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OPEC’s Barkindo says excess oil in OECD economies dropped by 268...

SANUSI BARKINDO, SECRETARY general of the Organisation of Petroleum Exporting Countries (OPEC) has stated that there was a 268 million barrels drop in excess...

OPEC’s Barkindo says Southern Gas Corridor changing energy landscape

Mohammad Sanusi Barkindo, the Organisation of Petroleum Exporting Countries, (OPEC) secretary general, has said the Southern Gas Corridor is changing the energy landscape in...

OPEC, non-OPEC members’ oil cut deal hit over 130%

The level of conformity to the Declaration of Cooperation by Organisation of Petroleum Exporting Countries (OPEC) and Non-OPEC has hit over 130 percent, Mohammad...

Oil, gas to provide more than half of the world’s energy...

By Ayobami Adedinni The Secretary General of the Organisation of Petroleum Exporting Countries, (OPEC), Mohammed Barkindo has said Oil and gas together are still expected...

Nigeria’s Bonny Light crude oil hits $67.10 a barrel

The price of Nigeria’s Bonny Light crude oil reached $67.10 per barrel to emerge the highest priced product among members of Organisation of the...

OPEC countries require $10.5tr to meet oil demand

Members of the Organisation of the Petroleum Exporting Countries (OPEC) are said to require investments of about $10.5trillion to meet the projected increase in...

OPEC holds 2nd Technical Meeting of OPEC, Non-OPEC Participating Countries

OPEC hosted the second edition of its OPEC and non-OPEC technical meeting under the umbrella of the Declaration of Cooperation at the OPEC Secretariat...

OPEC’s Declaration of Cooperation

By Ayobami Adedinni The Organization of Petroleum Exporting Countries (OPEC), Azerbaijan, Kingdom of Bahrain, Brunei Darussalam, Kazakhstan, Malaysia, Mexico, Sultanate of Oman, the Russian Federation,...

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