The United Nations’ Secretary-General condemned on Monday the continued violence targeting protestors in Sudan, following the 25 October military takeover. In his statement, António Guterres called upon the Sudanese security forces to exercise the utmost restraint and fulfil their obligations in relation to the rights to freedom of assembly and expression. Mr. Guterres also took […]
Africa’s call for a just and inclusive energy transition has been answered through the European Union’s landmark proposal to label natural gas as a ‘green’ energy source. Historically, Africa has always fought for sustainable development because we know, first-hand, the ravaging effects that even minute changes in climate can have on the continent and its
By Mohammad Sanusi Barkindo The dawning of a New Year is usually cause for hope and optimism for the twelve months ahead. In the case of 2022, this outlook correlates with a generally positive trajectory with regard to market fundamentals. While there are some uncertainties, particularly related to mutations of the coronavirus, there are signs
Following the formal conclusion of the 23rd OPEC and non-OPEC Ministerial Meeting (ONOMM) held via videoconference on Thursday December 2, 2021, and in view of current oil market fundamentals and the consensus on its outlook, the OPEC and participating non-OPEC oil-producing countries reaffirm the decision of the 10th OPEC and non-OPEC Ministerial meeting on 12th
Oil Market: 24th OPEC and non-OPEC Ministerial Meeting holds Read More »
A Special Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held via video conference on Monday, 3 January 2022, under the Chairmanship of its President, HE Bruno Jean-Richard Itoua, Congo’s Minister of Hydrocarbons and Head of its Delegation. In accordance with Article 28 of the OPEC Statute and in
Special Meeting of the OPEC Conference appoints next Secretary General Read More »
Special Representative of the Secretary-General, Mr Volker Perthes warmly congratulates the people of Sudan on the 66th anniversary of their independence. Today, as the country faces another hurdle following the recent coup on 25 October, the struggle of the Sudanese people for freedom and democracy continues. In the context of the current political crisis in
Parliament’s Presiding Officers wish to confirm the breakout of a fire on the Parliamentary precinct this morning. The cause of the fire has not yet been established and investigations are underway by the relevant authorities. The fire has affected both the Old Assembly Wing and the National Assembly Wing of the buildings of Parliament, which
Parliament on Fire Breakout at Precinct Read More »
OPEC daily basket price stood at $77.97 a barrel Friday, 31 December 2021, compared with $78.33 the previous day https://www.opec.org/opec_web/en/press_room/6758.htm
OPEC daily basket price Read More »
…Expresses concern over worrisome changes to 2022 budget by NASS; to submit Amendment Bill early 2022. In keeping with the tradition of restoring a predictable January to December fiscal year, as provided for in the Constitution of the Federal Republic of Nigeria, President Muhammadu Buhari Friday in Abuja signed into law the 2022 Appropriation Bill
Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “direct the Attorney General of the Federation and Minister of Justice Mr Abubakar Malami, SAN and appropriate anti-corruption agencies to promptly and thoroughly investigate allegations of systemic mismanagement of security votes by state governors since 1999.” SERAP said: “Anyone suspected to be responsible
Insecurity: Probe alleged misuse of security votes by govs, SERAP tells Buhari Read More »
