OPEC

The Organisation of Petroleum Exporting Countries, OPEC, Non-OPEC members, Monday, canvassed support, targeted at tackling climate change in developing nations. This was one of the resolutions taken at the first Ministerial…
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OPEC Secretariat will host the ‘First Ministerial Roundtable on Energy, Climate and Sustainable Development’ on Monday, 6 September 2021, via videoconference. The roundtable will be held under the framework of the ‘Charter of…
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Ahead a critical Opec conference, Iraq's finance minister, Ali Abdul-Amir Allawi one of the founding members of the global oil cartel Opec, has issued an unusual plea to fellow oil producers to shift away from fossil fuel reliance and…
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*Expresses confidence on PIA By Teddy Nwanunobi The Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), Dr. Mohammad Sanusi Barkindo, has endorsed the Valuechain oil and gas magazine, recommending…
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*Visits Congo’s national oil company By Teddy Nwanunobi In continuation with his mission to the Republic of the Congo, the Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Dr. Mohammad Barkindo, was,…
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Oil prices rose more than 5% on Monday, recovering from a seven-day losing streak due to a weaker dollar and strength in global equities markets. "Although the oil complex has generally been able to shrug off strength in the stock…
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By Teddy Nwanunobi The Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), HE Mohammad Sanusi Barkindo, on Monday, began his mission to the Republic of the Congo by holding a bilateral meeting with…
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…marking OPEC’s first historic state visit to a regional oil giant With a view to driving growth and development in the energy sector, the Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), His…
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The OPEC+ group saw its overall compliance with the production cuts at 109 percent in July, down from 113 percent in June, Argus reported on Thursday, citing an internal report meant for the Joint Technical Committee (JTC) of the…
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Crude oil prices have dropped for the sixth consecutive day — longest losing streak since February 2020 — amid spike in fresh COVID-19 cases globally. Brent, the global oil benchmark, fell by 2.14 percent to $66.09, on Thursday…
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