Word: yamani
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Dates: during 1980-1989
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...Excellency Ahmed Zaki Yamani, a Harvard Law School alumnus, will speak on the future of the oil industry on September 4 at the Energy and Environmental Policy-Center-sponsored event, one of a series of K-School festivities slated to coincide with Harvard's 350th celebration...
...were looking for the person who has had the most impact on the oil industry in the last 15 years and may most affect it in the future," said Henry Lee, the center's executive director. "And there is one name that comes readily to mind-and that is Yamani...
...Sheik Yamani is Saudi Arabia's representative to the Organization of Petroleum Exporting Countries (OPEC), a cartel of oil-rich nations currently experiencing severe problems in the glutted market. The Saudis, largely viewed as the leader of OPEC, are the largest petroleum producers in the world...
Even though the Saudis stayed inside their OPEC quota of 4.3 million bbl. a day, they could not help creating a huge surplus that angered many of their colleagues in OPEC, notably, the Libyans, Algerians and Iranians. Yamani, defending his country's action, has blamed non-OPEC producer Britain for contributing to the glut and has called on London to cut output. Britain stoutly refuses...
Indonesian Energy Minister Subroto gamely tried to work out a compromise plan to cut production, but several delegates refused to budge. "Not one barrel," said Venezuelan Oil Minister Arturo Hernandez Grisanti, who is currently OPEC's chairman. Even as Saudi Arabia's Yamani was calling for other countries to cut back, he was at work in his Geneva hotel room lining up a large order for new oil deliveries, according to Kenneth Miller, executive editor of Petroleum Intelligence Weekly...