Tag Archives: Organization of the Petroleum Exporting Countries (OPEC)

Aramco is currently drilling for gas in Jafurah and in South Ghawar. the world’s largest oil field.

Iraqi oil production has remained stable at 4.36 million b d from September to February.

In countries like Brazil and Mexico. the slowdown at old fields jumped to double-digit rates last year.

The IPO will be '.anchored'. by a listing on Saudi Arabia'.s local exchange.

The IEA sees demand for OPEC oil actually declining in absolute terms over the next few years .

Soaring U.S. production is a ``risk`` to the Russian companies’ plans to keep their market share.

New members would make the international community ``see OPEC with a new face.``

Algeria remains dependent on oil and gas earnings. which provide 60 percent of the state budget.

OPEC wants to develop a closer relationship with the U.S. shale industry.

Barkindo plans to meet with physical crude traders and oil hedge funds while he’s in Houston.