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  • Key Opec members have agreed that the oil cartel should keep its output limits unchanged while Iraq continues to struggle with restarting its exports. Bijan Zanganeh, Irans Oil Minister, confirmed that the advisory committee of Opec would recommend the groups production ceiling remain at 25.4mn b/...

    • Availability: Online
    • Record type: News Item

  • The Society of Maritime Industries is the voice of the UK's maritime engineering and business sector promoting and supporting companies which design, build, refit and modernise ships, and supply equipment and services for all types of commercial and naval ships, ports and terminals infrastructure, o...

    • Availability: In the library
    • Record type: Book

  • Saudi Arabia will support a temporary suspension of the Opec's oil output limits if an attack on Iraq halts exports from the world's eighth largest exporter.

    • Availability: Online
    • Record type: News Item

  • Short courses available in Renewable Energy, Offshore and Ocean Technology, Oil and Gas, Process Engineering and Gas Turbine Engineering subject areas. Masters courses available in a variety of technical subjects including Energy Systems and Thermal Processes, Renewable Energy Engineering, Carbon Ca...

  • The head of the International Energy Agency (IEA) recently stated that the current high oil prices were partly to blame for sluggish world economic growth. Claude Mandil said the 11-member Opec cartel, which controls half of world oil exports, should moderate its price target of $25/b in favour of p...

    • Availability: Online
    • Record type: News Item

  • Mexico is reported to have reaffirmed that it will reduce its oil production by 100,000 b/d in 1H2002 in a bid to help Opec bolster oil prices. The Energy Ministry said that the new export cap would be 1.66mn b/d - a cut from what the country had forecast in its 2002 budget, but roughly in line with...

    • Availability: Online
    • Record type: News Item

  • Shipowners warned yesterday that soaring insurance premiums on tankers loading in the Middle East might add 50 cents a barrel to the cost of Iranian or Iraqi crude. London underwriters were asking for the equivalent of 1% of the insured value of the ship, amounting, in many cases, to $1m a voyage. T...

  • Gordon Brown said yesterday that the West was working with oil exporters to keep crude supplies flowing to the faltering world economy, despite hints from leading Opec members that the cartel is considering production cuts. Venezuela's president, Hugo Chavez, repeated his concerns about falling oil ...

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