Statements (362)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:organization
|
| gptkbp:abbreviation |
gptkb:Organization_of_the_Petroleum_Exporting_Countries
|
| gptkbp:advances |
adapts to technological advancements in energy
|
| gptkbp:advocates_for |
gptkb:sustainable_development
|
| gptkbp:affiliated_with |
gptkb:OPEC_Fund_for_International_Development
|
| gptkbp:allies |
forms alliances with other countries
|
| gptkbp:annual_report |
OPEC Annual Statistical Bulletin
|
| gptkbp:challenges |
renewable energy sources
climate change policies market volatility Geopolitical tensions Market volatility geopolitical tensions transition to renewable energy Transition to renewable energy shale oil production Technological advancements in energy renewable energy growth facing competition from shale oil economic sanctions on member countries faces future challenges in energy transition |
| gptkbp:climate_change_response |
adapting strategies
|
| gptkbp:climate_impact |
criticism for fossil fuel reliance
faces challenges from climate change policies impact of climate change on oil industry |
| gptkbp:collaborates_with |
gptkb:OPEC+
non-OPEC oil-producing countries |
| gptkbp:collaboration |
gptkb:OPEC+
among member states collaborates with other organizations establishes partnerships builds global partnerships engages with other energy organizations non-OPEC oil-producing countries with the International Energy Agency Non-OPEC oil-producing countries non-OPEC countries promote economic cooperation among members |
| gptkbp:collaboration_with_iea |
collaborates with International Energy Agency
|
| gptkbp:conference |
gptkb:Baghdad
held every year OPEC Conference held in Vienna OPEC Ministerial Meeting OPEC Ministerial Conference 1959 in Geneva first conference held in Baghdad |
| gptkbp:conflict |
faces economic challenges in the oil sector
|
| gptkbp:crude_oil |
main product
|
| gptkbp:decided_by |
consensus
OPEC Conference requires consensus |
| gptkbp:economic_development |
supports economic development in member countries
supports member countries' development |
| gptkbp:economic_impact |
high
affects oil-dependent economies Influence on global economy Revenue for member countries affects global economies has a global economic impact |
| gptkbp:energy_market_trends |
analyzes trends
|
| gptkbp:energy_policy_discussions |
engages in discussions
|
| gptkbp:energy_resource_management |
manages energy resources
|
| gptkbp:energy_transition |
navigating energy transition
navigating towards cleaner energy navigates energy transition challenges address energy transition challenges |
| gptkbp:enforces |
affects member countries
imposed during oil embargo |
| gptkbp:environmental_concerns |
shapes energy policy
shapes global energy policy discussions influences global energy policy |
| gptkbp:environmental_impact |
Sustainability challenges
Oil production and climate change |
| gptkbp:established |
gptkb:Baghdad_Conference
|
| gptkbp:established_in |
gptkb:Baghdad_Conference
|
| gptkbp:former_member |
gptkb:5
|
| gptkbp:founded |
gptkb:1960
September 14, 1960 |
| gptkbp:founded_by |
five founding countries
|
| gptkbp:founder |
gptkb:Iran
gptkb:Kuwait gptkb:Saudi_Arabia gptkb:Venezuela gptkb:Iraq Iran, Iraq, Kuwait, Saudi Arabia, Venezuela |
| gptkbp:fuel_capacity |
member countries
approximately 40% of global oil production approximately 80% of proven oil reserves over 80% of the world's proven oil reserves supports oil field development over 40% of global oil production |
| gptkbp:full_name |
gptkb:Organization_of_the_Petroleum_Exporting_Countries
|
| gptkbp:future_goals |
adapt to renewable energy trends
|
| gptkbp:future_prospects |
future of oil and energy markets
|
| gptkbp:global_energy_demand |
responds to changing energy demands
|
| gptkbp:global_energy_market |
influences the global energy market
|
| gptkbp:global_energy_security |
contributes to
|
| gptkbp:governance |
gptkb:Secretariat
gptkb:OPEC_Secretariat gptkb:Board_of_Supervisors gptkb:conference OPEC Conference |
| gptkbp:governed_by |
OPEC Conference
|
| gptkbp:has_a_website |
www.opec.org
|
| gptkbp:has_advisory_board |
energy policies
|
| gptkbp:has_conflict_with |
manages oil supply during crises
|
| gptkbp:has_impact_on |
gptkb:energy_policy
environmental policies climate change policies energy security global economy transportation costs supply and demand global economic growth energy consumption patterns energy transition strategies global energy policies renewable energy investments supply chain disruptions fossil fuel subsidies technological advancements in oil extraction geopolitical relations oil production quotas oil price stability oil supply chain oil demand forecasting oil export revenues oil trade agreements oil reserves management oil market volatility oil price forecasting investment in oil exploration consumer energy prices economic stability of member countries employment in oil sector energy policies globally environmental policies related to fossil fuels geopolitical strategies of member countries international relations in energy sector market share of oil companies oil refining capacity trade balances of member countries |
| gptkbp:has_influence_on |
energy prices
|
| gptkbp:has_meetings |
biannual meetings
|
| gptkbp:has_member |
OPEC+.
|
| gptkbp:has_publications |
Monthly Oil Market Report
World Oil Outlook |
| gptkbp:has_relationship_with |
gptkb:G20
gptkb:International_Energy_Agency gptkb:International_Monetary_Fund gptkb:World_Bank |
| gptkbp:has_research_center |
gptkb:OPEC_Secretariat
|
| gptkbp:has_role |
gptkb:energy_transition
gptkb:sustainable_development market stability climate change discussions |
| gptkbp:head_of_state |
every two years
OPEC Summit |
| gptkbp:headquartered_in |
gptkb:Vienna
|
| gptkbp:headquarters |
gptkb:Vienna
gptkb:Vienna,_Austria |
| gptkbp:historical_achievement |
formation of OPEC Fund for International Development
|
| gptkbp:historical_event |
gptkb:1973_oil_crisis
gptkb:2008_financial_crisis COVID-19 pandemic impact shaped global politics 1980s oil glut COVID-19 pandemic impact on oil demand involved in oil embargoes |
| gptkbp:historical_significance |
oil embargo of 1973
shaped global energy policies influence on the Gulf War formation of OPEC+ in 2016 impact on global energy policies role in the 1980s oil glut shaped global energy landscape major player in oil industry formed in response to oil crises |
| https://www.w3.org/2000/01/rdf-schema#label |
OPEC
|
| gptkbp:impact |
Global oil prices
global oil prices energy security energy markets oil market stability oil production levels energy policies worldwide Oil production levels Energy policies of member countries economic stability of member countries member countries' economies |
| gptkbp:influence |
global oil prices
oil production levels |
| gptkbp:influences |
oil prices
|
| gptkbp:international_relations |
affects international relations
|
| gptkbp:is_criticized_for |
environmental impact
market manipulation oil dependency |
| gptkbp:is_influential_in |
Middle Eastern economies
|
| gptkbp:is_involved_in |
gptkb:oil_and_gas_industry
market analysis public awareness campaigns sustainability initiatives energy security investment strategies trade negotiations climate change discussions energy transition discussions energy policy advocacy supply management collaborations with academic institutions technological advancements in oil extraction research and development in energy price stabilization efforts research on alternative energy sources oil demand forecasting oil production agreements oil price forecasting oil supply forecasting |
| gptkbp:is_part_of |
global oil market
|
| gptkbp:is_recognized_as |
a major player in global energy markets
|
| gptkbp:is_recognized_by |
gptkb:United_Nations
|
| gptkbp:is_subject_to |
international regulations
|
| gptkbp:is_supported_by |
oil-exporting nations
|
| gptkbp:issues_reports_on |
oil market reports
|
| gptkbp:manager |
gptkb:Haitham_Al_Ghais
|
| gptkbp:market |
conducts market analysis
|
| gptkbp:market_forecasts |
provides market outlooks
|
| gptkbp:member_country_economies |
diverse economic structures
|
| gptkbp:members |
gptkb:Congo
gptkb:13 gptkb:Algeria gptkb:Angola gptkb:Bahrain gptkb:Iran gptkb:Kazakhstan gptkb:Kuwait gptkb:Mexico gptkb:Nigeria gptkb:Russia gptkb:Saudi_Arabia gptkb:Sudan gptkb:UAE gptkb:United_Arab_Emirates gptkb:Venezuela gptkb:Azerbaijan gptkb:Brunei gptkb:Iraq gptkb:Libya gptkb:Oman gptkb:Gabon gptkb:South_Sudan gptkb:Congo_Free_State gptkb:Sao_Tome_and_Principe gptkb:Equatorial_Guinea |
| gptkbp:notable_leader |
notable secretaries-general
|
| gptkbp:notable_rider |
provides administrative support
|
| gptkbp:objective |
coordinate and unify petroleum policies
|
| gptkbp:official_language |
gptkb:French
gptkb:Arabic English |
| gptkbp:official_website |
www.opec.org
|
| gptkbp:oil_consumption_trends |
analyzes oil consumption trends
|
| gptkbp:oil_crisis |
gptkb:1973_oil_crisis
|
| gptkbp:oil_demand |
monitors global oil demand
monitor global oil demand trends |
| gptkbp:oil_demand_forecasting |
provides forecasts
|
| gptkbp:oil_embargo |
gptkb:1973
|
| gptkbp:oil_export |
promotes oil export
|
| gptkbp:oil_export_revenue |
critical for member economies
|
| gptkbp:oil_exporting_countries |
represents major oil-exporting countries
|
| gptkbp:oil_industry |
plays a key role in the oil industry
|
| gptkbp:oil_industry_regulations |
influences regulations
|
| gptkbp:oil_infrastructure |
invests in oil infrastructure
|
| gptkbp:oil_investment |
encourages oil investment
|
| gptkbp:oil_market_forecasts |
provides oil market forecasts
provides forecasts |
| gptkbp:oil_market_influence |
gptkb:significant
|
| gptkbp:oil_market_stability |
aims to ensure
aims to stabilize oil markets aim to stabilize oil markets |
| gptkbp:oil_price_control |
attempt to control oil prices
|
| gptkbp:oil_price_monitoring |
monitors oil prices
|
| gptkbp:oil_price_stability |
strives for
|
| gptkbp:oil_price_stabilization |
aims for stability
|
| gptkbp:oil_price_volatility |
mitigates
manages price fluctuations manages oil price volatility addresses oil price volatility |
| gptkbp:oil_production_agreements |
negotiates agreements
negotiates production cuts or increases |
| gptkbp:oil_production_control |
yes
|
| gptkbp:oil_production_quota |
set by members
sets production quotas |
| gptkbp:oil_production_share |
about 40% of global production
|
| gptkbp:oil_production_strategies |
develops strategies
|
| gptkbp:oil_refining |
involved in oil refining processes
|
| gptkbp:oil_supply |
regulates oil supply
|
| gptkbp:oil_trade |
facilitates oil trade
|
| gptkbp:opec_fund_for_international_development |
established in 1976
|
| gptkbp:opec+ |
yes
collaboration with non-OPEC oil-producing countries coalition with non-OPEC countries |
| gptkbp:opecfund |
gptkb:OPEC_Fund_for_International_Development
|
| gptkbp:participating_nations |
gptkb:12
gptkb:13 gptkb:Kazakhstan gptkb:Mexico gptkb:Russia gptkb:Azerbaijan gptkb:Oman vary in production capacity Countries with observer status works with member countries 13 member countries as of 2023 |
| gptkbp:president |
gptkb:Haitham_Al_Ghais
Abdul Rahman Al-Bazzaz |
| gptkbp:produces |
gptkb:oil
|
| gptkbp:promotes |
gptkb:oil_and_gas_industry
|
| gptkbp:public_perception |
varies by region
varies globally |
| gptkbp:publications |
Annual Statistical Bulletin
OPEC Annual Report Monthly Oil Market Report World Oil Outlook |
| gptkbp:purpose |
coordinate and unify petroleum policies
Coordinate and unify petroleum policies Stabilize oil markets |
| gptkbp:quota_system |
production quotas for member countries
|
| gptkbp:research_and_data |
provides oil market research and data
|
| gptkbp:research_and_development |
supports energy research
|
| gptkbp:research_and_statistics |
publishes annual reports
provides research and statistics |
| gptkbp:revenue |
hundreds of billions USD
|
| gptkbp:security |
promote energy security
promotes energy security |
| gptkbp:sets_production_quotas |
member countries
|
| gptkbp:strategic_goals |
influence global energy security
|
| gptkbp:strategic_importance |
major influence on global economy
|
| gptkbp:supply_chain |
yes
manages oil supply controls oil supply levels influences supply chains manage oil supply |
| gptkbp:supply_disruptions |
manages supply disruptions
|
| gptkbp:sustainability |
focus on sustainable development
addresses sustainability issues |
| gptkbp:sustainability_efforts |
increasing focus
|
| gptkbp:sustainability_initiatives |
promotes sustainable energy practices
|
| gptkbp:trade_goods |
negotiates trade agreements
|
| gptkbp:type |
gptkb:organized_crime
|
| gptkbp:website |
www.opec.org
|
| gptkbp:bfsParent |
gptkb:Algeria
gptkb:King_of_England gptkb:Kuwait gptkb:Nigeria gptkb:Saudi_Arabia gptkb:Iraq gptkb:Venezuelan_government gptkb:Nicolás_Maduro gptkb:Muammar_Gaddafi |
| gptkbp:bfsLayer |
4
|