OPEC

The Organisation of Petroleum Exporting Countries on Wednesday raised Nigeria’s crude oil production quota for September 2022 to 1.83 million barrels per day, as Brent, the global benchmark for crude, dropped in price the same day. …
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Mohamed Oun Libya boosted oil production to more than 1 million barrels a day, a milestone for the North African country where output had more than halved since mid-April. The OPEC member, home to Africa’s largest crude reserves,…
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The Organization of the Petroleum Exporting Countries (OPEC) and Iraq's Ministry of Oil, have today in Baghdad, launched a history book titled ‘OPEC 60 years and beyond: A story of courage, cooperation and commitment’. The launch…
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…Unveils OPEC at 60 book OPEC Secretary General, HE Mohammad Sanusi Barkindo, participated in the Sixth edition of Iraq Energy Forum in Baghdad, Iraq. The event is planned for 18 to 20 June 2022 under the theme “Global Energy…
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The Organisation of Petroleum Exporting Countries, OPEC has maintained its forecast that world oil demand will exceed pre-pandemic levels in 2022. The group however notes that Russia’s invasion of Ukraine and developments around…
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OPEC Secretary General, HE Mohammad Sanusi Barkindo, participated in a symposium organized by the University of Dundee and the Centre for Energy, Petroleum, Mineral Law and Policy (CEPMLP), together with White & Case LLP, in…
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Nigeria has lost its status as Africa’s top oil producer to Angola as Africa’s biggest economy saw its output decline the most in May among its peers in the Organization of the Petroleum Exporting Countries (OPEC). OPEC’s monthly…
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Crude oil rally does not look to slow anytime soon as Brent crude sold $123 on average a barrel Tuesday and market conditions are forcing analysts to predict that the trend may slip into 2023, a development that does not bode well for…
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HE Kyriakos Mitsotakis, Prime Minister of Greece with Mohammad Sanusi Barkindo in Athens, Greece, today By Saidu Abubakar Supply chains have struggled to adjust to the realities of the COVID-19 pandemic, Secretary General of the…
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