OPEC (Organization of the Petroleum Exporting Countries) News Monitoring

Trump Tariffs Have Profound Impact On Global Oil Trade, OPEC Strategies

OPEC+ is once again at the centre of a global energy crisis as it grapples with a new challenge posed by President Donald Trump's tariffs on major crude oil suppliers. The tariffs, which include a 10 percent levy on Canadian oil and 25 percent on US …

IEA, Opec will share insights on oil market during India Energy Week

New Delhi: International Energy Agency (IEA) is set to share insights on the India's oil and gas sector during the 3rd edition of India Energy Week (IEW) next week here in the national capital. Besides, India Energy Week will also witness sharing of …

OPEC Fund arranges US$50 million syndicated loan facility to promote access to finance for SMEs in Paraguay

The OPEC Fund for International Development (the OPEC Fund) (www.OPECFund.org) has arranged a syndicated loan with a US$50 million facility for the benefit of Banco Continental in Paraguay. While the OPEC Fund will contribute US$25 million from its own …

A New Oil Cycle Begins And Sanctions, Shale, and OPEC Set the Stage

When President Donald Trump came into office, oil prices jumped. The immediate reason was simple enough: Trump likes a hardline approach to countries he sees as enemies, and that means Iran and sanctions on its oil exports. But there’s another factor at …

Global Oil Market To Face Turmoil Over U.S Pressure On OPEC- Iran

  Yemisi Izuora A major global oil market disruption may occur as a result of pressure on oil producers mainly coming from United States of America administration. Iran’s oil Minister, Mohsen Paknejad, warned that imposing unilateral sanctions on crude …

OPEC oil output falls for second month in January

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates where field maintenance had curbed output in December. The Organization of the Petroleum …

OPEC to Trump: We Set the Price, Not You

One of President Trump’s first orders of business following the initial burst of executive orders was to declare he would ask OPEC to ramp up its oil production to bring down prices. Trump pledged cheap energy to Americans, and he vowed to put a quick end …

OPEC oil output declined in January – Report

The Organisation of the Petroleum Exporting Countries’ crude production dipped for a second consecutive month in January as a drop in exports from Nigeria and Iran affected crude outputs. According to a report by Reuters on Wednesday, the development …

OPEC Fund Arranges US$50 Million Syndicated Loan Facility To Promote Access To Finance For Small And Medium-Sized ...

(MENAFN- APO Group) The OPEC Fund for International Development (the OPEC Fund) ( ) has arranged a syndicated loan with a US$50 million facility for the benefit of Banco Continental in Paraguay. While the OPEC Fund will contribute US$25 million from its …

President Pezeshkian: OPEC unity helps foil US sanctions threats

President Masoud Pezeshkian of Iran says members of the Organization of the Petroleum Exporting Countries (OPEC) need to stay away from political games and remain united to thwart threats of sanctions by the United States. Pezeshkian told the visiting OPEC …

Iranian President Pezeshkian Calls For OPEC Unity To Prevent US From Pressuring Members

(MENAFN- IANS) Tehran, Feb 6 (IANS) Iranian President Masoud Pezeshkian has urged the members of the Organisation of the petroleum Exporting Countries (OPEC) to unite and consistently prevent the United States from pressuring any of them."The OPEC …

Iran Urges OPEC To Unite Against Trump Sanctions

Iran's President Masoud Pezeshkian has urged OPEC members to unite against possible U.S. sanctions after U.S. President Donald Trump said he will drive Tehran's oil exports to zero. Iranian crude oil exports currently stand at ~1.5 million barrels …

Iran calls for OPEC to unite against potential US oil sanctions

DUBAI (Reuters) -Iran's President Masoud Pezeshkian urged OPEC members to unite against possible U.S. sanctions, after U.S. President Donald Trump said he would seek to drive Tehran's oil exports to zero. "I believe that if OPEC members are …

OPEC’s Oil Production Continued to Decline in January

OPEC’s oil production declined in January for a second consecutive month amid lower output from Iran and Nigeria, according to the monthly Reuters survey published on Wednesday. Last month, all 12 OPEC producers saw their combined output drop by 50,000 …

OPEC+ likely to go ahead with unwinding supply: Rystad

US President Donald Trump's tariffs are expected to be short-lived and the best course of action for OPEC+ would be to go ahead with the plan of unwinding supply in the second quarter of the year, according to new research from Rystad Energy The impact …

Iran's Pezeshkian, OPEC Secgen Highlight Joint Efforts For Global Oil Stability

(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 5. Masoud Pazeshkian, President of Iran, welcomed OPEC Secretary General Haitham Al Ghais to Tehran as part of the Secretary General's ongoing mission to the country, Trend reports. During their …

Iran's supreme leader rejects negotiations with Trump as 'not rational, intelligent or honorable'

Iran’s Supreme Leader Ayatollah Ali Khamenei on Friday rejected the idea of holding talks with the Trump administration, saying that experience had shown it was “not rational, intelligent, or honorable” to do so.  “Negotiations with America do not solve …

Bad news for Donald Trump: Neither OPEC nor U.S shale producers are interested in increasing oil supply despite his ...

Where does Trump’s renewed ‘maximum pressure’ leave any Iran-US deal?

Tehran, Iran – United States President Donald Trump has quickly restarted his pressure campaign against Iran while emphasising he does not want Tehran to have a nuclear weapon. Iranian authorities have unsurprisingly signalled they do not intend to …

The Value Of Adopting Generative AI In The Freight Railroad Industry

7 Competitive Advantages For Railroads In Prioritizing AI MT. LAUREL, NJ, UNITED STATES, February 8, 2025 /⁨EINPresswire.com⁩/ -- In 2024, 77% of U.S. companies are either using or exploring the use of generative AI in their businesses. 83% of …

Flow Meter Market Growing: Integrating IoT and Smart Sensor Technology

Flow Meter Market estimated to surpass $17.1 billion by 2033 WILMINGTON, DE, UNITED STATES, February 9, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the flow meter market size was valued at $9.9 …

Aarav Solutions announces the General Availability of OmniTel360 - an integrated CRM-BRM Suite

Aarav Solutions has launched OmniTel360, a pre-integrated solution for Telcos that have implemented Oracle BRM and are looking for a fast flexible CRM Frontend NJ, UNITED STATES, February 8, 2025 /⁨EINPresswire.com⁩/ -- Aarav Solutions, a global …

Shaping the Future: AI’s Transformative Impact on the Energy Sector in 2025

Defining AI-Driven Innovation for Efficiency, Sustainability, and Competitive Advantage : February 24-25, 2025 | Houston, TX  HOUSTON, TX, AUSTRALIA, February 7, 2025 /⁨EINPresswire.com⁩/ -- A recent IBM study stated that about 74% of energy and …

Houston’s Baker Energy Consultancy Reveals Oil Industry Wisdom in Its Folklore

25 oil industry adages, guidelines, and hard lessons with examples from Mexico HOUSTON, TX, UNITED STATES, February 7, 2025 /⁨EINPresswire.com⁩/ -- In the third edition of a report entitled “Upstream Folklore: How Oil Is Discovered, and Oil …

DriveSafe Online Launches Course to Cut Fuel Costs with Eco-Friendly Driving Habits

New Eco-Driving Course Teaches Employees How to Boost Fuel Efficiency by Up to 40% WICHITA, KS, UNITED STATES, February 7, 2025 /⁨EINPresswire.com⁩/ -- Driving electric vehicles is a great way to be eco-friendly. But how drivers operate their …

Volstora Energy Storage Selected by GSW Gold SolarWind Management GmbH for 58MWp solar park in Germany

Dutch Energy Storage Manufacturer to Supply Attigen Solar Park up to 60MWh in 2027. ARNHEM, GELDERLAND, NETHERLANDS, February 7, 2025 /⁨EINPresswire.com⁩/ -- Volstora B.V., a Dutch energy storage solutions manufacturer, has secured an agreement …

Three Dallas Emergency Rooms recognized by Minus 2 Degrees for their commitment to reducing carbon emissions

DALLAS, UNITED KINGDOM, February 7, 2025 /⁨EINPresswire.com⁩/ -- Minus 2 Degrees (M2D) is proud to recognize Highland Park Emergency Room, Lakewood Emergency Room, and Preston Hollow Emergency Room with the "Road to Net Zero" award. These …

ECO Canada’s New Report Highlights Manitoba’s Environmental Workforce Needs Through 2033

CALGARY, ALBERTA, CANADA, February 7, 2025 /⁨EINPresswire.com⁩/ -- A new labour market research report, Manitoba’s Cross-Sectoral and Multidisciplinary Environmental Workforce: A Snapshot of Employment and Hiring Needs to 2033, reveals vital …

The Earth Day Women’s Summit Debuts at EarthX 2025 to Elevate Women’s Perspectives & Drive Solutions for Climate Change

– Presented by Climate Thought Leaders Electric Ladies Podcast and Global Green – WASHINGTON, DC, UNITED STATES, February 7, 2025 /⁨EINPresswire.com⁩/ -- Electric Ladies Podcast and Global Green today announced the debut of The Earth Day Women’s …

Porcelain Insulators Market to Reach $13.6 Billion, Globally, by 2033 at 5.4% CAGR: AMR

Growing grid modernization and smart grid adoption drive demand for durable porcelain insulators, as investments in advanced infrastructure increase. WILMINGTON, DE, UNITED STATES, February 7, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research …

Overwatch Holdings Expands Global Footprint with Launch of EMEA Operations

Overwatch Holdings Inc. is proud to announce its expansion into the EMEA! LONDON, ENGLAND, UNITED KINGDOM, February 7, 2025 /⁨EINPresswire.com⁩/ -- Overwatch Holdings Inc. is proud to announce its expansion into the EMEA (Europe, Middle East, and …

Solar Inverters/PV Inverters Market Projected to Hit US$ 24.63 Billion With 5.5% CAGR Growth Forecast By 2025 to 2034

The growing ecological worries and the requirement to decrease carbon discharge are driving the market demand. NEW YORK CITY, NY, UNITED STATES, February 7, 2025 /⁨EINPresswire.com⁩/ -- Our solar inverters/PV inverters market report has been …

Wave and Tidal Energy Market Set for Rapid Expansion, Reaching USD 11.2 Billion by 2032

Wave and Tidal Energy Market had an estimated valuation of USD 1.12 bn in 2023. It is forecasted to grow from USD 1.44 bn in 2024 to nearly USD 11.2 bn by 2032 NEW JERSEY, NJ, UNITED STATES, February 7, 2025 /⁨EINPresswire.com⁩/ -- The Wave and …

E-Waste Recycling Market Projected Growth from USD 27.42 Billion in 2023 to USD 50.0 Billion by 2032

E-Waste Recycling Market was valued at USD 27.42 billion in 2023. Projections indicate that the industry will expand from USD 29.32 billion in 2024 NEW JERSEY, NJ, UNITED STATES, February 7, 2025 /⁨EINPresswire.com⁩/ -- The E-Waste Recycling …

Industrial Pump Market Forecast (2025-2034) - Analyzing a Steady CAGR of 2.87% and Future Opportunities

The Industrial Pump Market is driven by demand in oil & gas, water treatment and manufacturing, with growth in energy-efficient solutions. NEW YORK, NY, UNITED STATES, February 6, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive …

FUJIKURA EXHIBITS MILLIMETER-WAVE PRODUCTS at MWC BARCELONA 2025

First presentation of a 28GHz ｍｍwave antenna board and live demonstration of ultra-low latency remote control using a 60GHz mmwave wireless communication module KOTO-KU, TOKYO, JAPAN, February 7, 2025 /⁨EINPresswire.com⁩/ -- Fujikura Ltd. ( …

AC-DC Power Supply Units Market is Projected to Hit Market Size 10.64 USD Billion by 2032

AC-DC power supply units market is growing steadily with increased demand for efficient, high-performance, and compact power solutions across various sectors. NY, UNITED STATES, February 6, 2025 /⁨EINPresswire.com⁩/ -- According to the latest …

Wind Energy Maintenance Market to Exhibit 9.41% CAGR with 47.3 USD Billion Market Size by 2032

The Wind Energy Maintenance Market CAGR (growth rate) is expected to be around 9.41% during the forecast period (2024 - 2032). NY, UNITED STATES, February 6, 2025 /⁨EINPresswire.com⁩/ -- According to the latest market research report released by …

EV Battery Reuse Market: Transforming EV Waste into Energy Storage Solutions

EV Battery Reuse Market Worth $3.9 billion | Asia-Pacific CAGR of 34.9% by Japan, South Korea, Singapore, China, Taiwan, Hong Kong, Australia, Malaysia, India WILMINGTON, DE, UNITED STATES, February 7, 2025 /⁨EINPresswire.com⁩/ -- According to …