It’s been a month since OPEC+ said it will go ahead and gradually unwind its voluntary production cuts starting on April 1, ...

The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria.FactsThe ...

For OPEC's de-facto leader Saudi Arabia, the weakening demand outlook is a worry. Its national oil company Aramco on Tuesday declared a 30% drop in total dividends to $85.4 billion in 2025 and a ...

OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output curbs, as members including Saudi Arabia, seek to boost their revenues and market share, ...

Oil vigilantes ... is a concept suggesting that when challenges arise and oil prices plummet, the OPEC alliance will ...

The increase in Iran and Venezuela’s crude output has been slowing lately, so I expect OPEC other 8 output to eventually slow to an annual rate of 200 kb/d or less by 2028. OPEC expects a bigger ...

June 22, 2018 – OPEC announces that the Republic of the Congo has joined the organization. December 3, 2018 – Qatar’s state oil company, Qatar Petroleum, announces that the country will ...