OPEC Archives - Page 8 of 9

1st September 2020

OPEC to Discuss Blue Hydrogen, Digitalisation and Cybersecurity and Blockchain Technology

The Organisation of Petroleum Exporting Countries (OPEC) announced that it will be exploring the future of blue hydrogen, digitalisation in the energy sector and cybersecurity and blockchain technology in its...

21st August 2020

Report of the 21st Joint Ministerial Monitoring Committee of OPEC’s Meeting

The 21st Meeting of the OPEC Joint Ministerial Monitoring Committee (JMMC) took place on Wednesday, 19 August 2020. The videoconference was chaired by Saudi Arabia's Minister of Energy, His Royal...

20th August 2020

Gabonese Government Cancels Sogara Refinery and GOC Merger

The Government of Gabon has reportedly ended the merger project between the Gabonese Refining company (Sogara) and the National Hydrocarbons Company, the Gabon Oil Company (GOC). The decision of a...

14th August 2020

OPEC Releases Monthly Oil Market Report for August 2020

The Organisation of Petroleum Exporting Countries (OPEC) has published its Monthly Oil Market Report for August 2020. In the latest edition, it indicated that the OPEC Reference Basket (ORB) averaged...

5th August 2020

Oil Prices Rise Above $45/barrel For The First Time Since March

The price of Brent rose to a five-month high above $45 a barrel. This comes after a United States industry data showed a decline in the nation's stockpiles. This also...

27th July 2020

Nigeria/Saudi Arabia: Petroleum Ministers Discuss the Global Oil Market

The Minister of Petroleum of Nigeria, His Excellency Timipre Sylva and the Minister of Energy of the Kingdom of Saudi Arabia, His Royal Highness Prince Abdulaziz Bin Salman had a...

27th July 2020

Barkindo Praises the U.S, other Countries for Aiding Global Oil Market Recovery

The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Dr Mohammad Barkindo, applauded the role of world political leaders in aiding the recovery of the global oil market. For...

16th July 2020

AFRICAN OPEC MEMBER COUNTRIES OIL & GAS FIGURES FOR 2019

According to the 2020 OPEC Annual Statistical Bulletin, these are the Petroleum facts and figures for the African member countries for 2019. Kindly note that crude oil exports may include...

15th July 2020

OPEC Releases its Annual Statistical Bulletin for 2020

The 55th Annual Statistical Bulletin (ASB) of the Organisation of Petroleum Exporting Countries (OPEC) which highlights accurate data on the global oil and gas industry annually has been released. It...

6th July 2020

Nigeria Complies to OPEC+ Production cut for June

It was reported at the virtual 19th Joint Ministerial Monitoring Committee (JMMC) that held last month, that the Committee asked laggards in the first month of the OPEC deal to...