OPEC

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 […]

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

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

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

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

The Organization of the Petroleum Exporting Countries (OPEC) and the Ministry of Oil of Iraq have launched a history book titled ‘OPEC 60 years and beyond: A story of courage, cooperation and commitment’ in Baghdad. The launch took place in the Al-Shaab Hall in the Bab Al-Muaatham district of the Iraqi capital – the site

…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.