Tag: OPEC

OPEC Secretary-General warns of looming global oil supply shortfall if upstream investment stalls

OPEC Secretary General Haitham Al Ghais challenges the IEA's recent upward revisions to global oil demand data

HE Al Ghais criticized the current structure of COP meetings, suggesting that they have become “more about ‘win or lose’ moments.."

Nigeria is poised to lobby the Organization of Petroleum Exporting Countries (OPEC) for a higher oil production quota as the country looks to rebound from years of declining crude output. ...

A new market analysis by Canada-based investment firm Harbourfront Wealth highlights growing volatility in global crude oil markets as geopolitical tensions, trade policies, and monetary decisions shape market sentiment. The ...

U.S. President Donald Trump has vowed to urge Saudi Arabia and the Organization of Petroleum Exporting Countries (OPEC) to lower global oil prices, arguing that this move would bring an ...

The African Energy Chamber (AEC) has announced its strong support for the decision to renew Haitham Al Ghais as the Secretary General of the Organization of the Petroleum Exporting Countries ...

The African Energy Chamber (AEC), a prominent advocacy group for Africa’s energy sector, has called on African energy ministers to back the re-election of Haitham Al Ghais as Secretary General ...

Nigeria, Africa’s largest oil producer, is grappling with a significant decline in active oil rigs, presenting a serious obstacle to the federal government’s goal of reaching a daily crude oil ...

The newly appointed Executive Vice President, Upstream, of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Udobong Ntia, has emphasized the need for stakeholders in Nigeria’s oil and gas ...