The Organization of the Petroleum Exporting Countries is an intergovernmental cartel enabling the co-operation of leading oil-producing and oil-dependent countries in order to collectively influence t
OPEC Conference delegates at Swissotel, Quito, Ecuador, December 2010
OPEC headquarters in Vienna
An undersupplied US gasoline station, closed during the oil embargo in 1973
A woman uses wood in a fireplace for heat. A newspaper headline in the foreground shows a story regarding a lack of heating oil in the community.
Petroleum politics have been an increasingly important aspect of diplomacy since the rise of the petroleum industry in the Middle East in the early 20th century. As competition continues for a vital r
Argentine president Néstor Kirchner and Venezuelan President Hugo Chávez discuss the Gran Gasoducto del Sur, an energy and trade integration project for South America. They met on 21 November 2005, in Venezuela.
Canadian Prime Minister Mark Carney and U.S. President Donald Trump at the 51st G7 summit in May 2025
A U.S. soldier stands guard duty near a burning oil well in the Rumaila oil field, Iraq, April 2003.
On 21 May 2014, Russia and China signed a $400 billion gas deal for natural gas supplies via the Eastern Route.