Thursday , 23 November 2017

OPEC

Implementation of Paris Agreement should be ‘win-win’ in nature – Barkindo

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, for their excellent arrangements and warm hospitality.   We join all Parties in congratulating Fijian Prime Minister Frank Bainimarama for courageously undertaking the Presidency of COP 23 at this crucial time in the UNFCCC process. …

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OPEC puts 2018 oil demand growth 1.51 mb/d

The Organisation of Petroleum Exporting Countries, OPEC has put the 2018 oil demand growth at 1.51 million barrels per day.   The organisation disclosed in its November market report that: ‘’In 2018, world oil demand is foreseen reaching 1.51 mb/d, around 1 30 tb/d higher than in the previous assessment. ‘’Non-OPEC oil supply is now projected to grow by 0.65 …

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