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November 18, 2007

OPEC Summit concluded
Riyadh, November 18 , SPA -- The Third OPEC Summit was concluded here today under the chairmanship of Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz. The conclusion session was attended by heads of delegations of the member countries of the OPEC ... more

International Energy Forum Secretary General thanks Kingdom for hosting symposium
Riyadh, November 18 , SPA -- Secretary General of the International Energy Forum Arne Walther has expressed thanks to the Kingdom of Saudi Arabia for hosting the ministerial symposium on the fringes of the Third OPEC Summit in Riyadh and hosting the secretariat of the International Energy Forum... more

King receives leaders of OPEC
Riyadh, November 18 , SPA -- The Custodian of The Two Holy Mosques, King Abdullah bin Abdulaziz received here this afternoon, leaders and heads of the states participating in the Third OPEC Summit, at King Abdul-aziz International Center for conferences in Riyadh... more

King meets Venezuelan President
Riyadh, November 18 , SPA -- The Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz held here today a meeting with Venezuelan President Hugo Chavez. in Riyadh... more

OPEC Delegation tours Sultan City for Humanitarian Services
Riyadh, November 18 , SPA -- A 120-member Delegation of OPEC, comprising all member states of the Organization, toured here Saturday Prince Sultan bin Abdulaziz City for Humanitarian Services... more

OFID donates $500,000 for cyclone-victims in Bangladesh
Riyadh, November 18 , SPA -- The OPEC Fund for International Development (OFID) has donated $500,000 to provide relief to the victims of a cyclone which hit Bangladesh last Thursday... more

November 17, 2007

Custodian of the Two Holy Mosques Chairs OPEC Summit
Riyadh, November 17 , SPA -- Presided over by the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud, the Third Summit Meeting of the leaders and representatives of the Organization of Petroleum Exporting Countries (OPEC) member states began its deliberations at King Abdulaziz International Center for Conferences in Riyadh tonight... more

November 16, 2007

OPEC countries' foreign, finance, oil ministers hold meeting
Riyadh, November 16 , SPA -- Chaired by Prince Saud Al-Faisal, the Foreign Minister, foreign, energy, oil and finance ministers of member countries of the Organization of Petroleum Exporting Countries (OPEC) held here today their ministerial meeting of the Third OPEC Summit Conference which will be held here tomorrow... more

November 16, 2007

Libyan Oil Minister arrives in Riyadh
Riyadh, Saudi Arabia, November 16, 2007, SPA- Libyan Oil Minister Dr. Shokri Ghanim, arrived here today at the head of the Libyan delegation, which will participate in two-day works of the Third OPEC Summit starting tomorrow... more

Khelil affirms OPEC's Oil reserves enough for global demand
Riyadh, Saudi Arabia, November 16, 2007, SPA- Algerian Minister of Energy and Mining Chakib Khelil has reiterated that oil reserves of the members of the Organization of Petroleum Exporting Countries
(OPEC) will meet World demand for many years as per a study conducted by the Oil Cartel... more

Al-Naimi says Summit will generate OPEC solidarity
Riyadh, Saudi Arabia, November 16, 2007, SPA- In response to an invitation from the Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz, the Kingdom of Saudi Arabia will host tomorrow the Third summit meeting of the leaders of members of the Organization of Petroleum Exporting Countries (OPEC)... more

Al-Jeraisey highlights Saudi influential role at OPEC Summit
Riyadh, Saudi Arabia, November 16, 2007, SPA- Chairman of the Board of Directors of Riyadh's Chamber of Commerce and Industry Abdulrahman Al-Jeraisey has said convening of the Third OPEC Summit in Riyadh underlines the Saudi influential role in all fields led by the economy which is closely linked to Oil... more

November 15, 2007

Al-Naimi inaugurates OPEC Summit's Ministerial symposium
Riyadh, Saudi Arabia, November 15, 2007, SPA - Minister of Petroleum and Mineral Resources Ali Al-Naimi opened here today the two-day ministerial symposium, which is organized on the fringe of the activities of the Third OPEC Summit... more

Nigerian Minister highlights importance of Third OPEC Summit
Riyadh, Saudi Arabia, November 15, 2007, SPA - Nigeria's Minister of State for Energy (Petroleum) Henry Odin Ajumogoboa has underscored the importance of the Third OPEC Summit which opens its two-day works on Saturday... more

Prince Abdulaziz bin Salman holds Press Conference
Riyadh, Saudi Arabia, November 15, 2007, SPA - Prince Abdulaziz bin Salman bin Abdulaziz, Assistant Minister of Petroleum and Mineral Resources for Petroleum Affairs held here yesterday a joint press conference with the Secretary General of OPEC Abdullah Bin Salem Al-Badri on the occasion of the Third OPEC summit, starting its two-day deliberation in Riyadh on Saturday... more

Ecuador President arrives tommorrow for OPEC Summit
Riyadh, Saudi Arabia, November 15, 2007, SPA - President Rafael Correa Delgado will arrive here on Friday on a visit to the Kingdom of Saudi Arabia... more

November 14, 2007

Report on OPEC
Riyadh, Saudi Arabia, November 14, 2007, SPA - Saudi Arabia will host the third summit of the heads of member states of the Organization of Petroleum Exporting Countries (OPEC) on 17 and 18 November 2007... more

Activities of OPEC Summit
Riyadh, Saudi Arabia, November 14, 2007, SPA - Prince Abdul-aziz bin Salman bin Abdul-aziz, the Assistant Minister of Petroleum and Mineral resources for Petroleum affairs alongwith OPEC Secretary General Abdullah Al-Badr, held today a press conference at Riyadh Marriot Hotel within the activities of the Third OPEC Summit, which are proceeding ahead in full swing, during which they highlighted the topics of the summit that starts its proceedings on Saturday... more

Al-Naimi visits OPEC Summit's Media Center
Riyadh, Saudi Arabia, November 14, 2007, SPA - Minister of Petroleum and Mineral Resources, Eng. Ali bin Ibrahim Al-Naimi toured today at Marriot Hotel in Riyadh, the Media Center set up by his Ministry in cooperation with the Ministry of Culture and Information... more

OPEC Chief lauds Saudi Arabia's major role
Riyadh, Saudi Arabia, November 14, 2007, SPA - The Secretary General of the Organization of Petroleum Exporting Countries (OPEC) Dr. Abdullah Bin Salem Al-Badri welcomed in a statement the hosting the third OPEC summit by the Kingdom of Saudi Arabia and termed it as a positive step for the organization... more

Al-Naimi hails OPEC's 17 years achievements 4 Riyadh
Riyadh, Saudi Arabia, November 14, 2007, SPA - Commenting on claims that some states intend to file lawsuits against OPEC, Al-Naimi affirmed that OPEC is able to respond to any lawsuits, considering that as a right to any state, and pointing out that the Kingdom has no problem in the policies relating to optimal use of energy and preservation of environment to be pursued by the European Union countries... more

Al-Naimi hails OPEC's 17 years achievements 3 Riyadh
Riyadh, Saudi Arabia, November 14, 2007, SPA - Minister Al-Naimi reaffirmed that OPEC seeks to stabilize the market and considers that a situation in any country will affect other countries especially what happened in the United States of America with regard to fluctuations in the price of the dollar, which was one of the factors for the rise in oil prices as the United States is the largest consumer of oil in the world... more

Al-Naimi hails OPEC's 17 years achievements 2 Riyadh
Riyadh, Saudi Arabia, November 14, 2007, SPA - The Minister of Petroleum and Mineral Resources indicated that oil income in Saudi Arabia represents between 70 to 80 percent of the state budget and between 30 to 35 percent of Gross National Product (GNP)... more

Al-Naimi hails OPEC's 17 years achievements
Riyadh, Saudi Arabia, November 14, 2007, SPA - The Minister of Petroleum and Mineral Resources Ali bin Ibrahim Al-Naimi stressed that the Organization of Petroleum Exporting Countries / OPEC / has been proud of its achievements for 17 years... more

November 13, 2007

Minister opens Petroleum and Gas Exhibition
Riyadh, Saudi Arabia, November 13, 2007, SPA - Minister of Petroleum and Mineral resources Eng Ali al-Naimi will open here later today an international exhibition on "Petroleum and Gas," which will be organized within the framework of the activities of OPEC's Third summit, which starts its works in Riyadh on Saturday... more

October 30, 2007

OPEC International Oil Exhibition and Ministerial Symposium to Kickoff OPEC Summit Week
Riyadh, Saudi Arabia, October 30, 2007 - The International Oil Exhibition, arranged by the OPEC Summit Organizing Committee, will take place at the King Faisal Hall at the Intercontinental Hotel in Riyadh from the 13th to the 16th of November, 2007. This will be followed by a Ministerial Symposium for the Governments of OPEC Member Countries. This four-day exhibition will feature prominent exhibitors, including national oil companies of OPEC member nations, major international oil companies such as ExxonMobil, Chevron, Nippon Oil and Shell, among many others along with business and cultural exhibitions from OPEC member nations. In addition to showcasing oil capabilities from member states and oil companies, cultural exhibitions will organized by Member Countries. The cultural exhibitions are another mechanism through which cultural exchange and understanding is being promoted among OPEC states. ... more

October 28, 2007

In Preparation to the Third OPEC Summit to be Held in Riyadh MinPet Organizes the 2007 Seminar for the Local Media Professionals
Riyadh, Saudi Arabia, October 28, 2007 - At the attendance of HRH Prince Abdul-Aziz ibn Salman ibn Abdul-Aziz, Assistant to the Minister for Petroleum Affairs, His Excellency Minister of Petroleum & Mineral Resources, Engineer Ali ibn Ibrahimm Al-Naimi, hosted, this Sunday afternoon at the Ministrys Headquarters in Riyadh, the closing ceremony for The 2007 Seminar for the Local Media Professionals organized collaboratively by the Ministry of Petroleum & Mineral Resources, Saudi Aramco, and the Journalists Association, as part of the preparations to the Third OPEC Summit to be held in Riyadh during the month of Dhu al-Qadah 1428 (November 2007)... more

October 02, 2007

The Kingdom of Saudi Arabia will host the Third OPEC Summit of Heads of State and Governments on November 17 and 18, 2007 in Riyadh.
Riyadh, Saudi Arabia, October 2, 2007 - His Excellency Ali bin Ibrahim Al-Naimi, the Saudi Arabian Minister of Petroleum & Mineral Resources, has announced that, at the invitation of the Custodian of the Two Holy Mosques King Abdullah bin Abdul-Aziz, the Kingdom of Saudi Arabia will host the Third OPEC Summit of Heads of State and Governments on November 17 and 18, 2007 in Riyadh... more