OPEC

OPEC daily basket price stood at $61.70 a barrel

Haitham Al Ghais takes office as OPEC Secretary General

By Eyo Nsima His Excellency Haitham Al Ghais of Kuwait has taken office as Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) at the Organization’s Secretariat in Vienna, Austria. HE Al Ghais was appointed by acclamation for a three-year term at the Special Meeting of the OPEC Conference held on 3 January […]

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OPEC daily basket price stood at $61.70 a barrel

OPEC dedicates Report to late Secretary General Barkindo

By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has dedicated its July 2022 Monthly Oil Market Report, MOMR, to the late Secretary General, Dr. Mohammad Barkindo. In a copy of the report obtained by The Daily, www.thedaily-ng.com, the organization maintained that, “We dedicate this issue of the OPEC Monthly Oil Market Report (MOMR)

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OPEC, Non-OPEC and Oil Market Stability

BARKINDO: The untimely death of outgoing Secretary General of OPEC is shocking — Dr Fawibe

By Eyo Nsima The Chairman, International Energy Services Limited, Dr. Diran Fawibe, has described the death of the outgoing Secretary General, Organisation of Petroleum Exporting Countries, OPEC, His Excellency Mohammad Barkindo as shocking. He said the Nigerian oil and gas industry, the Nigerian National Petroleum Corporation, NNPC Limited, the international petroleum industry and indeed OPEC

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The late Secretary General of OPEC has been buried in Yola, Nigeria

By Eyo Nsima The late Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Muhammad Barkindo, has been buried in Yola, Adamawa State, Nigeria. The burial was attended by the Adamawa Emirate paramount ruler, the Lamido Adamawa, Dr Muhammadu Barkindo Mustafa; FCT Minister Muhammad Musa Bello; Secretary to the Adamawa State Government (SSG), Malam

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OPEC plans First Ministerial Roundtable on Energy, Climate and Sustainable Development for oil-producing countries

Oil market: How instability in Iran, Venezuela, Libya hinder supply to market in Ukraine-Russian war era —OPEC By HE Mohammad Sanusi Barkindo

It is very refreshing, indeed a great pleasure to be back home and to join the NOG in person for the first time since the outset of the COVID-19 pandemic. Sharing this important platform with such a distinguished line-up of speakers, and seeing so many old friends, fellow comrades and familiar faces, is a special

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OPEC plans First Ministerial Roundtable on Energy, Climate and Sustainable Development for oil-producing countries

You’ve indeed been a worthy ambassador of our country, President Buhari tells Barkindo, outgoing OPEC Secretary-General

President Muhammadu Buhari Tuesday in Abuja expressed the nation’s gratitude to the outgoing Secretary-General of Organisation of Petroleum Exporting Countries (OPEC), Mohammed Barkindo, describing him as a worthy ambassador of the country. Receiving Barkindo at State House, the President said posterity will remember him kindly for making the nation and himself proud during his six

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OPEC daily basket price stood at $61.70 a barrel

BREAKING: Oil prices leap as OPEC+ begin meeting in Vienna, Austria

By Eyo Nsima The prices of crude oil has started to rise in the global market as the Organisation of Petroleum Exporting Countries, OPEC and its allies plan meeting. For instance, the price of Nigeria’s Bonny Light rose to $120 per barrel, from $118 per barrel, as it becomes apparent that the organisation and its

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OPEC Secretary General receives special decoration from host country Austria

OPEC Secretary General, HE Mohammad Sanusi Barkindo, received the Republic of Austria’s prestigious silver decoration today in acknowledgement of his achievements during his two terms as Secretary General. The honour was conferred by the Austrian President, Alexander Van der Bellen, for enhancing the bilateral ties between the Organization, its host country and the City of

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