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Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the UN Climate Change Conference (COP 23/CMP 13/CMA 1-2), 16 November 2017, Bonn, Germany. Mr. President, Excellencies, ladies and gentlemen, On behalf of OPEC, I would like to offer our deep appreciation to the Government of Fiji, the city of Bonn, and the UNFCCC Secretariat, …
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OPEC Bulletin Commentary August-September 2018 The ‘poetic voice’ of man is not one commonly associated with the global political economy, economic activities or the oil industry. But often it reveals ‘truths’ that other modes of expression are unable to transmit — and one of those truths is that all spheres of human activity emerge from …
Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the Africa Oil and Power Conference, 5 September 2018, Cape Town, South Africa. Excellencies, distinguished delegates, ladies and gentlemen, It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness…..it was the season of …
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The upcoming projects landscape for the medium-term (2016–2021) for OPEC Member Countries’ downstream sector is affected by two factors: the lifting of international sanctions on Iran, and the return of Gabon to the Organization. A significant number of new investments are set to occur in OPEC Member Countries. Almost 8 mb/d, of potential refining projects …
Vienna, Austria, 20 September 2018--The price of OPEC basket of fifteen crudes stood at $77.06 a barrel on Wednesday, compared with $76.09 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), …
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Bloomberg Anthony DiPaola OPEC needs to keep working with other oil producers to manage global supplies as demand for crude faces 'headwinds,' the head of the organization said. (Bloomberg) -- OPEC needs to keep working with other oil producers to manage global supplies as demand for crude faces “headwinds,” the head of the organization said. …
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by Bloomberg Anthony DiPaola Tuesday, September 18, 2018 The Organization of Petroleum Exporting Countries is concerned by threats to crude supply from large producers such as Iran, according to the group's top official. (Bloomberg) -- The Organization of Petroleum Exporting Countries is concerned by threats to crude supply from large producers such as Iran, …
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The Nigerian Content Development and Monitoring Board (NCDMB) in collaboration with AOS Orwell and the Lagos State Electricity Board, have flagged-off the Smart Electrical Engineering Training programme for 50 engineers out of the 100 selected engineers to be trained at the Lagos Energy Academy in Lagos State. The specialised training is targeted at young …
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NCDMB begins training of 250 Bayelsa teachers The Nigerian Content Development and Monitoring Board (NCDMB) has commenced a development programme for select teachers of junior secondary schools in Bayelsa State in collaboration with the State Government. The programme commenced on Monday and will ultimately benefit teachers from the six geo-political zones of the nation, …
by Bloomberg Fred Ojambo Wednesday, September 19, 2018 (Bloomberg) -- Uganda’s planned oil refinery, due to process the country’s first crude output, may start two years behind schedule after project studies were delayed. The front-end engineering design, or FEED, initially due for completion last year, has only just begun, Energy Minister Irene Muloni said …
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