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Opec Fund sets $27bln for 4,000 development projects
15 Feb 2024 11:56 GMT
The OPEC Fund for International Development (OFID) … member countries - UAE, Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait … in 1976, contributing as an Opec member state in the fund …
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OPEC Fund commits $27 billion to support 4,000 development projects in 125 countries
13 Feb 2024 09:16 GMT
… illustrative purposes only.
The OPEC Fund for International Development … , contributing as an OPEC member state in the … global challenges."
The OPEC Fund for International Development, … countries: the UAE, Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq …
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OPEC to hold first meeting in 2024 in early February
04 Jan 2024 16:19 GMT
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, led … the alliance said.
Periodically, OPEC and its allies usually … meeting on November 30, OPEC agreed to voluntary output cuts … will be the third after Ecuador, which exited in 2020 …
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OPEC+ Reaffirms Commitment to Unity
08 Jan 2024 11:24 GMT
… efforts by OPEC Member Countries and non-OPEC producing countries … OPEC’s website, Ecuador was the last country to leave OPEC. Ecuador … 36th, and latest, OPEC and non-OPEC Ministerial Meeting was held … that the 37th OPEC and non-OPEC Ministerial Meeting will …
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Angola Exits OPEC After Production Quota Dispute
09 Jan 2024 16:26 GMT
… of Petroleum Exporting Countries (OPEC) at year-end 2023 … to the Platts OPEC Survey.
Angola joined OPEC in 2007, but … 2020, Indonesia, Ecuador, and Qatar also left OPEC after deciding that … Angola, the core Saudi OPEC will produce around 27 million …
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OPEC faces declining demand and shrinking market share in early 2024
29 Dec 2023 07:18 GMT
… the Organization of the Petroleum Exporting Countries (OPEC) from January 2024, following exits by Ecuador in … Some small producers have joined OPEC in recent years, including … Energy Information Administration (EIA) and OPEC itself - suggest little room …
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OPEC Committee to Hold Meeting Next Month Amid Recent Worries
03 Jan 2024 14:04 GMT
… developments including another exit.
OPEC+ typically holds JMMC meetings … outside the usual schedule.
OPEC+ members collectively decided to … Ecuador out the door, agreeing to forgo its membership in OPEC … with actual production.
The OPEC+ production cuts that …
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Angola Announces Departure from OPEC
26 Dec 2023 11:00 GMT
… its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) with effect from January … move follows the footsteps of Ecuador in 2020 and Qatar in … organization. Ecuador followed suit in 2020, while Indonesia suspended its OPEC membership …
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Angola leaves OPEC after a row on production quotas
26 Dec 2023 01:02 GMT
… from the Saudi-led Organization of the Petroleum Exporting Countries (OPEC) over a dispute … left OPEC since its founding in 1960, including Ecuador, Indonesia … is not always permanent. Ecuador rejoined the group in … did receive a higher OPEC+ quota for 2024, …
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Congo reaffirms commitment to OPEC, oil minister says
23 Dec 2023 19:46 GMT
… its
commitment to the Organization of the Petroleum Exporting
Countries (OPEC), days after neighbor … the Secretary-General of OPEC
and OPEC+," Congo… reaffirmed its
commitment to OPEC, with minister of … other mid-sized producers Ecuador and Qatar that …