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    • OPEC Oil Reserves

OPEC Oil Reserves Newsletter
  • China's imports of Russian oil near record high in March 20 Apr 2024 10:54 GMT

    … remained China's top oil supplier in March, data showed … crude for storage in strategic reserves by state-owned CNOOC also … Ukraine. In coordination with other OPEC+ members, Russia opted to roll … a voluntary reduction in crude oil output of 300,000 bpd …

  • Will Namibia Become OPEC’s Newest Member? 20 Apr 2024 01:50 GMT

    … by anyone to join OPEC. OPEC members are petroleum exporting … billions of barrels in oil and gas. The Graff discovery could … 7 billion barrels of oil and gas across three wells, according … with reserves seen at up to 3 billion barrels of oil equivalent …

  • 15 Countries with the Largest Proven Oil Reserves in the World 19 Apr 2024 16:33 GMT

    … scrutiny. Furthermore, the rising oil and gas exploration activities and the increase … to cut greenhouse gas emissions at its oil and gas operations to net … referred to OPEC, looking for Countries with the Largest Crude Oil Reserves. The …

  • Crude Oil Price Surges As Israel Attacks Iran 19 Apr 2024 12:42 GMT

    Crude oil prices surged globally on Friday … bulk of the world’s oil reserves are found in the Middle … problems that have supported higher oil prices. According to US and … Exporting Countries (OPEC), and revoked its authorization to export oil to international …

  • Morocco-Nigeria Gas Pipeline, the promise of Africa 19 Apr 2024 07:42 GMT

    … considerable surplus of natural gas. Its reserves reach 209 trillion cubic … quantities of Nigerian oil and natural gas that now reach … the Petroleum Exporting Countries (OPEC) has also contributed financially … the NNPC, the state oil company in Nigeria, took …

  • OPEC+ Can Stop An Oil Rally To $100 19 Apr 2024 00:04 GMT

    … Driver’s Seat The OPEC+ group could influence oil prices by returning … this summer.   When Will OPEC+ Intervene? Oil prices will continue to include … release of oil from US Strategic Petroleum Reserves or key OPEC producers holding …

  • Shale Gas Market Detailed Analysis and Forecast up to 2030 - EQT Corp, Equinor ASA, Repsol SA, SINOPEC/Shs, etc. 18 Apr 2024 08:09 GMT

    … largest sovereign producer among the OPEC membership) and Russia which, along … Norway, has cooperated with OPEC as “OPEC+”. Oil market management disputes inevitably result … and natural gas reserves in 2020. Proved reserves of crude oil and lease condensate …

  • Why Angola left OPEC 18 Apr 2024 09:00 GMT

    … aggressive strategy to secure oil and gas acreage, especially in … the National Agency for Oil, Gas, and Biofuels, which … promoting activities within the oil and gas sector from Sonangol. … OPEC with 12 members At current production levels, Angola’s oil reserves

  • US reimposes oil sanctions on Venezuela as hopes for a fair presidential election fades 17 Apr 2024 19:34 GMT

    … a democratic opening in the OPEC nation. A senior U.S … sanctions on its state-run oil, gas and mining sectors after it … on Venezuela’s long floundering oil and gas industry — or whether … the world’s largest proven oil reserves. However, by allowing Venezuela …

  • What if Iran closes the Strait of Hormuz – the World’s most important Oil Artery? 17 Apr 2024 17:36 GMT

    … passage that connects the vast oil and gas deposits in the Persian … s oil reserves, as well as the world’s largest natural gas field … United Arab Emirates draw oil and gas in the Gulf. Alternative … region, Saudi Arabia and its OPEC+ allies have more than five …

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