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OPEC News

News on OPEC (Organization of the Petroleum Exporting Countries) continually updated from thousands of sources around the net.

7 min ago | CNews

Ramirez removed as PDVSA head, oil minister in Venezuela shake-up

Venezuela's Minister of Petroleum and Mining and president of the state owned oil company PDVSA, Rafael Ramirez.

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Related Topix: World News, Venezuela, Hugo Chavez

7 min ago | Marine News

Panama Canal Infrastructure to be Valued by VRC

Leading provider of independent valuations, Valuation Research Corporation says it has been engaged by the Panama Canal Authority to value the locks, dams, power plants and other structures of the canal for insurance purposes.

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Related Topix: Panama, NY, Rotterdam, NY, World News

2 hrs ago | Reuters

Venezuela taps Chavez' cousin to replace Ramirez at Oil Ministry

Venezuela's President Nicolas Maduro on Tuesday named Asdrubal Chavez, cousin of the late president Hugo Chavez, to replace Rafael Ramirez as the new oil and mining minister.

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Related Topix: Hugo Chavez, World News

3 hrs ago | Sys-Con Media

Biorefinery Technologies: Global Markets

In industry, biorefineries employ the technologies in which biomass is converted into useful intermediates for fuels, energy, chemicals and non-food herbals/botanicals by direct combustion, as well as by thermal, chemical and biological processes.

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Related Topix: Alternative Energy, Biomass, World News

9 hrs ago | Trend

How the US found an extraordinary solution to oil supply risk

A new report from the US Energy Information Administration highlights the extraordinary rise in US liquid fuel production over the past few years and how it has helped off-set unplanned supply disruptions which are running at the highest level since the Iraq-Kuwait war some 24 years ago.

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Related Topix: World News

11 hrs ago | Ukiah Blog Live

Peak Oil Review - Sept 1

Oil prices moved higher last week resulting in the first weekly gain in more than a month on an increasingly serious Ukrainian situation and better US economic data.

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Related Topix: Peak Oil, World News

17 hrs ago | Trend

Iran's gas condensate export drops by 2.6 times m/m

Iran's gas condensate export during last month dropped by 260 percent to 205,000 barrels per day compared to the previous month.

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Related Topix: World News

17 hrs ago | Marine News

Brent Crude Slips Towards US$102

Brent crude fell towards $102 a barrel on Tuesday on concerns of slowing oil demand growth due to weak economic recoveries in China and Europe, although new unrest in OPEC oil producer Libya kept losses in check.

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Related Topix: World News, Africa, Libya, Iraq, Middle East,

21 hrs ago | The Washington Post

WTI Drops as Global Manufacturing Misses Estimates; Brent Steady

West Texas Intermediate crude fell amid speculation that weakening manufacturing from Germany to China will cap global oil demand.

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Related Topix: World News, Science / Technology

Mon Sep 01, 2014

Sys-Con Media

Venezuela's Cards and Payments Industry: Emerging Opportunities, ...

The global crisis severely affected the Venezuelan economy, with the GDP growth contracting to reach -3.20% in 2009.

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Related Topix: World News

Sun Aug 31, 2014

Arab Times

Oil prices will not fall below $100 mark for rest of 2014

KUWAIT CITY, Aug 31, : There should be no anxiety over the global price of oil for the rest of 2014, predicted an expert, who viewed that prices would not fall below the $ 100 mark in spite of their recent drop to just below that.

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Related Topix: World News

The Washington Post

WTI Crude Slips After Longest Gain in Six Months; Brent Steady

West Texas Intermediate declined after the longest rising streak since February as OPEC crude production was seen increasing to the highest level in a year.

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Related Topix: World News, Middle East, Iraq, Science / Technology

Silicon Alley Insider

The Worst Case Scenario In The Middle East, In One Sentence

Shi'ite volunteers, who have joined the Iraqi army to fight against militants of the Islamic State, formerly known as the Islamic State in Iraq and the Levant , take part in field training in Najaf, August 20, 2014.

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Related Topix: World News, Middle East, Iran

Sat Aug 30, 2014

India Together

Should India tone down its moralistic stance in Paris climate talks?

Could India's inflexible and rather aggressive attitude in global climate negotiations jeopardise its domestic mitigation of the real threats from climate change? Darryl D'Monte summarises the key take-aways from a TISS conference that dwelled upon this and related issues.

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Related Topix: World News

Forbes.com

Oil And Gas Industry Fueling Jobs For Labor Day Weekend

With a background in economics and public policy, I've covered domestic and international energy issues since 1998.

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Related Topix: World News

Fri Aug 29, 2014

American Thinker

Is the Petrodollar on its Way?

In The Death of Money , James Rickards contends that the "international monetary system has collapsed three times in the past hundred years, in 1914, 1939 and 1971."

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Related Topix: Bretton Woods, NH, World News

Thu Aug 28, 2014

Reuters

OPEC oil output rises in August as Libyan recovery holds

OPEC's oil production has risen in August from July, a Reuters survey found on Thursday, as a recovery in Libyan supply held up and Angola and Iran boosted supplies, outweighing a further decline in Iraq.

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Related Topix: World News, Middle East, Iraq

Al Bawaba

Kingdom's SMEs hold stronger outlook for Q3

The economic outlook for Saudi Arabia remains favorable, with GDP growth expectations to stay above 4 percent in 2014 and 2015 Dun & Bradstreet South Asia Middle East Ltd in association with the National Commercial Bank released the D&B Business Optimism Index survey for Saudi Arabia for Q3, 2014.

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Related Topix: World News

Newkerala.com

Larsen & Toubro inks contract to set up 225 MW power plant in Bangladesh

Engineering conglomerate Larsen Toubro and Bangladesh Power Development Board have signed a contract to set up a 225 megawatt, gas-based power plant in Sikalbaha, Chittagong in Bangladesh, a company statement said here Tuesday.

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Related Topix: Bangladesh, Asia, World News,

Wed Aug 27, 2014

Edmonton Journal

Lamphier: Build goodwill before times turn bad, firms operating in risky regions urged

An image made available on the jihadist website Welayat Salahuddin on June 11, 2014, shows ISIS militants posing with a jihadist flag after they allegedly seized an Iraqi army checkpoint in the northern Iraqi province of Salahuddin.

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Related Topix: World News

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