Energy is essential to the way we live. Whether it is in the form of oil, gasoline or electricity, the worlds' prosperity and welfare depends on having access to reliable and secure supplies of energy at affordable prices. Improving how we acquire, produce, and consume energy is central to becoming economically and environmentally responsible and sustainable.
Wednesday, April 23, 2008
Int'l energy forum voices concern over oil price hike
ROME, April 22 (Xinhua) -- Delegates at the International Energy Forum (IEF) expressed concern on Tuesday over the recent oil price hike, and called for dialogue between oil consuming and producing countries in a bid to cope with the situation.
At the 11th IEF, a two-day meeting which concluded here Tuesday, oil ministers from the Organization of Petroleum Exporting Countries (OPEC) and other oil-rich nations, as well as heads of the world's major oil companies, said oil prices should be maintained at a level acceptable to both producers and consumers in order to ensure global economic growth.
A declaration issued after the meeting called on oil producers and consumers to intensify talks to better address the common challenges of high oil prices, supply security, the environment and sustainable development of energy. More >>>
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