Tag: OPEC

Angola quits OPEC over oil production quota dispute

Angola has announced its decision to leave the Organization of the Petroleum…

Sami Hegazi Sami Hegazi

Iranian president warns of Western bids to cause division among OPEC members

Iranian President Ebrahim Raisi said on Saturday that certain Western countries seek…

Daily News Egypt Daily News Egypt

OPEC secretary general ponders energy security, transition

Meanwhile, he said the oil and gas industry, which will retain its…

Xinhua Xinhua

OPEC+ to slightly raise oil output in September

The Organization of the Petroleum Exporting Countries (OPEC) and its allies, a…

Xinhua Xinhua

OPEC lends Egypt $95m to finance small projects

Principal of loan to be paid in US dollars or other freely…

Daily News Egypt Daily News Egypt

Oil prices fall amid OPEC+ deadlock over output cuts

The COVID-19 pandemic took its toll on oil prices in 2020. For…

Xinhua Xinhua

Oil prices slip on the back of COVID-19 worries

Oil prices drop came amid a spike of new coronavirus infections in…

Xinhua Xinhua

Global oil demand to record historic growth in 2021: OPEC

While oil demand is still ravaged by COVID-19 crisis, gradual stabilization is…

Xinhua Xinhua

Kremlin considers OPEC+ agreement done deal

"Definitely. Last night 22 countries reached a compromise, and the question was…

Xinhua Xinhua

Egypt’s participation in OPEC+ aimed at market stability: minister

Egypt's participation in the OPEC+ meeting aimed at a direct follow-up and…

Xinhua Xinhua