Mohammed Barkindo

OPEC: it's 'nearly impossible' to replace Russian oil

OPEC: it's 'nearly impossible' to replace Russian oil

OPEC's Secretary-General Mohammad Barkindo said it would be "nearly impossible" to replace Russian oil. According to Barkindo, the highly volatile market is not based on fundamentals and is out of its control. …

Azerbaijan and OPEC discuss future cooperation

Azerbaijan and OPEC discuss future cooperation

Azerbaijani Foreign Minister Jeyhun Bayramov and Secretary-General of the Organization of Petroleum Exporting Countries (OPEC) Mohammed Barkindo have discussed prospects of cooperation in Vienna, Austria, the ministry reported. …

OPEC countries may elect new Secretary-General today

OPEC countries may elect new Secretary-General today

The ministers of the OPEC countries will hold a special meeting on Monday, January 3, where they will discuss the candidacy of the new Secretary-General of the organization, who should replace Mohammed Barkindo starting from August, according to …

OPEC+ abandons oil policy meeting

OPEC+ abandons oil policy meeting

OPEC+ abandoned its meeting without a deal, tipping the cartel into crisis and leaving the oil market facing tight supplies and rising prices. Several days of tense talks failed to resolve a bitter dispute between Saudi Arabia and the …

OPEC to hold first in-person meeting in a year in Baghdad

OPEC to hold first in-person meeting in a year in Baghdad

Ministers of OPEC countries will have the first in-person meeting in a year on September 30, 2021, in the Iraqi capital to celebrate the occasion of the 60th OPEC Anniversary that has been postponed since last September, according to the …

OPEC sees positive oil market outlook

OPEC sees positive oil market outlook

OPEC sees a generally positive oil market outlook with last year’s uncertainty easing, but downside risks caused by the pandemic persist, the group’s secretary general and its experts said. "We have come a long way from …

OPEC’s anniversary meeeting postponed

OPEC’s anniversary meeeting postponed

The celebrations of OPEC’s 60th anniversary, which were originally scheduled this month in Baghdad where the Organization was founded, have been postponed. Iraq’s Oil Minister and Head of its Delegation to OPEC Ihsan Abdul …

16th meeting of Valdai Discussion Club opens in Sochi

16th meeting of Valdai Discussion Club opens in Sochi

The 16th annual meeting of the Valdai Discussion Club has opened in Sochi today. It will be held from September 30 until October 3. This year’s topic is 'The Dawn of the East and the World Political Order.' At the …

April OPEC+ meeting to be held in Egypt instead of Vienna?

April OPEC+ meeting to be held in Egypt instead of Vienna?

Egypt could replace Austria as the venue for the OPEC-non-OPEC meeting on April 17-18, Egyptian minister of petroleum and mineral resources Tarek El Molla said on the sidelines of the CERAWeek conference in the US city …

Novak confirms participation in OPEC+ meeting in Baku

Novak confirms participation in OPEC+ meeting in Baku

Representatives of 14 countries, including Russian Energy Minister Alexander Novak, confirmed their participation in the 13th meeting of the Joint OPEC and non-OPEC Ministerial Monitoring Committee in Baku, according to the …