OPEC

…Drops IEA By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has dropped the International Energy Agency, IEA, as its secondary source of oil production information. The organisation has also adopted Wood Mackenzie and Rystad Energy as its secondary sources. In a statement obtained by The Daily, https://thedaily-ng.com, OPEC, stated: “At the Extraordinary 183rd […]

By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has tasked Nigeria to produce 1.753 barrels per day, bpd, from May 2022. The output is part of measures taken at the end of the just-concluded OPEC and non-OPEC ministers, targeted at achieving stability in the global oil market.

OPEC SG, HE Dr Mohammad Sanusi Barkindo, with His Eminence , the Grand Imam of Al Azhar, Cairo , Dr Ahmed el- Tayyeb. The SG paid the Grand Iman a visit today in Cairo.

The Secretary-General of OPEC Mohammad Barkindo praised Egypt’s achievements in energy field over the years, during his bilateral meeting with the Egyptian Minister of Petroleum Tarek el-Molla on the sidelines of the EGYPS (Egypt Petroleum Show) 2022 exhibition and conference.. During the meeting, Barkindo also highlighted Egypt’s strategic location among oil-producing and consuming countries. Barkindo

OPEC Secretary General, HE Mohammad Sanusi Barkindo, has participated in the Egypt Petroleum Show (EGYPS) 2022, which is being held in Cairo.

OPEC Secretary General, HE Mohammad Sanusi Barkindo, today participated in the Egypt Petroleum Show (EGYPS) 2022, which is being held in Cairo between 14 and 16 February 2022. The Secretary General took part in a panel session hosted by as part of the EGYPS Strategic Conference after attending the event’s opening ceremony. He also had

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

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