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Tag: Organisation of Petroleum Exporting Countries (OPEC)

OPEC's new Secretary-General, Haitham Al-Ghais

Business

Al-Ghais assumes office as OPEC Secretary General

Al-Ghais succeeded the late OPEC Chief, Nigeria’s Mohammad Barkindo, who died on July 5.
Oil prices slide after OPEC+ hike

Business

Nigeria, 6 others drop in oil production – OPEC

It showed that total OPEC-13 crude oil production averaged 28.47 million barrels per day (mb/d) in May 2022, lower by…
OPEC's new Secretary-General, Haitham Al-Ghais

Business

OPEC appoints Haitham Al Ghais as secretary-general

Al-Ghais, a veteran of the Kuwait Petroleum Corporation (KPC), will take over from Mr Mohammad Barkindo, a former Group Managing…
OPEC Secretary -General Mohammad Barkindo

Business

OPEC postpones anniversary celebration

The Organisation of Petroleum Exporting Countries (OPEC) has postponed its 60th anniversary from second half of May till September, 2021.

World News

OPEC says global oil sector needs $12.6t investment

The Organisation of Petroleum Exporting Countries (OPEC) says the global oil sector needs about  US$ 12.6 trillion investment to enable…

News

OPEC commends Nigeria’s cut in oil production

The Joint Ministerial Monitoring Committee (JMMC) of the Organisation of Petroleum Exporting Countries (OPEC) has commended the progress made by…

News

OPEC: Nigeria, Iraq pledge to cut output to meet targets

Iraq’s and Nigeria’s oil ministers pledged on Thursday to reduce oil output to comply with their OPEC output targets.
OPEC Secretary-General, Mohammed Barkindo

News

OPEC seeks quick resolution of U.S., Iran, Venezuela conflicts

The Organisation of the Petroleum Exporting Countries (OPEC) has stressed the need for a quick resolution of the conflicts between…

News

Nigeria, Saudi Arabia strategise for OPEC

Nigeria and Saudi Arabia have met to strategise ahead of the Organisation of Petroleum Exporting Countries (OPEC) meeting in Vienna,…
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