Chinese Oil Firm Enhances Education Infrastructure in South Sudan

On Tuesday, China National Petroleum Corporation (CNPC) officially handed over a fully renovated Chinese Friendship Secondary School to the Central...

CNPC Secures Top Innovation Award at CIPPE 2025

On March 26, the 25th China International Petroleum & Petrochemical Technology and Equipment Exhibition (CIPPE 2025) kicked off in Beijing. CNPC...

The OPEC daily basket price was recorded at $67.65 per barrel on Thursday, April 17, 2025.

Vienna, Austria, 17 April 2025 — The price of the OPEC basket of twelve crudes stood at $67.65 per barrel on Tuesday, up from $66.53 the previous day...

The OPEC Secretariat has received revised compensation plans from Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, and Oman.

16 April 2025 – As agreed during the virtual meeting held by the eight countries with additional voluntary adjustments, including Saudi Arabia...

Oil Industry Investments: Why the IEA’s Language Matters

A Moment of Clarity for the IEA: Investment Messaging Matters On 7 March 2017, during CERAWeek, the Executive Director of the International Energy...

Brazil’s Energy Council Greenlights Entry into Charter of Cooperation

OPEC Welcomes Brazil’s Decision to Join the Charter of Cooperation OPEC has welcomed the approval by Brazil’s National Energy Council (CNPE), which...

Opening Words by OPEC Chief

Delivered by His Excellency Haitham Al Ghais, Secretary General of OPEC, at the 15th IEA-IEF-OPEC Symposium on Energy Outlooks held in Riyadh, Saudi...

Opening Statement from the OPEC Secretary General

Presented by His Excellency Haitham Al Ghais, Secretary General of OPEC, at the 3rd Libya Energy & Economic Summit 2025, themed ‘Libya’s Role as a...

Joint Ministerial Monitoring Committee – 59th Meeting

The 59th Meeting of the Joint Ministerial Monitoring Committee (JMMC) was held via videoconference on Wednesday, 9 April 2025. The Joint Ministerial...