OPEC | Egypt Oil & Gas - Part 7
OPEC+ Expected to Commit to Production Cuts
In an interview with Energy Intelligence, Saudi Arabia’s energy minister Prince Abdulaziz bin Salman said that OPEC+ alliance will abide by last October production-cuts decision until the end of the year, Reuter...
OPEC+ Decisions Not Politicized: Saudi Energy Minister
Decisions that OPEC+ makes are not politicized and are based on market realities, according to Abdulaziz bin Salman, Saudi Arabian Energy Minister. He added that the alliance of oil producers is sufficiently adaptable...
OPEC Secretary General: Petroleum Industry Needs $12 trillion of Investments Until 2045
The Secretary General of the Petroleum Exporting Countries Organization (OEPEC), Haitham Al Ghais, said that the OPEC expects that the energy demand will increase and it will reach to its levels as before Coronavirus...
El Molla Highlights Key Role of OPEC in Boosting Cooperation Among Oil Industry Stakeholders
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has underlined the significant role of the Petroleum Exporting Countries Organization (OPEC) in boosting international cooperation and taking into consi...
OPEC President Attends Launch of 2022 GECF Global Gas Outlook 2050
OPEC President and Equatorial Guinean Minister of Mines and Hydrocarbons Gabriel Mbaga Obiang Lima, in his capacity as President of the Council of Ministers of the GECF 2023, has participated in the launch of the 2022... OPEC Expects Chinese Oil Demand to Rebound
OPEC forecasted that China’s COVID-19 restrictions would be relaxed this year, which will boost global growth. The organization also sounded optimistic about the prospects for the global economy in 2023, Reuters...
OPEC+ Will Remain Proactive, Pre-Emptive, Saudi Oil Minister Says
Given market uncertainty, OPEC and its allies must continue to be proactive, according to the Saudi Arabian oil minister, Bloomberg reported. “The market has been subject to some extreme shocks and if it were not for ...
Gabriel Mbaga Obiang Lima Named OPEC President for 2023
Equatorial Guinea’s Minister of Mines and Hydrocarbons Gabriel Mbaga Obiang Lima will take over the presidency of the Organization of Petroleum Exporting Countries (OPEC) in 2023. The African Energy Chamber expr...
