Organization of Petroleum-Exporting Countries | Blouin News

Organization of Petroleum-Exporting Countries

OPEC who? Cartel's influence wanes

As U.S. dependence on Middle East oil eases, its political footprint on the region may follow suit.

Chavez death brings hope, uncertainty to oil patch

Venezuela's oil production is poised to reverse a dramatic decline that has seen exports fall by nearly half during Hugo Chavez's time as president.

LAST UPDATE : Mar 06, 2013, 11:23 AM EST

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Venezuela devalues bolivar by 32%
Official fixed exchange rate changes to 6.30 bolivars to the U.S. dollar from 4.30 bolivars to the U.S. dollar with immediate effect.
- Venezuela Devalues Bolivar by 32% Amid Dollar Shortage [Bloomberg]
- Venezuela announces currency devaluation [AP]

Iraq considering BP for work on Kirkuk oil field

Baghdad believes that raising output at oil field in territory contested by Baghdad and Kurds could strengthen government's control over region.
-Blouin Business: Against Iraq’s will, Kurdistan sees itself as an oil market player

LAST UPDATE : Jan 18, 2013, 2:42 PM EST

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OPEC oil output falls as Iran exports dip
Production lowest since November 2011.
- OPEC oil output falls to lowest in more than a year as Iran exports dip [al-Arabiya]
- Turkey will no longer say where it buys its oil: official [AFP]

Qatar set to host major climate talks

When the tiny desert nation of Qatar was chosen to host the latest round of United Nations climate change negotiations, environmentalists were stunned.

LAST UPDATE : Dec 13, 2012, 8:00 AM EST

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