OPEC

Angola’s Minister of Mineral Resources and Petroleum and President of the OPEC Conference, HE Dr Diamantino Pedro Azevedo,has stated that global primary energy demand is expected to increase by 28% by 2045. He said this at the 182nd Meeting of the OPEC Conference via videoconference. Full text of the address: Your Royal Highness, esteemed colleagues, […]

The Organization of the Petroleum Exporting Countries (OPEC) today marks the 5th anniversary of the historic ‘Vienna Agreement’ reached at the 171st Meeting of the OPEC Conference held on 30 November 2016 in Vienna, Austria. The milestone meeting built on the successful ‘Algiers Accord’, reached in Algiers, Algeria, on 28 September 2016 at the 170th

The 22nd OPEC and non-OPEC Ministerial Meeting, held via videoconference, has ended with a call on stakeholders to collaborate in order to assist in stabilizing the global oil market. Specifically, “the meeting reaffirmed the continued commitment of the Participating Countries in the Declaration of Cooperation (DoC) to ensure a stable and a balanced oil market,