The Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC), Mr Haitham Al-Ghais, has called on African nations to harness their 120 billion barrels of proven oil reserves to drive economic development. Delivering a keynote address titled “Driving Cross-Continental…
By Haitham Al-Ghais, OPEC Secretary General Since assuming the office of OPEC Secretary General almost two years ago, I have had the privilege of visiting every African OPEC Member Country, as well as several other African countries. Every visit has…
$14 trillion investment in the oil and gas industry between 2024 to 2045 will be required to meet global demands per the Organisation of the Petroleum Exporting Countries (OPEC). The Secretary-General of OPEC, Haitham Al-Ghais, made this known while fielding…
The Organization of the Petroleum Exporting Countries (OPEC) has advised the Nigerian National Petroleum Company Limited (NNPCL) to increase oil production in order to take part in the $14 trillion investment opportunity in the global oil market in the near…
OPEC Secretary – General, Haitham Al Ghais on Monday said that underinvesting in the oil and gas sector could cause market volatility in the long term and imperil growth. He also said that the world needs to focus on reducing…
His Excellency Haitham Al Ghais of Kuwait yesterdaytook office as Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) at the Organization’s Secretariat in Vienna, Austria. HE Al Ghais was appointed by acclamation for a three-year term at…
The Secretary General-elect of the Organization of Petroleum Exporting Countries, OPEC, says that a top priority for him is to keep the group’s pact with Russia and other producers in place, saying it was in the wider interest of the…
