oil production

 
Oil futures slump as Opec keeps pumping
Oil futures slump as Opec keeps pumping
Oil fell after the International Energy Agency said this year's price rally is under threat, with the biggest members of the Organisation of...
Opec meets to decide on oil output targets
Opec meets to decide on oil output targets
The Organisation of Petroleum Exporting Countries (Opec) is due to hold a ministerial meeting on Wednesday to decide on oil production levels, with...
Ghana turns on commercial oil production
Ghana turns on commercial oil production
Ghana joined the ranks of African oil exporters on Wednesday, turning on the taps to about $1-billion of annual crude revenues from an offshore...
Opec stays the course, hopes for high prices
Opec stays the course, hopes for high prices
Ministers of the Organisation of the Petroleum Exporting Countries (Opec) on Thursday decided to "stay the course" and keep output steady as they...
Opec banks on end of recession to drive oil prices
Opec banks on end of recession to drive oil prices
Opec oil ministers appear ready to sit back and let a recovering world economy lift crude prices instead of trying to bolster them by cutting back...
Upside to the crisis?
Upside to the crisis?
The global financial crisis presents a "great" opportunity to create an ecologically sustainable and socially just economic system, an economic...
Angola backs budget, may cut spending if oil stays low
Angola backs budget, may cut spending if oil stays low
Angola, which rivals Nigeria as sub-Saharan Africa's biggest oil producer, approved a $42-billion spending plan for 2009 despite fears the recent...
Is oil going back under $100 a barrel?
Is oil going back under $100 a barrel?
Is it over? Was that the oil shock? Can we relax, sit back and expect our energy bills and prices at the pumps to tumble?
Iran official says $100 oil price 'appropriate'
Iran official says $100 oil price 'appropriate'
Iran's Opec governor said an oil price of $100 per barrel was "appropriate" in current conditions, the Oil Ministry's news agency Shana reported on...
Opec may cut output if price trends down
Opec may cut output if price trends down
Opec should consider cutting oil production at the next meeting if member nations determine that recent price declines constitute a sustained...
Nigeria militants repeat attack warning to firm
Nigeria militants repeat attack warning to firm
Nigeria's main militant group repeated its warning on Sunday that it will target foreign workers with the country's biggest construction firm if it...

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