Press Releases

China and OPEC commit to working together to help stabilize the global oil market

14 May 2020 | [Joint Press Release] Administrator of National Energy Administration, People’s Republic of China, HE Zhang Jianhua and delegation, along with HE Wang Qun, Permanent Representative and Ambassador Plenipotentiary and Extraordinary of the Permanent Mission of the People’s Republic of China to the United Nations and other International Organizations in Vienna, met with OPEC Secretary General HE Mohammad Sanusi Barkindo and an OPEC delegation for a “milestone” discussion on 14 May via Webinar.

The 10th (Extraordinary) OPEC and non-OPEC Ministerial Meeting concludes

12 Apr 2020 | The 10th (Extraordinary) OPEC and non-OPEC Ministerial Meeting was held via videoconference, on Sunday, 12 April 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and co-Chair HE Alexander Novak, Minister of Energy of the Russian Federation.

APPO commits to support OPEC+ efforts to stabilize the global oil market

11 Apr 2020 | The African Petroleum Producers' Organization (APPO) has followed with keen interest the Meeting of the OPEC+ or Declaration of Cooperation Partners which held on Thursday 9th April 2020 and the Meeting of the G20 Energy Ministers which held yesterday Friday 10th April 2020 aimed at halting and reversing the unprecedented volatility that came to characterize the global oil market since the beginning of March 2020.

The 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting concludes

09 Apr 2020 | The 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting was held via webinar, on Thursday, 09 April 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and co-Chair HE Alexander Novak, Minister of Energy of the Russian Federation.

The African Petroleum Producers’ Organization supports the 9th OPEC and non-OPEC Ministerial Meeting

09 Apr 2020 | Communique of the African Petroleum Producers’ Organization (APPO).

IEA Executive Director and OPEC Secretary General discussed the current situation in global oil markets

16 Mar 2020 | [Joint Statement] Leaders expressed deep concerns about the grave global health crisis caused by the coronavirus (COVID-19) and its related impacts on the stability of economies and markets, notably in developing countries.

OPEC Heads of Delegation hold further consultations

05 Mar 2020 | In view of market developments and following OPEC’s 178th Extraordinary meeting today, the Heads of Delegation of the OPEC Conference held further consultations and decided to recommend extending the duration of the proposed 1.5 million barrel per day additional adjustment until the end of 2020, instead of 30th of June 2020.

OPEC 178th (Extraordinary) Meeting of the Conference concludes

05 Mar 2020 | The 178th (Extraordinary) Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Thursday, 5 March 2020, under the Chairmanship of its President, HE Mohamed Arkab, Minister of Energy of Algeria and Head of its Delegation.

Opening address to the 178th (Extraordinary) Meeting of the OPEC Conference

05 Mar 2020 | Delivered by HE Mohamed Arkab, Algeria’s Minister of Energy and President of the OPEC Conference 2020, at the 178th (Extraordinary) Meeting of the OPEC Conference, 5 March 2020, Vienna, Austria.

Coronavirus: JTC recommends extending production adjustments to end 2020

08 Feb 2020 | The Minister of Energy of Algeria and President of the OPEC Conference in 2020, HE Mohamed Arkab, has said that following an extraordinary meeting of the Joint Technical Committee (JTC) held in Vienna, from 4-6 Feburary 2020, the JTC has recommended  extending voluntary production adjustments under the ‘Declaration of Cooperation’ process until the end of 2020 and to proceed with an additional adjustment until the end of the second quarter.

The 7th OPEC and non-OPEC Ministerial Meeting concludes

06 Dec 2019 | The 7th OPEC and non-OPEC Ministerial Meeting was held in Vienna, Austria, on Friday, 06 December 2019, under the Co-Chairmanship of OPEC’s President, HE Manuel Salvador Quevedo Fernandez, People's Minister of Petroleum of the Bolivarian Republic of Venezuela, and HE Alexander Novak, Minister of Energy of the Russian Federation.

OPEC 177th Meeting concludes

06 Dec 2019 | The 177th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Thursday, 5 December 2019, under the Chairmanship of its President, HE Manuel Salvador Quevedo Fernandez, People's Minister of Petroleum of the Bolivarian Republic of Venezuela and Head of its Delegation. 

Opening address to the 177th Meeting of the OPEC Conference

05 Dec 2019 | Delivered by HE Manuel Salvador Quevedo Fernandez, Venezuela’s People's Minister of Petroleum and President of the OPEC Conference 2019, at the 177th Meeting of the OPEC Conference, 5 December 2019, Vienna, Austria.

OPEC's World Oil Outlook 2019 launched in Vienna

05 Nov 2019 | The 2019 OPEC World Oil Outlook (WOO) was launched today at the Wiener Börsensäle in Vienna, Austria. The 13th edition of the WOO presents an in-depth review of the OPEC Secretariat’s medium- to long-term projections and assessment for the global oil and energy industry.

Third High-level Meeting of the OPEC-China Energy Dialogue

21 Oct 2019 | [Joint Conclusion] The Third High-level Meeting of the OPEC-China Energy Dialogue was held in Vienna, Austria on 21 October 2019. The Meeting was co-chaired by HE Zhang Jianhua, Administrator of the National Energy Administration, People’s Republic of China and OPEC Secretary General, HE Mohammad Sanusi Barkindo. HE Dr. Sun Xiansheng, Secretary General, International Energy Forum, also delivered some opening remarks.

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