Investments needed to ensure stability in the global oil industry are returning after a downturn, but the pace is still slow, OPEC Secretary General Mohammed Barkindo said.
News ID: 4071 Publish Date : 2019/03/18
OPEC and its allies do not rule out taking further action at their next meeting in April should oil inventories build up in the first quarter, OPEC’s secretary general told Reuters.
News ID: 3424 Publish Date : 2019/01/26
Contrary to initial reports that OPEC will not make public the country quotas in the new production cut deal, the organization now plans to publish a table of each OPEC and non-OPEC individual quotas in an attempt to inject some positive sentiment in a crashing oil market, OPEC’s Secretary General Mohammad Barkindo wrote in a letter seen by Reuters.
News ID: 3038 Publish Date : 2018/12/23
OPEC Secretary-General Mohammad Barkindo called for cooperation between OPEC and non-OPEC countries, warning that failure to do so could lead to one crisis after another.
News ID: 2283 Publish Date : 2018/09/27
Oil demand will grow at a healthy pace over the next five years, as renewables show the fastest expansion of any type of energy, the head of the Organization of Petroleum Exporting Countries said.
News ID: 1437 Publish Date : 2017/10/17