Tag: OPEC

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OPEC Boosts Oil Production by 0.4 million barrels per day in October

On September 1, 2021, the virtual 20th OPEC and non-OPEC Ministerial Meeting (ONOMM) came to an end. Although the consequences of the COVID-19 pandemic continue to throw some doubt, market...
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Congo: OPEC SG Visits APPO Headquarters; Dr Rilwanu’s Research Centre

During his official 3-day visit to the Republic of Congo, the Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), alongside the Minister of Hydrocarbons of the Republic of Congo,...
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OPEC Secretary-General Visits Congo’s National Oil Company (SNPC)

During his three-day official visit to the Republic of Congo, the Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Mohammad Sanusi Barkindo, alongside the Minister of Hydrocarbons of the...
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OPEC to Make Historic Visit to Congo Next Week

The Secretary-General of the Organisation of Petroleum Exporting Countries, Mohammed Sanusi Barkindo, will lead a delegation from OPEC to the Congo for a three-day working visit from August 23-25, 2021,...
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OPEC Congratulates President Buhari on PIB Signing

The Secretary-General of the Organisation of Petroleum Exporting Countries, Mohammad Sanusi Barkindo, has congratulated the President of Nigeria, Muhammadu Buhari, on signing the Petroleum Industry Bill (PIB) into law. In...
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Nigeria’s Oil Output Dropped by 11.47% YoY in Q2’21

Nigeria produced 1.343 million barrels per day in the second quarter of 2021, according to the Organisation of Petroleum Exporting Countries' Monthly Oil Market Report (MOMR), compared to 1.517 mb/d...
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OPEC+ Agreed to Boost Oil Supply by 400,000 Barrels Per Day

The Organization of Petroleum Exporting Countries (OPEC) and its allies decided to increase world oil output by 400,000 barrels per day in a statement issued at the end of the...
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UAE Agrees to Saudi Arabia Output Proposal; Resolves with OPEC

According to World Oil, an anonymous OPEC delegate revealed that the UAE has settled its impasse with OPEC+ and achieved a compromise arrangement that will grant it a new output...
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Barkindo Warns Oil-Producing Nations Against Ignoring Oil and Gas in Pursuit of a Net-Zero-Carbon-Emissions Goal

The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Mohammed Sanusi Barkindo, spoke at the opening ceremony of the Nigerian Oil and Gas (NOG) conference in Abuja earlier this...
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First OPEC – Africa Energy Dialogue Holds

In collaboration with the African Energy Commission (AFREC), the African Petroleum Producers' Organisation (APPO) and African Refiners and Distributors Association (ARDA), the Organisation of Petroleum Exporting Countries (OPEC) hosted its...
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