News from TheMediaLine.org. (Free subscription) | yesterday
Head of the Organization for the Petroleum Exporting Countries (OPEC) backs Saudi call for compensation over lost oil revenues as world seeks greener energy Saudi Arabia is gaining support from the Organization for the Petroleum Exporting Countries (OPEC) for its appeals to secure compensation for oil producing countries, as developed countries move away from oil towards greener energy sources.
ArabianBusiness.com (Free subscription) | yesterday
Poorer oil-producers should get financial aid if Copenhagen talks agree to cut use - Badri.
Caracas Chronicles (Free subscription) | 14 hours ago
Quico says: I almost choked on my breakfast burrito this morning when I read Ian James's write-up for the AP of Chávez's lunatic little dithyramb to Carlos the Jackal the other day : Hugo Chavez has defended the alleged terrorist mastermind Carlos the Jackal, saying the Venezuelan imprisoned in France was an important "revolutionary fighter" who supported the cause of the Palestinians....
The Washington Times (Free subscription) | 21 hours ago
On Jan. 7, college football will crown its national champion, but I believe this title should come with an asterisk. That is because the participants are determined by the Bowl Championship Series (BCS), a fatally flawed system established in 1998 to guarantee certain schools in certain conferences a certain amount of money every year. It is simply a cartel, much like OPEC, that ensures the money brought...
Times Online (Free subscription) | 11/21/2009
The chief of the Opec oil cartel said that oil-producing countries should be compensated for lost revenues if UN climate talks in Copenhagen next month reach a deal that cuts the use of oil.
The Clue Batting Cage (Free subscription) | 11/20/2009
If Fox News is an "arm of the Republican party", then what do you call this? Here we have the quite lovely but obviously just as biased Nora O'Donnell, whom Chris Matthews refers to as a "hard news" reporter, telling us that the crowd "has a connection" to Sarah Palin, "and I think it's an emotional one." Sounds like opinion to me, however much truth there may...
Jalopnik (Free subscription) | 11/20/2009
There once was an english white viper, that wasn't going to get any riper. Nice Price or Crack Pipe wonders if you should pluck it, or instead should you just walk away and say. . . Okay, let's all get together here and have a group hug over the '86 Eagle from yesterday. Rarely comes along a car, at such a price, that generates such unanimity among the Nice Pricians and Crack Piperarians, but this...
Gristmill (Free subscription) | 11/20/2009
by Jonathan Hiskes So who will be the real power players in Copenhagen? The official estimate for official delegates attending the U.N. climate conference hovers somewhere around a gajillion. OK, seriously, it’s a mere 20,000. Then there are thousands of activists, journalists, business leaders, and NGO reps who will be seeking the delegates’ ears. Here are 15 people worth watching—ones...
turenchi (Free subscription) | 11/20/2009
OPEC could decide to raise oil output slightly at its ministerial meeting next month if there were to be a substantial rise both in oil demand and prices, Nigeria's oil minister, Rilwanu Lukman, said on Thursday.
NigerianMuse Articles (Free subscription) | 11/19/2009
Much has been said about the ‘global recession (an expression that now seems to be a catch all phrase for an economic downturn). Various explanations have been headlined for this phenomenon- suffice to say none fully engaged my probing mind. Economic jargons used merely sensitised my antennae to identify the underlying ‘untruth. Shrinkage of the economy (recently announced in Britain-...
turenchi (Free subscription) | 11/19/2009
* Move would hinge on material rise in demand and prices
ArabianBusiness.com (Free subscription) | 11/19/2009
Organisation of the Petroleum Exporting Countries will meet in Angola on Dec 22.
Cara Community - Comments (Free subscription) | 11/18/2009
In reply to Blog for November 18, 2009 : December crude oil prices this morning are trading up +90 cents a barrel and Dec gasoline is trading +2.89 cents a gallon. Dec crude yesterday gyrated on both sides of unchanged throughout the day before they finally closed up +$0.24 a barrel. Dec gasoline yesterday closed up +1.81 cents a gallon. Bullish factors included (1) the prediction from Goldman Sachs...
Climateer Investing (Free subscription) | 11/18/2009
From FT Alphaville: BNP Paribas’ Harry Tchilinguirian has put out a very interesting oil note on Wednesday. First, the bank has revised its fourth quarter 2009 WTI price forecast to $77 per barrel versus $66 per barrel previously, due to ongoing USD weakness and low interest rates. Second, the bank believes the market will soon be forced to price in the weak fundamental picture it’s so...
All Africa (Free subscription) | 11/18/2009
Parliament on Monday approved government's request of a $10m loan from the OPEC Fund for International Development to extend reliable and affordable electricity to areas of Kigali and the western Province.
The 3 latest articles published by users on OPEC :
bharatbook | 10/16/2009
The latest Argentina Oil & Gas Report from BMI forecasts that the country will account for 6.29% of Latin America regional oil demand by 2013, while providing 6.85% of supply. Latin America regional oil use of 6.66mn barrels per day (b/d) in 2001 reached an estimated 7.61mn b/d in 2008. It should average 7.57mn b/d in 2009 and then rise to around 8.23mn b/d by 2013. Regional oil production was just
bharatbook | 10/16/2009
The latest Australia Oil & Gas Report from BMI forecasts that the country will account for 3.26% of Asia Pacific regional oil demand by 2013, while providing 6.00% of supply. Asia Pacific regional oil use of 21.40mn barrels per day (b/d) in 2001 reached an estimated 25.87mn b/d in 2008. It should average 25.79mn b/d in 2009, then rise to around 29.12mn b/d by 2013. Regional oil production was just
bharatbook | 10/16/2009
The latest Colombia Oil & Gas Report from BMI forecasts that the country will account for 3.23% of Latin America regional oil demand by 2013, while providing 6.38% of supply. Latin America regional oil use of 6.66mn barrels per day (b/d) in 2001 reached an estimated 7.61mn b/d in 2008. It should average 7.57mn b/d in 2009 and then rise to around 8.23mn b/d by 2013. Regional oil production was just
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