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Broadcast: Jan 12, 2003 The Organization of Petroleum Exporting Countries has agreed to increase production to 24.5 million barrels per day to cover a shortfall of oil from Venezuela, where a six week

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By Marlene Smith Vienna 31 January 2006 OPEC's President Edmund Maduabebe Daukoru from Nigeria arrives for final press conference after a meeting of ministers of OPEC, in Vienna, 31 January 2006 The O

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[00:06.87]OPEC,the Organization of Petroleum Exporting Countries agreed [00:13.30]this week to increase oil production. [00:17.42]The increase is aimed at lowering oil prices, [00:22.15]which went up after OPEC and several other nations cut productio

Gas Shortage Intensifies in Mexico

Broadcast: Feb 13, 2003 Demand for electricity is growing in Mexico, but the state-owned oil company, known as Pemex, is reducing the amount of natural gas it can provide for electrical generation. Th

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By Greg Flakus Record-breaking energy prices have heightened concerns about diminishing oil production worldwide at a time when demand from emerging nations like China and India is growing dramaticall

VOA慢速英语 2008 0509a

Economics Report - Why Oil Continues Its Climb Unrest in oil-producing nations and the weak dollar are causes of the increase in oil prices. But increasing demand has not been met with new supplies. Transcript of radio broadcast: 08 May 2008 This is

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AS IT IS 2015-09-04 Countries Compete for Oil in the Arctic 北极的国际石油争夺战 Russia, the United States and other countries are hurrying to control Earths northernmost territory: the Arctic. It is rich in oil and natural gas. The countri

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AS IT IS 2015-01-09 Oil Supply Swells Driving Prices Down The price of oil has continued to drop, reaching its lowest levels in more than five years. Many experts say one main reason is that oil supplies are high. Carl Larry is an oil and gas expert

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Over the last decade, oil production has slipped in Venezuela, even as estimates of the country's petroleum reserves have grown. Venezuela's reserves are now thought to be the world's largest, giving the country an enormous revenue potential for deca

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By Sabina Castelfranco Rome 22 April 2008 OPEC Secretary General Abdalla Salem el-Badri says the cartel plans to boost its oil production targets by five million barrels a day by 2012. He was speaking on the final day of the International Energy Foru

OPEC Reaffirms Pledge to Cut Production Quotas

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2006年VOA标准英语-OPEC Delays Production Cuts Till February

By Gilbert da Costa Abuja 14 December 2006 OPEC oil ministers meeting in Nigeria have agreed to cut the organization's overall production by half a million barrels a day in February, but turned down calls for more immediate cuts. Gilbert da Costa re

OPEC Agrees to Reduce Oil Output

OPEC Agrees to Reduce Oil Output Kerry Sheridan Oil prices edged higher Tuesday after ministers from the Organization of Petroleum Exporting Countries (OPEC) agreed to reduce output. OPEC ministers ha

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Saudi Arabia is signaling that it is going to boost its supply of oil on its own after failing to convince other oil producers to jointly agree to more production. Several news agencies reported Saturday that the Saudis could increase their oil produ

EU Oil Embargo on Iran Takes Effect Sunday

A European Union embargo on Iranian oil that takes effect Sunday is the latest move in an international effort to force Tehran to halt its disputed nuclear program. The EU and the United States want Iran to end development work that they say is inten

US to Release Oil from Emergency Reserves

The Obama administration announced Thursday that it is releasing 30 million barrels of oil from the United States emergency reserve to offset production lost because of the fighting in Libya. The U.S. oil will be about half of a 60 million barrel int

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China's top oil and gas producer said overseas operations will take a much larger share of its overall output as the company continues to expand abroad. The China National Petroleum Corp or CNPC produced around 110 million tonnes of oil equivalent th