Tag: Opec

    GCC needs to prepare for world dominated by clean energy
    07 Oct 2021

    Since its establishment in 1961, the Organization of the Petroleum Exporting Countries has faced many challenges. These challenges ranged from the abduction of one of its ministers, wars in member countries, and international sanctions targeting oil exports to threats and international political pressure to force the organization to change its production policy and lower oil […]

    Opec member urges oil producers to focus more on renewable energy
    02 Sep 2021

    The finance minister of Iraq, one of the founding members of the global oil cartel Opec, has made an unprecedented call to fellow oil producers to move away from fossil fuel dependency and into renewable energy, ahead of a key Opec meeting. Ali Allawi, who is also the deputy prime minister of Iraq, has written […]