NEWS
- OPEC daily basket price stood at $65.30 a barrel Friday, 20 September 2019 23 Sep 2019Vienna, Austria, 23 September 2019--The price of OPEC basket of fourteen crudes stood at $65.30 a barrel on Friday, compared with $64.39 the previous day, according to OPEC Secretariat calculations. (View Archives).
- Bill Gates tells FT divestment from fossil fuels is not the answer 19 Sep 2019In an interview published in the Financial Times on 17 September, Microsoft co-founder and prominent philanthropist Bill Gates says divestment from fossil fuels is not the solution to combatting climate change. Instead, he points to what he calls disruptive technologies and cutting-edge private sector energy companies as the most effective methods for reducing carbon emissions.
- Saudi Energy Minister interviewed by CNN 10 Sep 2019HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Energy Minister, was interviewed by CNN on the sidelines of the World Energy Congress in Abu Dhabi, UAE.
- OPEC Secretary General congratulates staff on the New Islamic Year 30 Aug 2019Vienna, Austria, 30 August 2019--OPEC Secretary General, HE Mohammad Sanusi Barkindo, congratulated the Organization’s staff on the New Islamic Year - the Hijri year. HE Barkindo said: “The year 1440 was one of bountiful achievement for OPEC, but I think a particular highlight has to be the endorsement of the ‘Charter of Cooperation,’ which will herald a new era of dialogue and even greater teamwork between OPEC and our partners.”
- Iraq’s Minister of Oil: Cooperation will enhance market stability and investment potential 12 Jul 2019The extension of production adjustments under the ‘Declaration of Cooperation’ (DoC) will help stabilize the market and reduce price volatility, says HE Thamir Abbas Al-Ghadhban, Iraq’s Minister of Oil, who also praised the “very good” atmosphere between the 14 OPEC countries and their 10 non-OPEC partners.
- OPEC highlights its 2020 oil market forecast in the July Monthly Oil Market Report (MOMR), released today 11 Jul 2019Vienna, Austria, 11 July 2019.
- OPEC Secretary General interviewed by Bloomberg in Baku, Azerbaijan 19 Mar 2019HE Mohammad Sanusi Barkindo speaks to Bloomberg about the positive outcome of the 13th Meeting of the Joint Ministerial Monitoring Committee (JMMC), and the current oil market environment.
- OPEC Secretary General holds a Press Briefing at CERA Week 2019 18 Mar 2019HE Mohammad Sanusi Barkindo, OPEC Secretary General, held a Press Briefing at CERA Week 2019 in Houston, Texas.
- OPEC Secretary General interviewed by Bhushan Bahree, senior director of Energy at IHS Markit 18 Mar 2019HE Mohammad Sanusi Barkindo, OPEC Secretary General, talks to Bhushan Bahree, senior director of Energy at IHS Markit, about the current oil market environment at CERA Week 2019.
- OPEC Secretary General interviewed by CNBC at CERAWeek 2019 13 Mar 2019OPEC Secretary General, HE Mohammad Sanusi Barkindo, emphasizes key oil market challenges and the importance of the ‘Declaration of Cooperation’ in helping maintain market balance and stability in 2019, during an interview with Brian Sullivan, news anchor at CNBC.
- OPEC Secretary General congratulates Nigerian President Muhammadu Buhari on his reelection 27 Feb 2019Vienna, Austria, 27 February 2019--OPEC Secretary General, HE Mohammad Sanusi Barkindo, has extended his congratulations to HE Muhammadu Buhari, President of the Federal Republic of Nigeria, following his election victory.
- OPEC Secretary General congratulates President Vladimir Putin on his birthday anniversary 07 Oct 2018Vienna, Austria, 7 October 2018--OPEC Secretary General, HE Mohammad Sanusi Barkindo, extended birthday congratulations to the Russian President, HE Vladimir Putin. He thanked the President for his pivotal contribution to the 'Declaration of Cooperation' process and looked forward to further cooperation in the future. HE Barkindo wished the President long life, good health and many more years of service to Russia.
- OPEC to launch 2018 Annual Statistical Bulletin 06 Jun 2018Vienna, Austria, 6 June 2018--On Thursday, June 7, the OPEC Secretariat will launch the 53rd edition of the Annual Statistical Bulletin (ASB). This year’s edition provides updated statistical data on the oil and natural gas activities of each of OPEC’s 14 Member Countries. It also contains valuable industry data for various countries around the world and for the world’s major economic areas.
- In pilgrimage tour, OPEC’s Secretary General visits India’s historic Digboi Refinery, first oil well 14 Apr 2018Digboi, India, 14 April 2018--OPEC’s Secretary General HE Mohammad Sanusi Barkindo and an OPEC delegation visited on Friday one of the world’s oldest refineries, Digboi, and oil well No.1 in the remote northeastern corner of the country, which is the birthplace of the oil industry in India’s Assam state.
- OPEC’s Secretary General meets with India’s Petroleum and Natural Gas Minister 10 Apr 2018New Delhi, India, 10 April 2018--OPEC’s Secretary General, HE Mohammad Sanusi Barkindo and an OPEC delegation met today in New Delhi with HE Dharmendra Pradhan, India’s Minister for Petroleum and Natural Gas and the Minister for Skill Development and Entrepreneurship of India, and an accompanying Indian delegation.
