Organization of the Petroleum Exporting Countries (OPEC) | Current Affairs | Vision IAS
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Posted 19 Feb 2025

8 min read

Organization of the Petroleum Exporting Countries (OPEC)

Recently, Brazil approved entry into OPEC+.

About OPEC

  • It is a permanent intergovernmental organization of 12 oil-exporting developing nations.
    • India is not a member.
  • Genesis: It was created at the Baghdad Conference in 1960, by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela.
  • Objective: To co-ordinate and unify petroleum policies among Member Countries, in order to secure fair and stable prices for petroleum producers.
  • HQ: Vienna (Austria)
  • OPEC+: In response to falling oil prices driven by significant increase in U.S. shale oil output, OPEC signed an agreement with 10 other oil-producing countries in 2016 to create OPEC+.
  • Tags :
  • OPEC+
  • Organization of the Petroleum Exporting Countries (OPEC)

United Nations Human Settlements Programme (UN-Habitat)

C40 Cities & UN-Habitat have announced a landmark partnership to transform urban planning. 

  • It will launch an Urban Planning Accelerator to cut city emissions by 25% by 2050 while promoting safer, fairer, & inclusive urban spaces.

About UN Habitat

  • Launch: 1978
  • Mission: To promote socially & environmentally sustainable towns and cities, ensuring adequate shelter for all.
  • Role: Through initiatives like New Urban Agenda, it seeks to make cities inclusive, safe, resilient, & sustainable.

About C40

  • C40 is a global network of nearly 100 mayors of world’s leading cities that are united in action to confront climate crisis.
  • Tags :
  • UN-HABITAT
  • C40

Agricultural and Processed Food Products Export Development Authority (APEDA)

APEDA organized participation of Indian exporters at BIOFACH 2025 held in Germany.

  • BIOFACH is world's leading trade fair for organic food.

About APEDA

  • Ministry: Apex body for agricultural export promotion in India under Ministry of Commerce and Industry
  • Statutory body: Established under Agricultural and Processed Food Products Export Development Authority Act,1985.
  • Functions:
    • Development of industries relating to the scheduled products for export by way of providing financial assistance..
    • Carrying out inspection of meat and meat products in slaughter houses, processing plants, storage premises.
    • Functions as Secretariat to National Accreditation Board (NAB) for implementation of accreditation of Certification Bodies under National Programme for Organic Production (NPOP) for organic exports.
  • Tags :
  • APEDA
  • Organic Farming
  • BIOFACH 2025

Port of Call

Indian Naval Sailing Vessel (INSV) Tarini entered Port Stanley-the port of call as a part of Navika Sagar Parikrama II.

  • Located on East Falkland, Port Stanley is the capital of the Falkland Islands. 

 About Port of Call

  • It is an intermediate port where ships customarily stop for supplies, repairs, or transshipment of cargo.
  • Ex- Aden, Honolulu and Singapore, etc.
  • Tags :
  • Port of Call
  • Port Stanley

PLI Scheme for National Programme on Advanced Chemistry Cell (ACC) Battery Storage

Ministry of Heavy Industries signed an Agreement with Reliance New Energy Battery Limited under Production Linked Incentive (PLI) Scheme for ACC.

  • ACC refers to new generation advanced storage technologies with much higher energy densities (both volumetric and gravimetric) than conventional ones 

About Advanced Chemistry Cell (ACC) Scheme

  • Launch:  Approved by the Union Cabinet in 2021.
  • Objective: Enhance India’s manufacturing capabilities of ACC by setting up of Giga scale ACC and battery manufacturing facilities in India with emphasis on maximum domestic value addition.
  • Target: Beneficiary firm has to ensure achieving a domestic value addition of at-least 25% and raise it to 60% within 5 Years 
    • While also making the mandatory investment of Rupee 225 crore /GWh for committed capacity within 2 Years.
  • Tags :
  • PLI Scheme
  • Advanced Chemistry Cell (ACC) Scheme

Distributed Denial-of-Service (DDoS)

Distributed Denial-of-Service (DDoS) has attacked Karnataka’s Kaveri 2.0 portal.

About DDos Attack

  • It is an attempt to overload a website or network, with the aim of degrading its performance or even making it completely inaccessible.
  • These are part of the broader category, denial-of-service attacks (DoS attacks), which includes all cyberattacks that slow or stop applications or network services.
  • DDoS attacks are unique in that they send attack traffic from multiple sources at once.
  • DDoS attackers often leverage the use of a botnet (a group of hijacked internet-connected devices). 
  • Tags :
  • Cyber Security
  • Cyberattack
  • DDoS

Bacterial cellulose

A study published in Science Advances reveals Bacterial Cellulose acts as a 'Band-Aid' for Plant healing.

About Bacterial Cellulose

  • It is a natural polymer produced by certain types of bacteria.
  • It has a unique structure with high purity, strength, and water-holding capacity.
  • Application: Medicine (Wound dressing etc.), food (Packaging, Preservation etc.), cosmetics, agriculture etc. 

About Cellulose: 

  • Cellulose is the most abundant extracellular structural polysaccharide in plants and most abundant biomolecule in the biosphere.
    • Humans cannot digest cellulose due to absence of enzyme cellulase. Cattle and termites can digest cellulose through symbiotic microorganisms in their gut that secrete cellulase.
  • Tags :
  • Bacteria Cellulose
  • Cellulose
  • Natural Polymer

Solar Coronal Holes

A new study estimates the physical parameters of thermal & magnetic field structures of solar coronal holes.

About Solar Coronal Holes:

  • Coronal holes appear as dark areas in the solar corona in extreme ultraviolet (EUV) & soft x-ray solar images. 
  • They appear dark because they are cooler, less dense regions than the surrounding plasma. 
  • These are regions of open, unipolar magnetic fields allowing high-speed solar wind to escape into space.
  • Coronal holes can develop at any time and location on the Sun.
  • Tags :
  • Sun
  • Solar Coronal Holes
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