Iran Rises in Oil, Gas Condensates Exports
Iran has become the fourth largest oil exporter, accounting for 9% of OPEC's total crude oil and gas condensate exports, according to IRNA news agency.
OPEC | Egypt Oil & Gas - Part 3
El Molla Participates in EGYPES 2024 Energy Transition, Decarbonization Panel Discussion
Minister of Petroleum and Mineral Resources Tarek El Molla has stated that a successful energy transition and the expansion of renewable energies require the provision of adequate funds, real commitment, and new t ...
OPEC Expresses Readiness to Receive Young Middle Management Professionals from Egypt for Training
Minister of Petroleum and Mineral Resources has Tarek El Molla met with Haitham Al-Ghais, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC).
OPEC SG Urges Increase in Oil Production Due to Optimistic Demand Outlook
OPEC Secretary General Haitham Al Ghais stated that OPEC is optimistic about demand and asserts the necessity to increase production, Reuters reported.
OPEC’s JMMC Reaffirms Commitment to DoC
The 49th Meeting of the Joint Ministerial Monitorings Committee (JMMC) of the Petroleum Exporting Countries Organization (OPEC) was held on Friday, 04 August 2023, via videoconference.
Iran’s Oil Production Reached 2.87 mmbbl/d in May 2023
The International Energy Agency (IEA) has announced that Iran has recorded oil production reached 2.87 million barrels per day (mmbl/d) in May 2023.
OPEC Secretary General: Global Energy Demand to Rise 23% by 2045
OPEC, Organization of the Petroleum Exporting Countries, anticipates that global energy will increase by 23% by 2045 and overall demand will surge to 110 million barrels per day, according to Haitham Al Ghais, OPE ...
Japan, OPEC to Organize High-Level Dialogue
Japan and the Organization of the Petroleum Exporting Countries (OPEC) have decided to organize a dialogue between senior officials, Nikkei reported.
KSA Energy Minister: OPEC+ Working Against ‘Uncertainities and Sentiment’
Saudi Arabia's energy minister Prince Abdulaziz bin Salman that the most recent OPEC+ deal included fundamental reforms but also aimed to combat "uncertainties and sentiment" in the market,
OPEC Secretary General: Underinvestment Could Cause Market Volatility
Underinvestment in the oil and gas sector could cause long-term market volatility, stated Haitham Al Ghais, OPEC Secretary General, in a report from Reuters.
