opening the oil sector to new investment. H.E. Mohammad Sanusi Barkindo visited Luanda for the first time as Secretary General of OPEC Barkindo on Angola: “Right reforms at the right time” Luanda, ...

Aydanur Akkurt - Africa Oil & Power


Posted 3 months agoPress > OPECAngolaAngola Oil & Gas +2

OPEC+ Prevails, For Now

Its reasoning made logical sense – Qatar produces very little crude, so to have a say in a cartel focused on crude was not in its interests, which lie in LNG – but it hinted at deep-seated tensions in OPEC that could undermine Saudi Arabia's attempts to corral members. Split between 800,000 b/d f ...

Hui Shan


Posted 3 months agoLink > CrudeOil pricesBrent +7

Rystad Energy: All Eyes on Vienna

The OPEC + countries must cut 2019 supply growth by 1.5 million bpd if they want oil prices back above $70 next year. US production at $50 WTI levels would remove only 0.4 million bpd of the looming 1.5 million bpd surplus in the balances that Rystad Energy forecasts for 2019 in a status quo scena ...

OilVoice Press - OilVoice


Posted 3 months agoOpinion > Rystad EnergyOPECVienna +2

The Saudi Dilemma: To Cut Or Not To Cut

By Irina Slav for Oilprice.com To cut and push up prices or not to cut and preserve market share, this is the question that Saudi Arabia is facing ahead of this year's December OPEC meeting. It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8 million barrels d ...

Oilprice Staff


Posted 3 months agoOpinion > oilpriceKingdom of Saudi ArabiaSaudi Arabia +4

FACTBOX: Qatar exits OPEC to focus on LNG- S&P Global Platts

London (Platts)--03Dec2018/859 am EST/1359 GMT      Qatar's decision to become the first Middle East member country to leave OPEC and focus on its core strength of gas exports has stunned the cartel. Qatar's energy minister Saad Al-Kaabi said Monday that the gas-rich sheikhdom will exit the oil pr ...

OilVoice Press - OilVoice


Posted 3 months agoOpinion > QATAROPECLNG +5

Angola Oil & Gas 2019

Africa Oil & Power is proud to announce that it will organize the first Angola Oil & Gas 2019 conference, to be hosted  June 3-7, 2019 in Luanda . Officially endorsed by the  Ministry of Mineral Resources and Petroleum of the Republic of Angola , the conference will be the elite energy event for ...

Aydanur Akkurt - Africa Oil & Power


    03 Jun 2019


Posted 3 months agoEvent > AngolaLuandaExhibition & Conference +4

African Oil Producers Must Support Organization of the Petroleum Exporting Countries (OPEC) efforts to Restore Stability to the Oil Markets with Continued Production Cuts

The Chamber urges African producing nations, both those that are Organization of the Petroleum Exporting Countries (OPEC) members and Non-OPEC members to speak up with one voice in support of OPEC's policy on stabilizing the market JOHANNESBURG, South Africa, November 30, 2018/ -- The ...

OilVoice Press - OilVoice


Posted 3 months agoPress > AfricaOilOPEC +1

Analysis: Trump and Saudi Collision on Oil, and Bingaman’s Return to Santa Fe

In an earlier column, readers overseas benefited from this writer's forecast that crude oil prices would fall dramatically because most commodity traders got it wrong. Simply, this column's analysis was the buying of oil assumed a shortage would result once the sanctions against Iran would be activ ...

Will Fine


Posted 3 months agoOpinion > Senator BingamanBingamanSanta Fe +71

Can We Expect A Major Rebound In Oil Prices?

By Nick Cunningham of Oilprice.com After declining by more than 20 percent from the October peak, oil prices are showing some signs that they have now bottomed out. WTI hit a low point at $56 per barrel on Wednesday and Brent hit a low just below $65 per barrel. Both crude benchmarks regained s ...

Oilprice Staff


Posted 4 months agoOpinion > oil priceoilpriceWTI +2