November 1st, 2008 - 7:47 pm ICT by IANS
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Berlin, Nov 1 (DPA) Efforts by Russia and other countries to form an OPEC-style cartel for natural gas have run into difficulties, German newspaper Die Welt said Saturday.A spokesman for Russia's state-controlled ...
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October 19th, 2008 - 10:37 pm ICT by IANS
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Ahvaz (Iran), Oct 19 (IANS) Iran's oil minister Saturday called for an emergency meeting of the Organization of Petroleum Exporting Countries (OPEC) to discuss production cuts, saying this was the only way ...
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September 30th, 2008 - 5:03 pm ICT by IANS
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Vienna, Sep 30 (DPA) The price for crude oil produced by the Organization of Petroleum Exporting Countries (OPEC) dropped by nearly four dollars Monday, the organisation said Tuesday.One barrel (159 litres) of ...
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July 1st, 2008 - 7:00 pm ICT by IANS
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Dubai, July 1 (IANS) Increasing production will not pull down spiralling oil prices and indications are that prices will remain high, according to Saudi Arabia's King Abdullah Bin Abdulaziz Al-Saud. "People who ...
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June 24th, 2008 - 7:42 pm ICT by IANS
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DPA
Kuwait City, June 24 (DPA) Kuwaiti Minister of Oil Mohamed al-Olaim has pledged that Kuwait would raise its oil production by 300,000 barrels per day (bpd) by mid-2009 and invest $55 billion ...
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June 24th, 2008 - 7:41 pm ICT by IANS
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DPA
Kuwait City, June 24 (DPA) Kuwaiti Minister of Oil Mohamed al-Olaim has pledged that Kuwait would raise its oil production by 300,000 barrels per day (bpd) by mid-2009 and invest $55 billion ...
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June 23rd, 2008 - 2:06 am ICT by IANS
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Jeddah, June 23 (IANS) The world's top oil producing and consuming countries have called for increased investments in oil production as well as greater transparency and regulation of financial markets to rein ...
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June 22nd, 2008 - 11:07 pm ICT by IANS
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Jeddah, June 22 (IANS) The world's top oil producing and consuming nations have embarked on a new dialogue to bring under control the spiralling prices that have pushed inflation levels to historic ...
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June 17th, 2008 - 9:55 pm ICT by IANS
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Isfahan (Iran), June 17 (IANS) Iranian President Mahmoud Ahmadinejad Tuesday called for new strategies and programmes for the Organization of Petroleum Exporting Countries (OPEC) in order to face the current economic challenges, ...
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June 10th, 2008 - 8:29 pm ICT by IANS
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Xinhua
Vienna, June 10 (Xinhua) The average daily oil prices of the Organization of Petroleum Exporting Countries (OPEC) hit the historic high of $130.87 dollars per barrel, the Vienna-based cartel said Tuesday. The ...
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April 30th, 2008 - 9:25 pm ICT by admin
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Xinhua
Tehran, April 30 (Xinhua) Iran has replaced the US dollar with other currencies in its oil transactions, an oil ministry official said Wednesday. "The dollar has completely been removed from our oil ...
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April 17th, 2008 - 7:14 pm ICT by admin
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DPA
Tripoli, April 17 (DPA) Russian President Vladimir Putin, on one of his final foreign trips before he steps down May 7, will hold further talks with his Libyan counterpart Moammer Gaddafi about ...
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April 17th, 2008 - 6:33 pm ICT by admin
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Xinhua
Vienna, April 17 (Xinhua) The daily average oil prices of the Organization of Petroleum Exporting Countries (OPEC) touched a new high at $106.65 a barrel, the cartel said Thursday. Wednesday's peak price ...
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April 14th, 2008 - 9:43 pm ICT by admin
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Xinhua
Vienna, April 14 (Xinhua) The weekly average oil price of the Organization of Petroleum Exporting Countries (OPEC) hit a new high of $102.57 per barrel last week, the Vienna-based cartel said Monday. ...
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April 1st, 2008 - 7:01 pm ICT by admin
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DPA
Vienna, April 1 (DPA) The price of crude oil produced by the Organization of Petroleum Exporting Countries (OPEC) continued its downward trend towards the beginning of the week, OPEC said Tuesday. One ...
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March 24th, 2008 - 6:31 pm ICT by admin
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(Gulf Business Capsule)
Dubai, March 24 (IANS) Qatar is all poised to announce its biggest ever budget for the financial year 2008-09 which starts April 1. According to the Arabic daily Al Sharq, ...
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March 22nd, 2008 - 6:01 pm ICT by admin
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(Gulf Business Capsule)
Dubai, March 22 (IANS) Gulf countries account for $43 billion of the $68 billion worth of new airport projects and expansions currently under way in the Middle East, Africa and ...
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March 21st, 2008 - 8:33 pm ICT by admin
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DPA
Riyadh, March 21 (DPA) US Vice President Dick Cheney arrived Friday in Saudi Arabia where he was expected to urge its leaders to activate their ties with Iraq, according to media reports. ...
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February 22nd, 2008 - 7:36 pm ICT by admin
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DPA
Vienna, Feb 22 (DPA) The price for oil produced by the Organization of Petroleum Exporting Countries (OPEC) dropped from its previous record high Thursday, falling to $93.97, OPEC said Friday. According to ...
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February 15th, 2008 - 8:50 pm ICT by admin
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DPA
Vienna, Feb 15 (DPA) World oil demand in 2008 is expected to grow by 1.2 million barrels per day (mb/d) to an average of 86.99 mb/d, the Organization of Petroleum Exporting Countries ...
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