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Vienna

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Oil Prices Surge Hoping OPEC Slashes Production
February 5th, 2020 - 01:18 GMT

Oil Prices Surge Hoping OPEC Slashes Production

Crude oil prices were up on Wednesday as the global oil market and investors hope that the Organization of Petroleum Exporting Countries (OPEC) would make deeper cuts in crude production to support low prices. The international benchmark Brent crude was trading at $54.20 per barrel at 0723 GMT for a 0.7% increase after closing Tuesday at $53.81 a barrel. American benchmark West Texas Intermediate was at $49.77 a barrel at ...
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Iranian President Hassan Rouhani made a defensive statement on Monday in which he said that the West's efforts to curb Iran's nuclear sector were not working, and that the world had been forced to see the might of Iran's capabilities. (AFP/File)
December 9th, 2013 - 07:39 GMT

Western efforts to curb Iran's enrichment failing, says Rouhani

Energy ministers from Opec countries agreed yesterday to keep the group’s target for crude output unchanged at 30mn bpd.
December 5th, 2013 - 02:56 GMT

Nothing exciting about the new oil production rate set by OPEC

Iran's Oil Minister Bijan Zanganeh said that Tehran has "no technical difficulties to expand our exports and to return to four millions barrels a day" once political obstacles, referring to sanctions, are lifted (Courtesy of Press TV)
December 4th, 2013 - 06:59 GMT

Iran gears up for OPEC meeting, says Tehran to "immediately" increase exports

Iran's Deputy FM Abbas Araqchi told reporters that "we are in no way optimistic about [the West world powers]-we are pessimistic- and we have told them that we cannot trust you" (Courtesy of Press TV)
December 1st, 2013 - 11:24 GMT

Iran and world powers to meet next week to discuss implementation strategy for historic deal

The Saudi energy industry has to evolve to meet global opportunities and challenges. (Image credit: Shutterstock)
November 21st, 2013 - 06:10 GMT

Should Saudi Arabia be concerned about the USA's growing oil shale output?

International Atomic Energy Agency (IAEA) Director General Yukiya Amano has arrived in Tehran for talks following the Geneva conference. (AFP)
November 11th, 2013 - 08:14 GMT

IAEA Chief arrives in Tehran for further nuclear talks

Marwan Hajjar's 961 beer is not only popular among Lebanese consumers but internationally as well (Courtesy of 961)
November 11th, 2013 - 07:50 GMT

Something new is brewing in Lebanon's booming beer industry

International Atomic Energy Agency (IAEA) chief inspector Tero Varjoranta talks to the press after a meeting with a delegation from Iran at the United Nations headquarters in Vienna. (Image credit: AFP)
November 2nd, 2013 - 03:00 GMT

U.N. atomic watchdog says Iran's proposal has "substance"

IAEA's Tero Varjoranta and Iran's Reza Najafi reported that they will meet again in Tehran November 11 as a follow-up to the "positive" talks in Vienna (Dieter Nagl/AFP)
October 29th, 2013 - 02:42 GMT

Iran talks in Vienna "positive," UN nuclear watchdog to visit Tehran in November

Obama and Netanyahu discuss Israel-Palestine peace efforts. [algemeir]
October 29th, 2013 - 06:27 GMT

Netanyahu and Obama discuss Iran

Algeria plays a critical role in the international oil and gas market. It is the third largest natural gas producer in the Arab world after Qatar and Saudi Arabia, the leading gas exporter in Africa and an energy supplier to France, Spain, Italy, Turkey, US and China.
October 22nd, 2013 - 08:39 GMT

Algeria: the Arab World's often forgotten massive oil giant

Saudi Arabia still needs approval from two-thirds of the General Assembly to secure its non-member UNSC status (Courtesy of the UN)
October 17th, 2013 - 04:23 GMT

Saudi Arabia wins UN Security Council seat

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