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Keywords: organization of petroleum exporting countries
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Proceedings Papers
Dropping World Oil Prices Will Force Next Oil Crisis
Available to PurchasePublisher: Petroleum Society of Canada
Paper presented at the Annual Technical Meeting, June 1–4, 1985
Paper Number: PETSOC-85-36-19
... consumption which rose 3% in 1984 (breaking a straight three year decline), will continue to rise by at least 1 million barrels perday aver the next several years. However, with almost 40% spare production capacity within the Organization of Petroleum Exporting Countries (OPEC), this gradual growth of 1...
Proceedings Papers
A Decade Of Oil And Gas Marketing: 1973 - 1983
Available to PurchasePublisher: Petroleum Society of Canada
Paper presented at the Annual Technical Meeting, May 29–June 2, 1977
Paper Number: PETSOC-77-02
... Abstract The formation of the Organization of Petroleum Exporting Countries (OPEC) and the threat of significant price increases caused producing countries including Canada to critically examine their remaining oil and gas reserves. The resultant explosion of activity in 1973–74 found oil...
Proceedings Papers
Middle East Concessions, OPEC, And The Winds Of Change
Available to PurchasePublisher: Petroleum Society of Canada
Paper presented at the Annual Technical Meeting, June 1–4, 1971
Paper Number: PETSOC-7103
... with the host Governments intensified fears of continued price cutting. In September 1960 delegates of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela voted to create the Organization of Petroleum Exporting Countries. The cut in crude oil price in 1959 and 1960 in addition to devaluation of the world reserve...
