Organisation Of Petroleum Exporting Countries
latest news & developments
Greenpeace investigation exposes countries trying to dilute climate report
Greenpeace team says it has obtained leaked records of countries asking scientists to water down upcoming scientific report on climate change
Business interruption due to a breach is top cyber risk concern: Aon Global Cyber Benchmarking Report
The petrol price could drop by about R1.50 a litre, if not more, in December
ANC: Increase petrol reserves and freeze fuel hikes
ANC national spokesperson Pule Mabe said the petrol was at its highest level ever
Opec meets to decide on oil output targets
Opec is due to hold a meeting to decide on oil production levels, with markets expecting it to keep it’s target of 24.84 million barrels per day.
Opec ministers holding consultations on oil
Members of Opec are holding consultations over the oil market in light of the Libyan turmoil, the Kuwaiti oil minister said on Tuesday.
Nigerian militants threaten new wave of attacks
Nigerian militants clashed on Thursday with soldiers in the oil-rich Niger Delta before warning firms to evacuate staff by the weekend.
Oil hits record $100 a barrel
Oil prices vaulted to a record a barrel on Wednesday as violence in Nigeria, tight energy stockpiles and a weaker dollar triggered a surge of speculative buying, dealers said.…
Oil prices slip further from record heights
World oil prices fell on Friday after a momentous week that saw record peaks close to $100 as traders worried about tight energy supplies and geopolitical jitters in key producer…
Nigeria loses ground in Opec in face of unrest
Oil output in Nigeria has plunged by a quarter since the start of 2006 in the face of political unrest in the Niger Delta, reducing the country’s influence in the Organisation of…