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Iraq to compensate for surpassing OPEC+ quotas
05 May 2024 14:14 GMT
Baghdad (IraqiNews.com) – OPEC+ said in a statement on Friday that Iraq and Kazakhstan, two … to other members of the Organization of the Petroleum Exporting Countries (OPEC), including Russia.
In April …
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OPEC+ members Iraq, Kazakhstan commit compensate for exceeding oil production quotas
05 May 2024 12:26 GMT
… by other members of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, including … meeting on Friday, OPEC+ revealed that Iraq and Kazakhstan had agreed …
The agreed-upon plans between Iraq and Kazakhstan outline detailed strategies …
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Iraq, Kazakhstan present plans for OPEC oil production quota compensation
04 May 2024 09:06 GMT
… oil production quotas within the OPEC agreement. They pledged to … end of 2024. The OPEC Secretariat organized a highly … , involving technical experts from Iraq and Kazakhstan, along with … OPEC report. OPEC clarified that the process aims to share Iraq …
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OPEC Resolves Compensation Plans for Overproducing Members
03 May 2024 18:42 GMT
… together technical experts from Iraq and Kazakhstan, along with … in the 35th OPEC and non-OPEC Ministerial Meeting held … today's workshop. Iraq reported overproduced volumes totaling …
In February, OPEC’s second-largest producer, Iraq, said it was …
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Iraq, Kazakhstan to compensate for over-produced oil volumes by year-end
03 May 2024 16:48 GMT
… a statement released on the OPEC website.
Outstanding overproduced volumes … quot; the statement reads.
Iraq and Kazakhstan were to … compensation plans to the OPEC Secretariat by April 30, … for Iraq and Kazakhstan published on the OPEC website, Iraq will …
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Iraq and Kazakhstan to compensate for shortfall in oil production by almost 1 million bpd by end of year
03 May 2024 16:41 GMT
Iraq and Kazakhstan, as part of the voluntary reduction in oil production, which some OPEC+ countries observe in the first half of the year, will compensate for the under-reduced volumes of almost 1 million barrels per day until the end of 2024, OPEC said
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Opec+ may need to tackle oil capacity conundrum next month
03 May 2024 11:42 GMT
… United Arab Emirates, Kazakhstan and Iraq stand to bolster their combined … unity, and oil prices generally.
Opec+ leader Saudi Arabia is already … .
“The main issue for Opec remains in 2025,” Kaneva said … a thorny issue before for Opec+. In 2021, the alliance …
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OPEC+ influence debate: between staying the course and geopolitical pressures
03 May 2024 09:35 GMT
… production.
Since 2022, OPEC+ has announced several … Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi … Baghdad Conference by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela, OPEC … MOHAMMED SAWAF
Is OPEC losing influence?
Is OPEC's …
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Explainer-What OPEC+ oil output cuts are currently in place?
02 May 2024 18:26 GMT
… from the Organization of the Petroleum Exporting Countries and allies, known as OPEC+, come … 0.169 0.24
Iraq 0.220 4.009 … Energy Agency figures excluding OPEC members Iran, Libya and … Nigeria targets taken from OPEC statement putting their achievable …
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FTC rocks oil industry with claim that Texas executive was colluding with OPEC to fix prices
02 May 2024 19:20 GMT
… of text messages with OPEC representatives and officials about … pumps more oil than OPEC member Iraq.
Chevron Corp., Occidental … and private communications with OPEC and other industry executives … ” between US shale and OPEC, exchanging private messages with …