Posts Tagged ‘organization’
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Oil industry says investment vital to supply, despite shale boom

by on November 19, 2012 2:17 pm GMT
Oil industry says investment vital to supply, despite shale boomKjetil Malkenes Hovland and Sarah Kent, Dow Jones NewswiresPARIS -- Continued investment in new and existing oil projects will be essential to ensure the world remains adequately supplied, despite the oil boom under way in the United States, industry experts said Monday.

OPEC warns IEA's U.S. oil forecast may hurt investment

by on November 13, 2012 2:28 pm GMT
OPEC warns IEA's U.S. oil forecast may hurt investmentLONDON -- The head of OPEC warned Tuesday that its members' spending plans could be undermined by an energy watchdog's forecast that the U.S. will leapfrog Saudi Arabia in terms of oil production.On Monday, the International Energy Agency, which represents

OPITO bolsters team with two new appointments

by on November 7, 2012 2:02 pm GMT
OPITO bolsters team with two new appointmentsABERDEEN, UK — The industry skills and workforce development body, OPITO, has appointed a new UK standards and approvals director to lead the development and delivery of safety and competence training standards throughout the industry.Graham Gall has joined OPITO, bringing a wealth of

Rosneft CEO: No plans to work with OPEC on oil output

by on November 2, 2012 3:02 pm GMT
Rosneft CEO: No plans to work with OPEC on oil outputMOSCOW--OAO Rosneft Chief Executive Igor Sechin said there are no plans for Russia to cooperate with the Organization of Petroleum Exporting Countries on reducing production to support oil prices, even though state-controlled companies will own nearly 50% of