News on OPEC (Organization of the Petroleum Exporting Countries) continually updated from thousands of sources around the net.
1 hr ago | Marine Corps Times
President Obama speaks July 29 on the South Lawn of the White House as he announces new economic sanctions against key sectors of the Russian economy in the latest move by to force Russian President Vladimir Putin to end his support for Ukrainian rebels.
5 hrs ago | Reuters
Islamic State, the al Qaeda spin-off that seized wide swathes of Iraq almost unopposed last month, has released a video warning Iraqi soldiers who may still have some fight in them that they risk being rounded up en masse and executed.
9 hrs ago | AlertNet
Plumes of smoke rise in the sky after a rocket hit a fuel storage tank near the airport road in Tripoli, during clashes between rival militias July 28, 2014.
14 hrs ago | Trend
Baku, Azerbaijan, July 29 By Umid Niayesh - Trend: US Energy Information Administration announced that Iran ranked third in the Organization of Petroleum Exporting Countries , producing 3.247 million barrels per day of oil in first four months of 2014.
Despite their differences, Iran and Turkey - the two non-Arab Middle Eastern states - share many similarities.
The European Union is working on a new round of sanctions against Russian industries.
The U.S. Energy Information Administration has predicted an increase in Iran's natural gas production in coming years.
Venezuela's ruling Socialist Party began a six-day congress on Saturday with President Nicolas Maduro seeking to quieten hardliners who believe the state is failing to stem corruption or fix the economy.
Indonesia's outgoing president is in talks with his successor to increase heavily subsidised fuel prices before the new leader takes power, two sources close to the matter told Reuters.
Vienna, July 25 The basket of 12 crude oils of the Organization of Petroleum Exporting Countries stood at $105.22 a barrel Thursday, against $105.30 Wednesday, according to the OPEC Secretariat.
As legend has it, Groucho Marx sent the Friars Club a telegram that read, "Please accept my resignation.
By DONU Kogbara Iwas absolutely devastated when I heard, at the beginning of this week, that my former boss, Dr Rilwanu Lukman, had died in Vienna, following a prolonged period of ill health.
President Goodluck Jonathan on Thursday, called for closer ties between Nigeria and other members of the Organisation of Petroleum Exporting Countries .
FORMER Cross Akwa Ibom State governor, Obong Victor Attah, has described the late former Minister of Petroleum Resources, Alhaji Rilwanu Lukman, as a "consummate team player, who was always gallant in victory and gracious in defeat."
Updated: Tue Jul 29, 2014 05:10 pm
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