04 June 2017
OPEC, along with a number of other non-OPEC major producers, recently extended their 1.8m barrels per day (b/d) output cut agreement from end-June 2017 until March 2018. We examine the reasons and...
21 February 2017
Oil producers across the Middle East and North Africa (MENA) region are continuing to spend heavily on oil, gas and petrochemicals production capacity despite the fall in oil prices since 2014. New...
28 January 2017
Qatar’s investments in Russia will further strengthen ties between the Organization of the Petroleum Exporting Countries and non-member oil producers, OPEC Secretary-General Mohammed Barkindo told...
24 April 2016
Some of the world’s major oil producers met in Doha on April 17 to discuss possible steps to support the oil market. Market participants had expected a deal involving a stabilisation of production at...
09 April 2016
Oil prices have enjoyed a recovery in recent weeks. They rose from USD28 per barrel (/b) in mid-January to around USD40/b now. While a potential production freeze by some oil producers might have...
15 January 2015
Qatar Petroleum and Royal Dutch Shell Plc (RDSA) called off plans to build a $6.5 billion petrochemical plant in the emirate as oil producers accelerate cuts to global investment plans in response to...
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