News 2018

OPEC daily basket price stood at $76.62 a barrel Thursday, 24 May 2018

25 May 2018 | Vienna, Austria, 25 May 2018--The price of OPEC basket of fourteen crudes stood at $76.62 a barrel on Thursday, compared with $76.43 the previous day, according to OPEC Secretariat calculations. (View Archives).

In pilgrimage tour, OPEC’s Secretary General visits India’s historic Digboi Refinery, first oil well

14 Apr 2018 | Digboi, India, 14 April 2018--OPEC’s Secretary General HE Mohammad Sanusi Barkindo and an OPEC delegation visited on Friday one of the world’s oldest refineries, Digboi, and oil well No.1 in the remote northeastern corner of the country, which is the birthplace of the oil industry in India’s Assam state.

OPEC’s Secretary General meets with India’s Petroleum and Natural Gas Minister

10 Apr 2018 | New Delhi, India, 10 April 2018--OPEC’s Secretary General, HE Mohammad Sanusi Barkindo and an OPEC delegation met today in New Delhi with HE Dharmendra Pradhan, India’s Minister for Petroleum and Natural Gas and the Minister for Skill Development and Entrepreneurship of India, and an accompanying Indian delegation.

OPEC Secretary General meets Ambassador of the Russian Federation

09 Apr 2018 | Vienna, Austria, 9 April 2018--OPEC Secretary General, HE Mohammad Sanusi Barkindo, met the Ambassador of the Russian Federation to Austria and the Permanent Representative of the Russian Federation to the United Nations and International Organizations in Vienna, HE Mikhail Ulyanov, on 6 April 2018, at the OPEC headquarters in Vienna. They discussed a number of issues including the current oil market situation, the landmark `Declaration of Cooperation` and the evolution of the relationship between OPEC and the Russian Federation.

OPEC Secretary General meets with Iraqi Prime Minister

29 Mar 2018 | Baghdad, Iraq, 29 March 2018--OPEC’s Secretary General, HE Mohammad Sanusi Barkindo, and an accompanying delegation met with Iraqi Prime Minister HE Haider al-Abadi in Baghdad today. Also present at the high-level meeting was Iraq’s Oil Minister, HE Jabbar Ali Hussein Al-luiebi.

OPEC Secretary General speaks at 4th Iraq Energy Forum

28 Mar 2018 | Baghdad, Iraq, 28 March 2018--OPEC’s Secretary General, HE Mohammad Sanusi Barkindo, took part in a plenary session entitled “Energy, Economy and Geopolitics” at the 4th Iraq Energy Forum on Wednesday, 28 March 2018.

OPEC Secretary General meets with Speaker of Iraq’s Parliament

28 Mar 2018 | Baghdad, Iraq, 28 March 2018--The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), HE Mohammad Sanusi Barkindo, and an accompanying delegation met with the Speaker of the Iraqi Parliament, HE Salim Al-Jabouri, on Tuesday in Baghdad. The meeting was also attended by Iraq’s Oil Minister, HE Jabbar Ali Hussein Al-luiebi.

OPEC Secretary General meets with Iraqi Oil Minister

26 Mar 2018 | Baghdad, Iraq, 26 March 2018--OPEC's Secretary General, HE Mohammad Sanusi Barkindo, met with Iraqi Oil Minister, HE Jabbar Ali Hussein Al-luiebi, today in Baghdad. They discussed the oil market outlook and efforts by OPEC and non-OPEC signatories of the 'Declaration of Cooperation' to rebalance the oil market.

OPEC Secretary General meets with Iraqi President

26 Mar 2018 | Baghdad, Iraq, 26 March 2018--OPEC's Secretary General, HE Mohammad Sanusi Barkindo, met with Iraq's President, HE Fuad Masum, today in Baghdad. The President reiterated Iraq’s commitment to the 'Declaration of Cooperation', signed by 24 oil producing countries on 10 December 2016, through which production levels were voluntarily adjusted to reduce the stock overhang and bring about a return of market stability.

OPEC Secretary General meets with Azerbaijani President and Energy Minister

21 Mar 2018 | Baku, Azerbaijan, 21 March 2018--OPEC Secretary General, HE Mohammad Sanusi Barkindo, met with the President of the Republic of Azerbaijan, HE Ilham Aliyev and HE Parviz Shahbazov, Minister of Industry and Energy, as well as other senior Azerbaijani officials, in Baku, during a visit to Azerbaijan from 18-19 March 2018.

OPEC Secretary General congratulates Chancellor Angela Merkel on her reelection

20 Mar 2018 | Vienna, Austria, 20 March 2018--OPEC Secretary General, HE Mohammad Sanusi Barkindo, has extended his congratulations to HE Angela Merkel, following her reelection as Chancellor of Germany for the fourth time. The Secretary General said that it is truly an amazing achievement to have been Chancellor since 2005 and over the past 13 years she has fulfilled this role with great dignity and gravity.

OPEC Secretary General congratulates Russian President Vladimir Putin on his reelection

19 Mar 2018 | Vienna, Austria, 19 March 2018--OPEC Secretary General, HE Mohammad Sanusi Barkindo, has extended his congratulations to HE Vladimir Putin, President of the Russian Federation, following his election victory on Sunday. The Secretary General commended President Putin for his engagement and pivotal contribution to the ongoing success of the landmark ‘Declaration of Cooperation’ between OPEC and non-OPEC producing countries. The Russian Federation and OPEC currently enjoy excellent relations and the Secretary General stated that he looked forward to further strengthening collaboration going forward.

OPEC Secretary General interviewed by CNBC at CERAWeek 2018

07 Mar 2018 | OPEC Secretary General, HE Mohammad Sanusi Barkindo, discusses the current oil market environment and the investment challenge with Brian Sullivan, news anchor at CNBC.

Ministerial plenary at CERAWeek

07 Mar 2018 | Houston, Texas, 7 March 2018--CERAWeek 2018 on March 6 played host to a high-level ministerial plenary session among a selection of ministers from the landmark ‘Declaration of Cooperation’.

OPEC and IEA share the stage at CERAWeek

06 Mar 2018 | Houston, Texas, 6 March 2018--OPEC Secretary General, HE Mohammad Sanusi Barkindo, was Monday (March 5) joined by the Executive Director of the International Energy Agency (IEA), Dr. Fatih Birol, in a two-man plenary session at the CERAWeek 2018 in Houston. The energy dialogue was moderated by Daniel Yergin, Vice Chairman, IHS Markit, and Chairman of CERAWeek.

OPEC Secretary General congratulates HE Khalid A. Al-Falih on ’International Oil Diplomacy of the Year 2017’ Award

15 Feb 2018 | Vienna, Austria, 15 February 2018--OPEC Secretary General, HE Mohammad Sanusi Barkindo, has congratulated HE Khalid A. Al-Falih, Saudi Arabia’s Minister of Energy, Industry and Mineral Resources, on the bestowing of the ‘International Oil Diplomacy of the Year 2017’ Award. The Secretary General said that the award was a well-deserved recognition for HE Al-Falih’s outstanding and momentous leadership as President of the OPEC Conference in 2017. The Award will be presented at the Energy Institute’s International Petroleum Week on 22 February in London.

OPEC Secretary General meets with Nigerian Ambassador to Saudi Arabia

14 Feb 2018 | Riyadh, Saudi Arabia, 14 February 2018--OPEC Secretary General, HE Mohammad Sanusi Barkindo, paid a courtesy visit to the Ambassador of Nigeria to the Kingdom of Saudi Arabia, HE Isa Dodo, during the 8th IEA-IEF-OPEC Symposium on Energy Outlooks in Riyadh today. The Symposium is part of a broad work programme undertaken by the three organizations as mandated by energy ministers at the 12th IEF Ministerial Meeting held in Cancún, Mexico, on 30-31 March 2010.

OPEC Secretary General delivers keynote speech at Egypt Petroleum Show 2018

13 Feb 2018 | On Monday, 12 February 2018, OPEC’s Secretary General, HE Mohammad Sanusi Barkindo, delivered a keynote speech during the Presidential Opening Ceremony at this year’s Egypt Petroleum Show held in Cairo, Egypt.

OPEC Secretary General participates in Egypt Petroleum Show 2018

12 Feb 2018 | Cairo, Egypt, 12 February 2018--HE Mohammad Sanusi Barkindo today shared a platform at the Egypt Petroleum Show (EGYPS) 2018 with HE Abbas Al Naqi, Secretary General of the Organization of Arab Petroleum Exporting Countries (OAPEC) and HE Dr Yury Sentyurin, Secretary General, of the Gas Exporting Countries Forum (GECF), in a panel session moderated by Eithne Treanor, CEO, E Treanor Media.

OPEC Secretary General meets with President of Ecuador and Minister of Hydrocarbons in Quito

07 Feb 2018 | Quito, Ecuador, 7 February 2018--HE Lenín Moreno, the President of Ecuador, yesterday received HE Mohammad Sanusi Barkindo, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), in Quito, Ecuador.

OPEC Secretary General meets with Venezuela’s President, Petroleum Minister

06 Feb 2018 | Caracas, Venezuela, 6 February 2018--OPEC Secretary General, HE Mohammad Sanusi Barkindo, met with HE Nicolás Maduro Moros, the President of Venezuela, in Caracas, where they discussed various issues related to energy and the oil markets.

OPEC Secretary General meets with President of Azerbaijan

25 Jan 2018 | Davos, Switzerland, 25 January 2018--OPEC Secretary General, HE Mohammad Sanusi Barkindo, met bilaterally with HE Ilham Aliyev, President of Azerbaijan, at the World Economic Forum (WEF) Annual Meeting, which is being held in Davos-Klosters, Switzerland, from 23-26 January.

OPEC Secretary General meets with Vice President of Nigeria

25 Jan 2018 | Davos, Switzerland, 25 January 2018--HE Mohammad Sanusi Barkindo, OPEC Secretary General, met with the Vice President of Nigeria, HE Professor Yemi Osinbajo, on the sidelines of the World Economic Forum (WEF) Annual Meeting in Davos.

OPEC Secretary General meets with Prime Minister of Denmark

25 Jan 2018 | Davos, Switzerland, 25 January 2018--OPEC Secretary General, HE Mohammad Sanusi Barkindo, met with HE Lars Løkke Rasmussen, Prime Minister of Denmark at the World Economic Forum (WEF) Annual Meeting in Davos, where they discussed various issues related to energy and climate change. This included talks on the ‘Paris Agreement’, as well as positive discussions on the active participation of OPEC Member Countries in COP meetings and the United Nations Framework Convention on Climate Change (UNFCCC).