2015-06-03 18:40:00
FAIR PRICE: $75 - 80
The top oil officials of Iraq and Venezuela said on Wednesday that $75 to $80 a barrel was now a "fair" price for oil, reflecting an emerging consensus on a possible equilibrium for volatile markets.
Asked for his view while speaking at an OPEC seminar in Vienna, Iraqi oil minister Adel Abdel Mahdi said he believed $75 to $80 was fair.
"We share the same opinion of the minister of Iraq regarding this issue," Venezuela's oil minister Asdrubal Chavez said. Iran's oil minister declined to comment.
Until last year, most members of the Organization…
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.
Chronicle:
2020, January, 24, 13:19:00
RENEWABLE ENERGY OPPORTUNITIES IN GEORGIA
The energy sector of Georgia is very attractive in terms of its untapped potential, developing infrastructure and increasing local and regional demand.
2020, January, 24, 13:18:00
SAIPEC EXIBITION, CONFERENCE 25-27 FEB 2020
WELCOME TO THE 4TH SUB SAHARAN AFRICA INTERNATIONAL PETROLEUM EXHIBITION AND CONFERENCE - OIL AND GAS AS AN ENABLER FOR ECONOMIC TRANSFORMATION IN SUB-SAHARAN AFRICA
2020, January, 24, 13:18:00
PROJECT FINANCE & PROJECT FINANCIAL MODELLING WORKSHOP
Registration opens for 2020 Project Finance & Project Financial Modelling workshop
A 5-days course covers both project finance and financial modelling best practices.
2020, January, 24, 13:17:00
LNG CONGRESS RUSSIA - A 5%-DISCOUNT EXPIRES IN THREE DAYS
We are writing just to let you know that there are 3 days left to take advantage of a 5%-discount to register for the 7th International LNG Congress Russia (Moscow, 18 and 19 March 2020). The offer ends on 24 January. The Congress annually attracts over 250 senior executives, operators of LNG projects, investors and experts for sharing opinions on issues associated with industry development in Russia and worldwide.
2020, January, 24, 13:15:00
OIL, GAS ENERGY TRANSITION
The oil and gas industry now needs to make clear what clean energy transitions mean for it – and what it can do to accelerate clean energy transitions.
2020, January, 24, 13:10:00
GLOBAL RENEWABLE ELECTRICITY UP 20%
global electric power generation from renewable sources will increase more than 20% throughout the projection period (2018–2050), providing almost half of the world’s electricity generation in 2050. In that same period, global coal-fired generation will decrease 13%, representing only 22% of the generation mix in 2050.
2020, January, 24, 13:05:00
UAE INVESTMENT FOR EGYPT $7.2 BLN
The UAE is currently the largest investor in Egypt with total investments exceeding AED26.5 billion (US$ 7.2 bn), according to Jamal Saif Al Jarwan, Secretary-General of the UAE International Investors Council.