In addition, the IACUC requires certain monitoring and record-keeping for animals that experience. severe or prolonged pain or impairment as a result of a study procedure which is not specifically covered. by an established policy.
In November 2014, the International Energy Agency (IEA) estimated that OPEC's effective spare capacity, adjusted for ongoing disruptions in countries like Libya and Nigeria, was 3.5 million barrels per day (560,000 m 3 /d) and that this number would increase to a peak in 2017 of 4.6 million barrels per day (730,000 m 3 /d).
Brief History of OPEC. OPECâs formation by five oil-producing developing countries in Baghdad in September 1960 occurred at a time of transition in the international economic and political landscape, with extensive decolonisation and the birth of many new independent states in the developing world.