By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has put Nigeria’s oil rig count, a major index of measuring activities in the upstream sector at 11 in September 2021. It its just-released October Monthly Oil Market Report, MOMR, OPEC maintained that the nation’s rig count was also 11 in the previous month of […]
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By Mohammad Sanusi Barkindo It is a great pleasure to welcome you all to this first-ever Technical Workshop with Energy Companies, which is being held today as a videoconference. We are pleased to welcome national oil company representatives from both OPEC Member Countries, as well as non-OPEC countries participating in the Charter of Cooperation, in
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OPEC daily basket price stood at $82.53 a barrel Monday, 11 October 2021, compared with $81.54 the previous Friday.
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By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has tasked members and observers of G24 on oil market stability. In his verbal statement at the G-24 Ministerial Meeting, the Secretary General, OPEC, HE Mohammad barkindo, stated: “The global economy and, consequently, the global oil market have made considerable progress recovering from the impacts
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Nigeria to produce 1.649 mb/d as OPEC releases new oil quota for members, Non-members By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has released its new production quota for its members and non-members. Under the new quota released at the end of the 21st OPEC and non-OPEC Ministerial Meeting, held via videoconference, on
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OPEC daily basket price stood at $76.36 a barrel Friday, 1 October 2021, compared with $77.72 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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OPEC Hinges Attainment of Global 6.9mbpd Refining Capacity Addition on Dangote Refinery Dangote’s 650,000 barrels per day (BPD) oil refinery project has been identified as one of the oil distillation companies that would boost global refining capacity by 6.9 million barrels per day between 2021 and 2026. The Organisation of the Petroleum Exporting Countries (OPEC),
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OPEC launches its 2021 Annual Statistical Bulletin Vienna, Austria The Organization of the Petroleum Exporting Countries (OPEC) today launched the 2021 edition of its Annual Statistical Bulletin (ASB), via videoconference. The launch was attended by HE Mohammad Sanusi Barkindo, OPEC Secretary-General; Professor Thomas Lindner of the Executive Academy at the Vienna University of Economics and
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Latest data show that total OECD oil stocks fell further by 20 mb month-on-month in August By Mohammad Sanusi Barkindo Welcome to the 55th Meeting of the Joint Technical Committee (JTC). I thank our Chairman and Co-Chairman for your skilful leadership of these meetings, and all the delegates for your important contributions to the Declaration
OPEC to launch the 2021 Annual Statistical Bulletin The Organisation of Oil Exporting Countries, OPEC, has concluded plans to launch its 2021 Annual Statistical Bulletin (ASB) on Thursday, 30 September 2021, at 14:00 (CEST) via videoconference. OPEC Secretary-General, HE Mohammad Sanusi Barkindo, will present the publication’s major highlights, as well as the new additions and
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