March 29, 2024

OPEC

Global energy demand will rise by 23% between now and 2045 --- OPEC

Global energy demand will rise by 23% between now and 2045 — OPEC

Global energy demand will rise by 23% between now and 2045 — OPEC By Eyo Nsima The Secretary General, Organisation of Petroleum Exporting Countries, OPEC, HE Haitham Al Ghais, said the global energy demand will rise by 23 per cent between now and 2045. Speaking at the G20 Energy Ministerial Meeting, on 22 July 2023, […]

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OPEC daily basket price stood at $61.70 a barrel

OPEC Energy, Oil ministers meet as 8th OPEC International Seminar opens in Vienna

By Eyo Nsima The Energy and Oil ministers of different countries have started their meeting as the 8th OPEC International Seminar begins in Vienna, Austria. In a statement obtained by The Daily, www.thedaily-ng.com, OPEC, stated: “Today, OPEC Energy and Oil ministers attending the 8th OPEC International Seminar in Vienna met on the sidelines of the

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OPEC, WAM sign deal on 8th OPEC International Seminar in Vienna

OPEC, WAM sign deal on 8th OPEC International Seminar in Vienna

OPEC, WAM sign deal on 8th OPEC International Seminar in Vienna By Eyo Nsima The Organisation of the Petroleum Exporting Countries (OPEC) and Emirates News Agency (WAM) have signed an agreement under which WAM will be a media partner for the 8th OPEC International Seminar to be hosted at the Imperial Hofburg Palace in Vienna,

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New jobs, other opportunities open in OPEC

New jobs, other opportunities open in OPEC

New jobs, other opportunities open in OPEC By Our Correspondent A few opportunities have opened in the Organisation of Petroleum Exporting Countries, OPEC, for professionals. The opportunities include the following: Energy Policy Analyst, Systems Administrator, Executive Secretary, Short-term employment, Visiting Research Fellow Programme 2023 and Secondment Programme. Kindly use the links below to see the

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JUST IN: Oil price hits $77.16 per barrel as OPEC+ meets in Vienna

JUST IN: Oil price hits $77.16 per barrel as OPEC+ meets in Vienna

JUST IN: Oil price hits $77.16 per barrel as OPEC+ meets in Vienna By Eyo Nsima The price of Brent has risen to $77.16 per barrel, from $75 per barrel in the international market as the Organisation of Petroleum Exporting Countries and its allies, popularly known as OPEC+ meet in Vienna, Austria. The prices of

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OIL MARKET: Prices hit $86.55 per barrel on OPEC meeting

BREAKING: OPEC cuts Nigeria’s oil production by 20.7% to 1. 38 mb/d

BREAKING: OPEC cuts Nigeria’s oil production by 20.7% to 1. 38 mb/d By Eyo Nsima THE Organisation of Petroleum Exporting Countries and its allies, popularly known as OPEC+ has cut Nigeria’s oil production, excluding condensate by 20.7 per cent to 1.38 million barrels per day, mb/d, from 1.74 mb/d. The decision targeted at achieving stability

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OIL MARKET: Saudi Arabia, Russia, Iraq to produce 38.9% of OPEC+ over 40 mb/d in 2024 

BREAKING: JMMC, 35th OPEC and non-OPEC Ministerial Meeting begin soon — Secretariat

BREAKING: JMMC, 35th OPEC and non-OPEC Ministerial Meeting begin soon — Secretariat By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC has disclosed that the 49th Meeting of the Joint Ministerial Monitoring Committee (JMMC) and the 35th OPEC and non-OPEC Ministerial Meeting will soon commence. In an update obtained by The Daily, www.thedaily-ng.com, OPEC, stated:

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OPEC, WAM sign deal on 8th OPEC International Seminar in Vienna

OIL MARKET: Prices rise over $75 per barrel as OPEC+ meeting begins soon in Vienna

OIL MARKET: Prices rise over $75 per barrel as OPEC+ meeting begins soon in Vienna By Eyo Nsima The prices of many crudes have risen over $75 per barrel in the global market as the Organisation of Petroleum Exporting Countries, OPEC, and its allies, popularly known as OPEC+ plan to hold a crucial meeting. The

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OIL MARKET: Saudi Arabia, Russia, Iraq to produce 38.9% of OPEC+ over 40 mb/d in 2024 

OPEC puts world economic growth at 2.6% for 2023

OPEC puts world economic growth at 2.6% for 2023 By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has estimated the 2023 economic growth at 2.6 per cent. In its May 2023 Monthly Oil Market Report, MOMR, obtained by The Daily, www.thedaily-ng.com, the organization, stated: “World economic growth is estimated at 3.3% for 2022 and

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