Nigeria will propose Mohammed Barkindo, former group managing director of state-owned Nigerian National Petroleum Corp., for the position of OPEC secretary-general, according to two people familiar with the matter. Barkindo Continue Reading
Oil ministers from OPEC and non-member countries are looking hard for a recovery in prices, and are hoping their meeting next month will produce an output freeze that can be Continue Reading
The only OPEC members that haven’t pledged to attend talks in Doha next month aimed at freezing oil production levels are Iran and Libya: the two nations with the greatest Continue Reading
Some members of the Organization of the Petroleum Exporting Countries may not attend a meeting in Qatar next month at which oil producers plan to discuss a global pact to Continue Reading
The International Energy Agency (IEA) is warning consumers not to let cheap oil lull them into a false sense of security amid forecasts of a price spike by 2021. In Continue Reading
OPEC pumped less crude in February amid efforts by big oil producers to negotiate a deal that would limit oil output and raise prices, the group said on Monday, pointing Continue Reading
Iran output rises 187,800 b/d to 3.13 million b/d in February Iranian oil production climbed last month by the most in almost two decades following the end of international sanctions, Continue Reading
In 1900, the world surpassed 1.7 billion. By 1950 it had almost doubled that number at over 2.5 billion. By the year 2000, after only 100 years with two world Continue Reading
Key members of the Organization of Petroleum Exporting Countries intend to meet with other producers in Russia on March 20 to renew talks on an agreement to cap oil output, Continue Reading
The Organization of the Petroleum Exporting Countries (OPEC) logo is pictured at its headquarters in Vienna June 10, 2014. Some members of OPEC plan to meet other oil producers in Continue Reading
