opec Archives

3 min

Qatar, Venezuela direct flights to take off from October: President Maduro

Venezuela’s government has also announced direct flights to Iran and Algeria. Direct flights between Caracas and Doha will commence from October this year, Venezuela’s President Nicolas Maduro announced on Thursday.…

4 min

Russian foreign minister to meet with GCC counterparts in Riyadh

OPEC was formed in 1960 as a cartel, with the mission of providing a solution to the worldwide supply of oil and its price levels. Russian Foreign Minister Sergey Lavrov…

5 min

Business

Qatar ‘wise’ to disengage from OPEC to focus on LNG: analyst

Qatar’s stance against rejoining OPEC has raised questions on whether the Gulf state is following a business or a political strategy. Qatar, the world’s biggest exporter of liquefied natural gas…

3 min

Qatar’s energy minister rules out plans to rejoin OPEC

Energy officials from Qatar and Turkey are currently attending the event in the UAE, in a sign of improving ties with the Emirates. Qatar’s Energy Minister Saad Al-Kaabi said Doha…

2 min

Qatar ‘unlikely’ to rejoin OPEC+ despite GCC rapprochement: expert

Experts believe Qatar will not benefit from rejoining OPEC+. Qatar will not rejoin OPEC (Organization of the Petroleum Exporting Countries) as it does not make sense for the country strategically,…

3 min

Qatar energy minister: Opec leaders’ summit being considered

The emergency meeting is being called by Venezuela, which has been calling on Opec to slash production to revive flagging oil prices.

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