Wednesday , 25 April 2018


United States, other non members still over produce oil – Barkindo

Mr. Chairman, Excellencies, distinguished delegates, I would like to thank the Kuwaiti Government and HE Issam A. Almarzooq, for hosting the 2nd Meeting of the Joint Ministerial Monitoring Committee (JMMC).  It is a great pleasure to return to Kuwait, the Jewel in the Gulf. I would also like to thank everyone, both OPEC and non-OPEC delegations alike, for being here …

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Physical and financial factors influence oil prices – Barkindo

Good morning. Allow me to begin by welcoming you to Vienna and to the OPEC Secretariat for the Second Joint IEA-IEF-OPEC Technical Meeting on the interactions between physical and financial energy markets. I believe it is a testament to the growing importance of this complex and evolving subject that we continue to meet and gather such a distinguished and diverse …

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Podcast by Honorable Minister of State, Petroleum Resources, Dr. Emmanuel Ibe Kachikwu on “Oil Sector Militancy Challenges…A Roadmap To Closure”

Direct Sale-Direct Purchase to Replace Crude Swap begins March – Kachikwu

We would like to share the podcast featuring the Honorable Minister of State, Petroleum Resources, Dr. Emmanuel Ibe Kachikwu as he highlights the Oil Sector Militancy  Challenges and the 20-Point Agenda that will provide a #RoadmapToClosure. Your feedback is  highly welcome and we do encourage you to use the hashtag, #RodmapToClosure to share your thoughts and make contributions across our …

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There is no certainty on what future oil and gas prices will look like, says Maarten Wetselaar. However, capital costs is one important factor over which companies have some control. In this speech, Maarten argues that it comes down to the whole supply chain working together to create radically cheaper solutions. As you know, oil and gas prices are ultimately …

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Rockefeller Foundation comments on topical issues concerning its 100 Resilient Cities (100RC).

The Rockefeller Foundation has made positive impact in many parts of the world. In this interview with The Daily, Liz Agbor-Tabi; Associate Director (Africa), 100 Resilient Cities (100RC), Rockefeller Foundation comments on topical issues concerning its 100 Resilient Cities (100RC).   What factors motivated the Rockefeller Foundation to embark on 100 Resilient Cities (100RC)? 100 Resilient Cities (100RC) was launched …

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Appoint technocrats, not politicians into energy, environment and other sectors, Distinguished Prof Hilary Inyang tells FG

Prof Inyang

What does the Nigerian National Order of Merit (NNOM) Award for Engineering and Technology means to you and your various interventions in Nigeria? I am delighted and grateful to Nigerians, the Federal Government and the Merit selection panel for this excellence award. Being a diasporan who has lived and worked outside Nigeria, albeit on some Nigerian technological issues, I am …

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Why African economies are facing a double threat

African economies currently face a double threat. First, commodity prices are at their lowest in decades, which has already caused a 16 percent drop in sub-Saharan Africa’s terms of trade (the ratio of export prices to import prices). Second, responding to its own slowing growth, China has scaled back its investment on the continent. As a result, African economies increasingly face budget …

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Technology is the heart of all significant achievement in the oil and gas industry – Omorodion

Nosa Omorodion

 Mr. Nosa Omorodion, (FNAPE) is President of the Nigerian Association of Petroleum Explorationists (NAPE) and Director, National Independents at Schlumberger. In this interview, he spoke on the impact the organisation has made on its membership and the oil and gas industry generally. Congratulations on your election as NAPE President, at a time the association turned 40, how much impact in …

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Last two years have been challenging for oil industry – El-Badri

I am sure everyone appreciates that the last two years have been a challenging time for the oil industry.  At times it has felt as though the industry has been in constant flux, as investments, projects, margins and jobs have been cut. While the short-term focus remains on returning balance and stability to the market, something I will return to …

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