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10 unusual facts about OPEC


Fasaud

Secretive, but very influential, Fasaud had sufficient international clout to influence organizations such as OPEC.

Helmi Johannes

As television reporter Helmi Johannes had covered the OPEC Meeting in Paris, France in 1991, the 1992 UN Earth Summit in Rio de Janeiro, Brazil, the Non-Aligned Movement Summit in Jakarta (1992) and the 1994 APEC Summit in Bogor, Indonesia.

Michael Westen

He served for 15 years, working in Europe and the OPEC nations as a covert operative who did freelance work for the CIA.

OPEC

On 21 December 1975, Ahmed Zaki Yamani and the other oil ministers of the members of OPEC were taken hostage by a six-person team led by terrorist Carlos the Jackal (which included Gabriele Kröcher-Tiedemann and Hans-Joachim Klein), in Vienna, Austria, where the ministers were attending a meeting at the OPEC headquarters.

In the years following the OPEC raid, Bassam Abu Sharif and Klein claimed that Carlos had received a large sum of money in exchange for the safe release of the Arab hostages and had kept it for his personal use.

Organizations of the Dune universe

In a 1980 article, Herbert equated CHOAM with OPEC, the real-world intergovernmental organization which is a major power in the petroleum industry.

Paul del Rio

The Venezuelan Juan Pablo Pérez Alfonso was the founder of OPEC, an idea he conceived while exiled in the United States during his review of the Texas Railroad Commission.

Scott McQuade

Scott McQuade was previously an editor and speechwriter for OPEC, a journalist, and a communication and investor relations consultant.

Sweeney!

One of the leading members of the government, Charles Baker (Ian Bannen), is about to secure a huge deal with OPEC stabilising the world oil market and boosting Britain's position within it.

Wanda Jablonski

She is credited with arranging the 1959 meeting of oil ministers Abdullah Tariki, Juan Pablo Pérez Alfonso, and others to sign the "Gentleman’s Agreement," a precursor of OPEC.


Similar

OPEC | OPEC siege |

Gas Exporting Countries Forum

In May 2006 Gazprom deputy chairman Alexander Medvedev threatened that Russia would create "an alliance of gas suppliers that will be more influential than OPEC" if Russia did not get its way in energy negotiations with Europe.

International Energy Forum

It is unique in that participants not only include IEA and OPEC countries, but also key international actors such as Brazil, China, India, Mexico, Russia, and South Africa.

Jamshid Amouzegar

On 21 December 1975 he was taken hostage by the Venezuelan terrorist Carlos the Jackal during an OPEC meeting.

Juan Pablo Pérez Alfonso

His extensive notes of the TRC methods for regulation of production to maximise recovery served him well both in Venezuela and later when he took them translated into Arabic to the Cairo meeting that served as launching platform for OPEC and where Wanda Jablonski introduced him to then minister of petroleum of Saudi Arabia, Abdullah Tariki, co-founder of OPEC.

Khalid Hasan

He resigned in protest when the Bhutto government was overthrown by Gen. Zia-ul-Haq and worked in London with the Third World Foundation and the Third World Media before leaving to join the newly established OPEC News Agency (OPECNA) in Vienna, Austria, where he stayed for 10 years.

Maryam Nemazee

She has interviewed some of the world's top political and business leaders, including: the former Chairman of the Federal Reserve Paul Volcker, OPEC Secretary-General Abdallah Salem el-Badri, and IMF Managing Director Christine Lagarde.

Megacorpstate

Inspired by Alfred Eichner’s term "megacorp" (Eichner, 1976), J. Barkley Rosser, Jr. introduced the term in 1981 to describe the combination of the leading multinational oil corporations and the Organization of Petroleum Exporting Countries (OPEC) in 1973 that engineered a substantial increase in world oil prices.

Trading nation

Fossil fuel exporters, such the OPEC countries, are an important and influential, sub-set of the commodity exporters group.

Windfall: The Oil Crisis Game

Based upon queuing theory and released after the 1979 energy crisis, the game puts the player in the role of chief executive of Engulf Oil, setting gas prices and worker salaries, monitoring gas station lines, scheduling oil tanker arrivals, and negotiating oil prices with OPEC countries in a race against the clock to maximize profits.