OPEC
New Saudi king seen holding line on OPEC policy to keep oil output high
World
January 23, 2015
New Saudi king seen holding line on OPEC policy to keep oil output high
Saudi Arabia's new king is expected to continue a policy of keeping oil output steady to drive out rival producers,…
Venezuela’s Maduro in OPEC kingpin Saudi for talks
World
January 11, 2015
Venezuela’s Maduro in OPEC kingpin Saudi for talks
Venezuelan President Nicolas Maduro has arrived in OPEC's leading oil producer Saudi Arabia, state media reported on Sunday, after he…
SPA: Saudi’s Naimi says oil price slide ‘temporary’, remains optimistic
World
December 18, 2014
SPA: Saudi’s Naimi says oil price slide ‘temporary’, remains optimistic
Saudi Oil Minister Ali al-Naimi sees the current slide of oil prices as temporary and said he remains optimistic about…
Gulf markets bleed after OPEC lets oil slide, Egypt steady
Business
November 30, 2014
Gulf markets bleed after OPEC lets oil slide, Egypt steady
Gulf stock markets plunged to milestone lows in a panic sell-off on Sunday after OPEC's decision to keep crude output…
Russian oil tsar to meet OPEC as Saudis keep market guessing
World
November 25, 2014
Russian oil tsar to meet OPEC as Saudis keep market guessing
Russia's most powerful oil official, Igor Sechin, was due in Vienna on Tuesday for talks with OPEC members as the…
Gulf to reject OPEC cuts to guard oil market share: analysts
World
November 20, 2014
Gulf to reject OPEC cuts to guard oil market share: analysts
Gulf oil producers led by Saudi Arabia will likely reject output cuts at an OPEC meeting next week unless they…
Negotiations with OPEC to build power plants
Business
September 22, 2014
Negotiations with OPEC to build power plants
A senior official said the government agreed to negotiate with the OPEC Fund for International Development (OFID) to build power…
OPEC to finance South Helwan power plant
Business
September 29, 2013
OPEC to finance South Helwan power plant
Prime Minister Hazem al-Beblawy on Sunday attended the final signing ceremony of a loan agreement worth US$70 million with the OPEC…
Kuwait braces for huge protest against vote change
World
October 21, 2012
Kuwait braces for huge protest against vote change
Kuwait was braced Sunday for what organizers said would be a huge rally in the face of beefed up security…
Explosion kills 39 at Venezuela’s biggest refinery
World
August 26, 2012
Explosion kills 39 at Venezuela’s biggest refinery
PARAGUANA/CARACAS, Venezuela- An explosion tore through Venezuela's biggest refinery on Saturday, killing 39 people, wounding dozens more and halting operations…