Organization of the Petroleum Exporting Countries
COP28 summit: Draft climate deal falls short of fossil fuel 'phase-out'
12 Dec 2023
As the COP28 summit in Dubai, UAE approaches its final day, the latest draft text, issued by President Sultan Al Jaber, has refrained from addressing the phasing out of fossil fuels.
Plea for action as COP 28 talks hit the oil hurdle
10 Dec 2023
OPEC’s biggest producer Saudi Arabia and the biggest non-Opec producer Russia and other oil exporters want climate talks to focus on emissions and not on what causes them
Opec output cut threat fails to boost oil prices
06 Dec 2019
While the move is widely seen as aimed at boosting the initial public offer (IPO) of Saudi Arabia’s state-owned oil producer Saudi Aramco, some market participants also believe the market is approaching the top of an important range above which oil needs more stimulus to push ahead
Iran warns Opec against indecision on output cut
06 Dec 2018
Qatar to quit Opec in January, to focus on gas exports
04 Dec 2018
Qatar, the world’s largest exporter of liquified natural gas, plans to increase gas exports from 77 million tonnes per year to 110 million tonnes, while also raising its oil production from 4.8 million barrels to 6.5 million barrels
Opec agrees to raise output by 1 mn barrels per day
23 Jun 2018
Opec members agreed to a deal on Friday to increase oil supplies by about 1 million barrels of oil per day, equivalent to an increase of 1 per cent of global supplies
India, China plan oil buyers’ block to counter Opec
14 Jun 2018
While the two countries compete in the acquisition of oil assets overseas, India and China have a common interest in keeping oil import prices low, considering its impact on domestic economies
OPEC meet fails to agree on output curbs
03 Jun 2016
Despite the setback, Saudi Arabia moved to soothe market fears that failure to reach any deal would prompt it to raise production further to punish rivals and gain additional market share
Opec output hit 3-year high in November
11 Dec 2015
Featured articles
The New Oil (Part 5): Friend-Shoring, Supply Chain Fragmentation and the Cost of Resilience
By Cygnus | 19 Jan 2026
Friend-shoring is reshaping lithium, rare earth and graphite supply chains, creating a resilience premium and new winners and losers in clean tech.
The New Oil (Part 4): Can Technology Break the Dependency?
By Cygnus | 16 Jan 2026
Can magnet recycling and rare-earth-free motors reduce global dependence on strategic minerals? Part 4 explores breakthroughs, limits and timelines.
India’s Gig Economy Reset: The End of ‘10-Minute Delivery’ Hype?
By Cygnus | 14 Jan 2026
India’s quick-commerce sector is shifting away from “10-minute delivery” hype amid worker safety concerns and rising regulation. Here’s what changes—and what doesn’t.
AI Is Becoming the New Electricity Crisis: Why the Real Bottleneck Is Megawatts
By Axel Miller | 14 Jan 2026
AI is turning into an electricity crisis as data centres scale from chips to megawatts. Grid bottlenecks, copper demand and cooling limits are now the real AI constraints.
The New Oil (Part 3): Can Technology End the Rare Earth Dependency?
By Cygnus | 14 Jan 2026
Magnet recycling and rare-earth-free motors are emerging as technology escape routes from critical mineral dependency. But timelines are slower than the hype suggests.
The New Oil: Inside the Processing Gap — Why Mining Alone Won’t Fix the Critical Minerals Crisis
By Cygnus | 13 Jan 2026
Mining isn’t the real bottleneck in critical minerals. The 2026 processing gap — refining, separation and chemical conversion — is the chokepoint reshaping global supply chains, industrial policy and geopolitics.
The Battle for the Skies: Air India’s Widebody Bet vs IndiGo’s XLR Gambit
By Cygnus | 12 Jan 2026
Air India vs IndiGo fleet strategy 2026: Air India expands with new Boeing 787-9 widebodies while IndiGo uses A321XLR efficiency and IndiGoStretch to reshape long-haul economics.
The Custom Dreamliner: Air India Reclaims Its Skies with First Post-Privatisation 787-9
By Axel Miller | 12 Jan 2026
Air India’s comeback under Tata enters a new phase as its first post-privatisation custom Dreamliner strengthens the fleet renewal push for premium long-haul travel.
The New Oil (Part 2): How the 2026 lithium and graphite bottleneck could stall global EV growth
By Cygnus | 12 Jan 2026
Lithium and graphite are emerging as the key EV bottlenecks in 2026 as South America expands mining while China dominates processing and battery-grade conversion.
