Press Releases 2021

OPEC takes part in Russian Energy Week 2021

14 Oct 2021 | OPEC Secretary General, HE Mohammad Sanusi Barkindo, participated in two key panel discussions during the 2021 edition of Russian Energy Week (REW) in Moscow.

OPEC holds inaugural technical workshop with energy companies

11 Oct 2021 | The OPEC Secretariat today hosted the First Technical Workshop with Energy Companies via videoconference.

21st OPEC and non-OPEC Ministerial Meeting concludes

04 Oct 2021 | The 21st OPEC and non-OPEC Ministerial Meeting, held via videoconference, concluded on Monday, 4 October 2021.

OPEC launches its 2021 Annual Statistical Bulletin

30 Sep 2021 | The Organization of the Petroleum Exporting Countries (OPEC) today launched the 2021 edition of its Annual Statistical Bulletin (ASB), via videoconference.

OPEC's World Oil Outlook 2021 launched in Vienna

28 Sep 2021 | The 2021 OPEC World Oil Outlook (WOO) was launched today in Vienna, Austria. The 15th edition of the WOO presents an in-depth review of the OPEC Secretariat’s ongoing analysis of the impacts of the COVID-19 pandemic, and contains medium- and long-term projections for the global oil and energy industry.

OPEC to launch its Annual Statistical Bulletin 2021 on 30 September 2021

24 Sep 2021 | OPEC will launch the 2021 edition of its Annual Statistical Bulletin (ASB) on Thursday, 30 September 2021, at 14:00 (CEST) via videoconference.

OPEC's World Oil Outlook to be launched on 28 September 2021

23 Sep 2021 | The 2021 OPEC World Oil Outlook (WOO) will be launched via videoconference in Vienna, Austria, on Tuesday, 28 September 2021 at 14:30 (CEST).

OPEC turns 61

14 Sep 2021 | OPEC takes pride in honouring and celebrating its rich and unique history and heritage, particularly on the Anniversary of its founding on 14 September 1960. The year 2021 marks the 61st Anniversary of that auspicious day and represents an opportunity to reflect on the Organization’s past and look to the future.

20th OPEC and non-OPEC Ministerial Meeting concludes

01 Sep 2021 | The 20th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, concluded on Wednesday, 1 September 2021.

Call for nominations - OPEC Research and Journalism Awards 2022

30 Jul 2021 | The Organization of the Petroleum Exporting Countries (OPEC) has opened a call for nominations for its two prestigious industry awards, namely, ‘The OPEC Award for Research’ and ‘The OPEC Award for Journalism.’ Both Awards will be presented on the occasion of the 8th OPEC International Seminar, scheduled to take place on 29 and 30 June 2022.

19th OPEC and non-OPEC Ministerial Meeting concludes

18 Jul 2021 | The 19th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, concluded on Sunday 18 July 2021.

19th OPEC, non-OPEC Ministerial Meeting to convene on Sunday, 18 July

17 Jul 2021 | The 19th OPEC and non-OPEC Ministerial Meeting of the Declaration of Cooperation (DoC) will hold on Sunday, 18 July 2021, at 12:00 (CEST) via videoconference.

OPEC participates in Nigeria Oil and Gas Conference and Exhibition 2021

06 Jul 2021 | The Organization of the Petroleum Exporting Countries (OPEC) took part in the 20th edition of the Nigeria Oil and Gas Conference and Exhibition.

18th OPEC, non-OPEC Ministerial Meeting called off

05 Jul 2021 | “The 18th OPEC and non-OPEC Ministerial Meeting has been called off,” OPEC Secretary General, HE Mohammad Sanusi Barkindo, said in a letter to Heads of Delegation of OPEC Member Countries and non-OPEC oil producing countries participating in the Declaration of Cooperation (DoC).

18th OPEC and non-OPEC Ministerial Meeting to reconvene on 5 July

02 Jul 2021 | The 18th OPEC and non-OPEC Ministerial Meeting has been adjourned for today and will resume on Monday, 5 July 2021, at 15:00 (CEST) via videoconference.

31st JMMC, 18th OPEC and non-OPEC Ministerial Meetings to continue on Friday, 2 July

01 Jul 2021 | The 31st Meeting of the Joint Ministerial Monitoring Committee (JMMC) and the 18th OPEC and non-OPEC Ministerial Meeting have adjourned and will continue tomorrow, Friday, 2 July 2021, at 15:00 and 16:30 (CEST), respectively, via videoconference.

Opening address to the 181st Meeting of the OPEC Conference

01 Jul 2021 | Delivered by HE Dr Diamantino Pedro Azevedo, Angola’s Minister of Mineral Resources and Petroleum and President of the OPEC Conference, at the 181st Meeting of the OPEC Conference, 1 July 2021, via videoconference.

OPEC to mark 50th anniversary of Nigeria’s Membership

22 Jun 2021 | The OPEC Secretariat will mark the 50th anniversary of Nigeria joining the Organization on July 12, 2021. Nigeria was unanimously accepted as the then 11th Member of OPEC on July 12, 1971, it was a day of historic importance for both Nigeria and OPEC.

OPEC hosts first Energy Dialogue with Africa

02 Jun 2021 | OPEC, in collaboration with the African Energy Commission (AFREC), the African Petroleum Producers’ Organization (APPO) and African Refiners and Distributors Association (ARDA), joined efforts during the inaugural OPEC-Africa Energy Dialogue to promote continent-wide energy cooperation initiatives.

17th OPEC and non-OPEC Ministerial Meeting concludes

01 Jun 2021 | The 17th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, concluded on Tuesday, 1 June 2021.

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.