Press Releases

OPEC and non-OPEC Ministerial Meeting highlights importance of ongoing rebalancing efforts

27 Apr 2021 | The 16th OPEC and non-OPEC Ministerial Meeting of the Declaration of Cooperation (DoC) took place via teleconference on Tuesday, 27 April 2021, under the Chairmanship of HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation.

15th OPEC and non-OPEC Ministerial Meeting concludes

01 Apr 2021 | The 15th Meeting of OPEC and non-OPEC Ministers took place via videoconference on Thursday, 1 April 2021, under the Chairmanship of HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation.

OPEC welcomes Saudi Arabia’s new green initiatives

30 Mar 2021 | The Organization of the Petroleum Exporting Countries (OPEC) welcomes two new initiatives by the Kingdom of Saudi Arabia which aim to reduce emissions and the region’s environmental footprint.

14th OPEC and non-OPEC Ministerial Meeting

04 Mar 2021 | The 14th Meeting of OPEC and non-OPEC Ministers took place via video conference on Thursday March 4, 2021, under the Chairmanship of HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation.

OPEC’s 8th International Seminar postponed to 29-30 June 2022

24 Feb 2021 | The Organization of the Petroleum Exporting Countries (OPEC) has postponed its 8th International Seminar until next year due to the COVID-19 pandemic. The Seminar, originally scheduled for 16-17 June 2021, will now be held on 29-30 June 2022 at the Hofburg Imperial Palace in Vienna, Austria.

IEA-IEF-OPEC Symposium on Energy Outlooks discusses global energy security and market stability

17 Feb 2021 | [Joint Press Release] The International Energy Agency (IEA), the International Energy Forum (IEF) and the Organization of the Petroleum Exporting Countries (OPEC) today hosted the 11th IEA-IEF-OPEC Symposium on Energy Outlooks to examine the impact of the COVID-19 pandemic on global energy markets and the outlook for global energy security and market stability.

Kazakhstan conveys its full commitment to compensate for overproduced volumes

03 Feb 2021 | Kazakhstan continues to demonstrate its full support for the decisions taken at OPEC and non-OPEC Ministerial Meetings (ONOMM), most recently the 13th ONOMM on 4/5 January 2021.

HE Timipre Sylva of Nigeria appointed Special Envoy for further consultations with DoC Participating Countries

03 Feb 2021 | At the 26th Meeting of the Joint Ministerial Monitoring Committee (JMMC) held on 3 February 2021, the Chair of the Committee, HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-chair, HE Alexander Novak, Deputy Prime Minister of the Russian Federation, commended the positive efforts of all countries participating in the ‘Declaration of Cooperation’ (DoC) for the monumental strides taken toward attaining full conformity with their voluntary adjustments in output. Participating Countries have been proactive and pre-emptive in measures taken to mitigate the devastating impact of the COVID-19 pandemic on the oil market.

Iraq expresses commitment to compensate for overproduced volumes

03 Feb 2021 | Iraq reiterates its commitment to adhering to full conformity and compensating for overproduced volumes in accordance with decisions taken at OPEC and non-OPEC Ministerial Meetings (ONOMM), most recently the 13th ONOMM on 4/5 January 2021.

JMMC optimistic for year of recovery in 2021

03 Feb 2021 | The 26th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday, 3 February 2021, under the Chairmanship of HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation.

13th OPEC and non-OPEC Ministerial Meeting concludes

05 Jan 2021 | The 13th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, concluded on Tuesday, 5 January 2021.

The 13th OPEC and non-OPEC Ministerial Meeting to reconvene on 5 January

04 Jan 2021 | The 13th OPEC and non-OPEC Ministerial Meeting has been adjourned until tomorrow, Tuesday, 5 January. The meeting will resume at 15:30 (Vienna time) tomorrow.

Stabilizing the international oil market and jointly facing the challenge of the COVID-19 pandemic – Fourth High-level Meeting of the OPEC-China Energy Dialogue

28 Dec 2020 | [Joint Conclusion] The Fourth High-level Meeting of the OPEC-China Energy Dialogue was held by videoconference on 7 December 2020. 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 Wang Qun, Ambassador of the Permanent Mission of China to the United Nations and Other International Organizations in Vienna also attended the meeting and delivered opening remarks.

47th JTC and 25th JMMC moved to 3 and 4 January 2021

14 Dec 2020 | The 47th Meeting of the Joint Technical Committee (JTC) and the 25th Meeting of the Joint Ministerial Monitoring Committee (JMMC), originally scheduled for 16 and 17 December 2020 have been rescheduled for 3 and 4 January 2021, respectively.

The 12th OPEC and non-OPEC Ministerial Meeting concludes

03 Dec 2020 | The 12th OPEC and non-OPEC Ministerial Meeting (ONOMM) was held via videoconference, on Thursday, 03 December 2020.

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