Tag Archives: International Organizations

Saudi Arabia’s energy minister said that OPEC and its allies remain focused on using production cuts to reduce oil inventories to normal levels.

The signing of the Phase 1 deal will certainly put at least a temporary floor in the increasingly fractious relationship between the U.S. and China.

OPEC. Russia and nine other countries are entering their fourth year of production cuts aimed at supporting oil prices.

It will be based at Imperial College London and help drive the development of new technologies. businesses and jobs that supports a zero carbon and climate resilient future.

There is no more reliable and responsible supplier than Saudi Arabia.

Oil headed for its biggest weekly loss since July as the prospect of an immediate confrontation between the U.S. and Iran abated.

The leaders also reaffirmed their opposition to the US decision to pull out of the nuclear deal.

Germany. France. UK – have urged Iran not to walk away from the agreement that has been practically rendered ineffective after the US’ pullout in 2018.

There is a concern that divestment from the industry will lead to critical resources not being developed.

Austrian Foreign Minister Alexander Schallenberg lashed out at the US over its push for sanctions to be slapped on the Nord Stream 2 gas pipeline project.